deverellsmith releases comprehensive 2025 Salary Guide & Trends Report for the real estate industry

 "What we're seeing in the leasehold sector is quite distinct from other property segments," says Will Kirby, Senior Business Manager. "With more professionals leaving than entering the industry, and diminished entry-level training programmes, companies are having to offer increasingly competitive compensation to attract experienced managers from competitors."

Key findings for the leasehold sector include: 

• Sustained salary growth: Property management has seen consistent compensation increases due to persistent talent shortages, creating ongoing wage inflation.

• Service charge dynamics: Estate and facilities managers, whose salaries are funded through service charges, can sometimes command higher remuneration than their supervisors, with examples of individuals leveraging counter-offers to achieve jumps from £60,000 to £80,000.

• On-site premium: Residents are willing to collectively increase service charge contributions to secure preferred candidates for on-site roles, creating unique compensation dynamics.

The guide also notes shifting professional priorities, with 41% of employees now favouring higher pay, while work-life balance considerations have decreased from 54% in 2024 to 39% in 2025. 

 However, flexible working arrangements remain a decisive factor, with some candidates choosing two remote working days over higher salaries that require full office attendance.

 The full "Salary Guide & Trends Report 2025" provides comprehensive data and insights to help leasehold sector employers navigate compensation planning, recruitment strategies, and retention initiatives in an evolving talent landscape.

You can download the full report here.