A prounced Brexit effect on UK house prices was unclear up to now but recently released figures indicate we are now seeing a trend. It appears that the very wealthy areas of London are seeing strong downward pressure on prices.
One report indicates the areas such as Balham and Putney are seeing a fall in prices of 12-14% with others reporting falls of greater than 15%. London city centre areas were at the centre of the UK property boom. Many felt a correction may have been needed here.
In any case other areas of the UK are not seeing the same pattern.
Continue reading Update on the Brexit effect on UK House prices
UK Commercial Property has had a torrid few years but it continue to emerge from the ashes and outperform everyone’s expectations.
Office space has seen a strong take-up in the second half of 2017. The commercial property sector smashed all expectations. But the performance of retail property was less positive following the worldwide trend caused by the change in peoples shopping habits.
Overall, the total return from UK commercial property in 2017 was 10.3 per cent.
This is outstripping even the most bullish of expectations.
Continue reading UK Commercial property beats all expectations but retail continues to lag
It is generally agreed that Brexit will have little or no effect on house prices within most of the UK.
Demand for houses has remained high; there are simply not enough houses and this inevitably means prices will continue to rise because the laws of supply and demand demand it (if you get my meaning!). If people were moving as a result of Brexit the situation may be different but evidence suggests very few are doing this. Continue reading Will Brexit effect house prices in the UK?
Buying a house, particularly in another country, can be daunting.
If you are interested in buying a house in the UK, then the first thing you will want to know is, if as a foreigner, you can actually buy a property. The answer is yes.
Now how does it actually work? Continue reading Buying a house in the UK – A step by step guide