Brexit scaremongering won't change the will to move.
The National Association of Estate Agents has issued a report forecasting that house prices will go up whether the vote is yes or no – but at a slightly lower rate if the vote is to leave. It estimates that if the UK votes to remain in the EU, by 2018 the average UK home would cost £303,000. However, should the UK instead vote to leave the EU, average prices would stand at £300,800, a difference of £2,200. The difference would be more marked in London, at £7,500.
The report said the slower rate of growth in the event of a Brexit would be caused mainly by less investment in London, foreign companies relocating from the capital and reduced demand for commercial and residential properties. The report, compiled by the Centre for Economics and Business Research, found while a so-called Brexit could cause a labour shortage for house builders; it could help first-time buyers on to the property ladder through lower property prices.
There is nothing worse than indecision. Do you believe the “remainers” or the “ leavers”? The truth is, you, we, they don’t know, so why worry in advance. Now is a great time to place your property on the market. Mid spring with summer round the corner, plenty of buyers and prices steady. We have the team and the experience to “move you now”.
For a Free Valuation and a full Market Report, call today for an appointment without obligation. 01993 779020