The results are in from the BREXIT vote and the decision has been made to the leave the European Union, we are all facing uncertain times ahead with the UK’s economy overall.
The decision to leave have left the immediate prospects for the UK housing market looking very uncertain. Many property experts are predicting an immediate fall in both house turnover and a rapid slowdown in house price growth. This will probably be a short term impact as buyers adopt a wait and see policy.
At this point, all predictions are speculative and no one really knows what the long term outcome will be for the UK property market. However, we can almost be certain that in uncertain times, people generally don’t want to make big financial decisions (like buying a property) until a clear strategy has been put in place the long term outcome is clearer. Until then, it’s a waiting game!
If you currently a property for sale and still want to move despite the Brexit outcome, talk to Quick Move Now today! Quick Move Now are still buying properties and could directly purchase yours in as little as 7 days!