Brexit effect on UK property: People renting longer, less confidence in traditionally stable market
Thanks to Asian cash, the London office market is Brexit proof
March 26, 2019UK banks approve fewest mortgages in six years as Brexit nears – UK Finance
March 26, 2019Brexit effect on UK property: People renting longer, less confidence in traditionally stable market
When uncertain, generally the rental market will be healthier
Head of research at LonRes, said people who would traditionally have sought to buy a home have been waiting — renting — to see how Brexit affects prices.
“People who would’ve been potential buyers have become tenants as well. They’re staying longer, so they’re not coming back to the market, we’ve also seen amount of new stock to rent has fallen,” Dixon said.
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