Could Brexit exodus create buying opportunities for UK property investors?

[Nicholas Wallwork]

Despite the fact that surveys and experts have confirmed little or no change in UK property markets, in light of the Brexit vote, the scare stories still circulate. We have even seen some politicians suggesting there will be a second referendum in the next two years despite the fact that the UK electorate have made

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[nmb]

One of the main problems for the UK property market is the growing number of investors taking a short-term view. If you sit back and look at the longer term picture, the UK economy will eventually move back to a growth path, the employment market will continue to strengthen and demand for property, whether outright purchase or rental, will remain.

 

[lookinginvest]

The UK economy will continue to grow, the employment market will continue to expand and a growing population means there will be continuous demand for property. There may be some short term volatility but in the longer term, what has really changed?

 

[PostBrexitInvestor]

At the moment there is a suggestion that Brexit is not having the kind of impact on the UK property market that many had expected. Whether further problems with the European economy will impact UK prices remains to be seen but for those willing to hold tight in the short to medium-term there could be some extremely attractive long-term buying opportunities. Will we see a drop in UK property prices and confidence once Article 50 has been activated?

Do many people still hope that Brexit can be avoided and the UK goes back to playing a full role within Europe? Are these people living in denial?