Buyers Undeterred by Looming Brexit Deadline | EU Referendum

Buyers Undeterred by Looming Brexit Deadline

Rightmove data has shown that the summer market is proving to be a bustling hotbed for buyers undeterred by the Brexit deadline.

In fact, it seems that the uncertainty of Brexit has proved to be a good time of year to purchase property, due to the decline in competition from other buyers.

Rightmove’s property expert Miles Shipside said: “More buyers have cottoned on to the fact that it can be a good time of year to buy, with less competition from other buyers, and sellers typically more willing to accept a lower price.

“Whilst another approaching Brexit deadline is now nothing new for prospective buyers, this one may seem more definite, and therefore one to beat, with the Government regarding this one as ‘do or die’.

“While the end of October Brexit outcome remains uncertain, more buyers are now going for the certainty of doing a deal, with some having perhaps hesitated earlier in the year.”

Whilst this still doesn’t sell many on the idea, there are still some fantastic opportunities to be had regardless of the Brexit outcome. A prime example of this can be our very own SkyLet service, with a number of our developments currently offering over 10% NET returns. These returns are consistent due to the location and demand, and here at Flambard Williams, we believe by having the right knowledge, you are able to maximise your funds despite the recent political announcements.

Thinking about investing in property? Book your free consultation with one of our experts today for more information and let us help to connect you to your property aspirations. Alternatively, you can contact us here and we’ll be in touch at a time suited to you.

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