Brexit may actually be giving a major boost to the UK property market as per several studies and reports. Britain after Brexit is expected to be the major real estate investment hub for investors from Europe who are eyeing attractive bargains in this market which is the key reason behind rising demand. Britain in the Brexit regime is expected to be the key destination for realty investments from investors in Europe according to reports.
Leading realty portfolio managers and other industry experts have stated that the United Kingdom (UK) will be the topmost property investment destination for European investors. Prices have been stabilizing and coming down to lower levels in several prime real estate markets in the UK ever since the landmark Brexit vote in the year 2016.
Britain’s real estate is now perceived to be more affordable as compared to other global markets like Germany and France where returns have reduced significantly over the years. This market saturation and the overall effect of a weaker pound have made investing in Britain property an attractive proposition. Global buyers are now eyeing cheaper property investments in the UK and this factor should aid soaring realty growth in the near future. The UK property market is already quite stable and resilient in spite of sustained economic and political uncertainty after Brexit.
Property prices in the UK are now more attractive for European and other foreign investors and this trend is expected to continue throughout 2019 as per reports.