Category: Brexit & UK Property

UK Property & Brexit – Get Your Free Guide

As the Brexit transition period ends, how will the UK’s departure from the EU impact the UK property market? Find out more with our free guide. Summary: The transition period for the UK’s withdrawal from the European Union ended on 31st December 2020 From 1st January 2021, the UK will trade with the Bloc as per the terms of a post-trade deal agreed in December Download Select Property Group’s latest guide on UK property investment post-Brexit   What impact will the UK’s new relationship with the European Union (EU) have...

UK No.1 For Future Residential Property Investment in 2021?

A survey of global property investors suggests the UK will be Europe's most sought-after destination for residential property investment in 2021. Summary: One-third of all planned investment into European residential real estate in 2021 will be made in the UK Survey of high-net-worth investors and asset managers in Europe, the US and China has found the UK as the preferred European investment destination The continued appeal of UK real estate post-Brexit further underlines the sector’s strength and long-term investment fundamentals   It’s an asset that’s resilient in the face of...

UK Property Prices Surge at Fastest Rate for 2 Years

Following the UK general election and Brexit deadline, increased activity in the market is signalling strong investor confidence at the start of 2020. Summary: Annual property price growth in the UK rose to 4.1% in January 2020, the highest rate of growth recorded since February 2018 Prices in January increased by 0.4% month-on-month, with market commentators attributing the growth to a ‘Boris bounce’ following the UK’s general election and EU withdrawal Increased activity in the market underlines the rising level of confidence amongst buyers and investors   It’s been a...

UK Property & Brexit: What Happens After 31st January 2020?

With the UK no longer a member of the European Union, here's an overview of what happens next - and what UK property investors need to know. It’s official – the UK will no longer be a member of the European Union (EU) after today. Three-and-half-years after the 2016 referendum, in which a majority of the British electorate voted to leave the EU, the UK’s membership of the now 27-member state union will cease at 11pm GMT on Friday 31st January 2020. So, what happens next? And what does Brexit...

Property Investment & UK General Election 2019 – Reaction

The Conservatives have won a large majority at the UK general election. With Boris Johnson elected prime minister, here’s what property investors need to know. What’s happened? The UK general election, held on Thursday 12th December 2019, has resulted in a majority victory for the Conservative party. Boris Johnson has been elected as prime minister. With 365 Conservative MPs elected, Mr Johnson now has a majority in the House of Commons of 80. He hopes this will help him to pass more of his party’s pledges through Parliament. Following the result, the...

Property Investors in UK Make Their Move as Pound Falls Sharply

UK property investment just got even more affordable for overseas investors, as the pound dropped to a 28-month low against the dollar following the renewed possibility of a no-deal Brexit. Find out what this means for you – and why now is a good time to invest. Summary: Sterling dropped to a 28-month low against the dollar on Monday (29th July 2019), with experts stating more falls could be on their way It came as the new UK government, led by Boris Johnson, made it clear that they are actively preparing...

UK Property Remains Attractive Despite Brexit Concerns, New Research Finds

Despite wider economic uncertainty caused by Brexit, a new survey suggests that investors are not shying away from the UK’s property market and won’t be changing their investment motives. Summary: New research suggests that the majority of British property investors have not let Brexit impact their investment decisions Market Financial Solutions say that “Brexit-fatigue” has not affected real estate as an investment The increase in population in northern UK cities continues to push prices up for purpose-built student accommodation and modern purpose-built residential rental property   57% of British property investors...