Folly over Brexit decision brings amount of buyers, sellers and prices down

December 13, 2018

Theresa May could not make the country look any weaker or foolish with her certainly doing her very best to bring about the slow clapping and jeering from across the EU waters as she stumbles (or break dances) in front of the army of EU elitists.

With this globally seen act of undemocracy from her and now from a majority of the MP’s behind her, England will certainly continue to see a decline in respect, trust, optimism and purpose which will of course reverberate out to the UK housing market. Maybe the likes of the Hollywood style market such as international investment or other super high level money transactions will almost certainly continue, the main infrastructure is already seeing a slowdown and in most cases a reduction. Maybe the likes of Manchester is still in boom mode, but we all know that the ripple effect always comes in to play with what is happening from the greater London area soon to be shared with the rest of the UK.

Brexit is now being seen as the main reason for the halt in escalating prices where even the likes of good old Dagenham which would have been the butt of many jokes re being the real east end Ford factory working drive force of London is seeing ex 2 bedroom council houses pushing past £300,000 as investors (not genuine home owners) fight over housing illegal immigration welcomed in by the current government and then continuously defying the rules and regs of UK property rental.

‘weakest UK housing market figures for six years‘ is the headline of the Daily Mail online blaming Brexit and the slowdown of interest in UK property.

Maybe it was always going to be time that the over inflated property prices were to be hit and tumble as our younger generation’s misery continues seeing that home they are dreaming of endlessly shoot ahead of their budget.

Brexit is a mess, but with the likes of the ‘yellow jacket’ movement initiated in France and spreading across Europe and many other countries opting for their own version of ‘Brexit’, we are certainly in for a big uprising of displeasure from the silent majority very soon as the only hope the rid the nation of Theresa May currently is the joke of Jeremy Corbyn as UKIP continues its erratic evolution as their nearest challenger.

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Bank Rate cuts boost optimism for 2025 despite Budget pause

Average new seller asking prices drop by 1.4% (-£5,366) this month to £366,592, a bigger fall than the usual, seasonal 0.8% drop seen at this time of year, likely due to pre- and post-Budget jitters However, despite the dampening effect of the Budget, market activity remains stronger than last year as Bank Rate falls: The…
Read More →
Breaking News

How to market to Estate Agents UK

The UK’s property sales and letting industry is quite sizable in both volume of work and those employed within. Some 25 million dwellings in England alone exist and there were estimated to be approximately 55,500 estate agents working in the United Kingdom as of the second quarter of 2024. Up and down the country, in…
Read More →
Letting Agent Talk

Preventative Measures to Reduce the Risk of Emergencies in a Rental Home

Ensuring that a rental home is safe and well-maintained is essential for both landlords and tenants. Emergencies in a rental property can lead to significant stress, financial loss, and potential damage. However, by implementing preventative measures, landlords and tenants alike can reduce the risk of emergencies and create a safer living environment. This guide provides…
Read More →
Estate Agent Talk

Understanding the Metrics Used by Estate Agents to Determine Your Home’s Worth

Determining the value of a property can sometimes feel like a complex process shrouded in mystery. However, understanding the various metrics and considerations that estate agents use to assess your home’s worth can demystify the process and empower you as a homeowner. This blog will provide a comprehensive guide to the key factors estate agents…
Read More →
Breaking News

Breaking Property News 15/11/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Digital transformation of real estate drives profitability Press Release – London 14th November 2024 – Following the October budget, estate agents across the UK are seeking new ways to adapt to an evolving property market. Rising costs and shifting buyer expectations have driven a need…
Read More →
Estate Agent Talk

Labour’s Vision for Homeowners and Renters: Key Changes to Expect

The UK housing market continues to be a complex and often challenging landscape for both homeowners and renters. Labour’s vision for housing reform aims to address longstanding issues in affordability, security, and sustainability, setting out a series of policy proposals that could reshape the property market. Whether you are a homeowner, a renter, or an…
Read More →