Henry Pryor: “Political uncertainty will drastically affect housing”
Henry Pryor, a frequent commentator on the UK property market, has today been featured on the Express website sharing the mood that property prices are being effected due to current Brexit uncertainties. Are we leaving as per the democratic vote of 2016 or has the Prime Minister something else up her sleeve having her arm bent from the leaders of the EU?
In, out or shake it all about, whatever your views, we all know that the UK housing market is certainly not buoyant and that prices in many areas are falling – The days of valuing property way above what they are worth are over and estate agents are advising clients to set the price at a realistic amount or for listings sitting around then reductions may be the way forward.
Mr Pryor: “If you are looking to buy a house in Q1 you will have the market to yourself.”
&
“I suspect if you ring up an estate agent and ask them if you can go and see one of their properties they will probably send a stretched limousine to pick you up.”
I love Henry’s comment here as I should send him some information, out of three property I have viewed recently and being in a position with a big cash deposit and no chain, I have not heard back from two estate agents despite follow up emails! I have simply driven back to vendor and spoken directly! But yes I do agree – The market appears to be desperate for buyers.
A very key comment from Henry was if you would be prepared to make an offer during Q1 2019 and in deed stick to it depending what happen on March 29th? I, as a buyer, am certainly thinking that myself!
Read the fall story here.
You May Also Enjoy
Bank of England Hold’s Interest Rates at 4%
England’s south coast sees highest rent increase in UK
Fewer than 1 in 5 homebuyers find their perfect property
Average homebuyer travels 330 miles to find their ideal property
Why first-time buyers should start the financial conversation early
