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.

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

how to present your property for sale
Breaking News

Property values hit £300k for first time

The latest Halifax House Price Index for January 2025. On a monthly basis, house prices increased by 0.7% between December and January, reversing the decline of -0.5% seen between November and December of last year.   Annually, house prices were up 1% versus this time last year, with this annual rate of growth accelerating when…
Read More
Breaking News

Average UK house price rises at the start of 2026

• House prices increased by +0.7% in January, following a -0.5% fall in December • Average property price is now £300,077, rising above £300k for the first time • Annual growth at +1.0%, up from +0.4% in December • Regional differences in house price performance have become more pronounced   Amanda Bryden, Head of Mortgages,…
Read More
Estate Agent Talk

London basements boost value by up to 20%

The latest market analysis by prime London property brokerage, Jefferies London, reveals that London homebuyers who want to secure a property with a basement face a tough task. Not only do these much sought-after spaces increase a property’s value by up to 20%, but they’re also incredibly rare, found in only 2% of the capital’s…
Read More
Breaking News

Bailey applies the brakes but ‘two more 2026 cuts priced in’

Vote to hold rates ‘closer than expected’ as Bank of England eyes April for 2% inflation target Focus turns to US and Japan in impact they play on shape of global investment flows says Rathbones’ Head of Market Analysis Kirsten Pettigrew, Senior Financial Planner, warns of making financial decisions based on speculation around rate trajectories…
Read More
bank of england interest rate
Breaking News

Bank of England to hold interest rates at 3.75%

Following the Bank of England’s decision to hold interest rates at 3.75%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgages expert says: “Today’s Bank Rate hold was widely expected given underlying inflation and wage growth data, and it’s currently likely we’ll see the next Bank Rate cut in June. Average mortgage rates…
Read More
Breaking News

Building Safety Approval Process Urgently Needs Fixing

Bradley Lay, a Leading Construction M&A Expert Calls on Government to Urgently Fix Building Safety Approval Process as Insolvencies Surge A leading UK construction expert has called on the Government to urgently reassess the Building Safety Regulator (BSR) approval process, warning that delays in the current system are “slowly killing the economy”, triggering thousands of…
Read More