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

Estate Agent Talk

Why Estate Agencies Need a Scalable Finance Function to Support Growth

Estate agency growth rarely comes from simply opening up additional branches. It comes from the work you do behind the scenes once those branches start generating real volume. With so much going on, your finance department is usually the last to scale, and that’s exactly why it becomes the bottleneck. Growth exposes the cracks in…
Read More
can you drink tap water
Breaking News

Five heatwave home horrors that could stop your property from selling

The latest research from House Buyer Bureau has revealed the heatwave-related issues most likely to deter potential homebuyers during a viewing, with strong smells from drains and sewage ranking as the biggest turn-off, followed by excessive noise when windows are open and bad smells from bins or rubbish. House Buyer Bureau commissioned an independent survey of…
Read More
Surge in country and seaside property values
Breaking News

Air-conditioning searches double as 61% consider installing it

Searches for homes for sale on Rightmove with air conditioning have more than doubled this summer, up 104% compared with the same period last year New consumer research from Rightmove, the UK’s largest property platform, reveals that recent heatwaves are influencing how Brits think about their homes, with staying cool becoming a key priority: 61%…
Read More
Estate Agent Talk

Why Cases Stall in Summer and What Agents Can Do About It

By Cara Stanbridge, Head of Relationship Management at Nova Conveyancing Every year, we hear talk of the summer slowdown. But from what I see working closely with agents, conveyancers and clients, the issue isn’t usually a lack of activity. More often, it’s keeping transactions moving when everyone involved is juggling higher workloads, holidays and competing…
Read More
small house bird box
Breaking News

Britain’s property hotspots revealed

The Scottish city where houses sell fastest – and the town where it takes SIX TIMES as long to sell your home Homes in Glasgow sell three times faster than the UK average – making the Scottish city the fastest selling in Britain Wakefield is the slowest-selling city in Britain, with homes spending twice as…
Read More
Breaking News

Breaking Property News 13/8/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The average age of tenants living in shared houses in the UK is now 35   Thought leadership by Adam Pigott CEO of tlyfe (Openbrix)   “The headline figure that tenants are now in their mid 30’s and still have to share facilities, not even have the…
Read More