The UK Property Market is Shrugging off Brexit Qualms

September 8, 2016

Fresh figures have revealed that the Brexit shadow of uncertainty that was cast over the UK property market has begun to lift. House price growth has risen 0.6% in August, allowing property values to upsurge to a new record high of a £206,145 national average. This spells promising news for anybody who has a property for sale.

Healthier prices are being achieved in the market, and sellers are being given assurances that valuations are holding their price tags. This combined with a shortage of properties for sale, it is widely regarded that the current market is a sellers’ one. A significant demand from buyers thinking of moving has meant that if you are considering selling your home, now is definitely a good time to act.

The traditional seasonal property market often sees an increase in activity when the school summer holidays have concluded. With schools expecting their students to arrive this week, it is likely that more buyers will be appearing on the market.

Josh Cousens – abbotFox

Image sourced from Flickr – Roger Blackwell 

 

Alex Evans

You May Also Enjoy

Breaking News

Gap between house prices and earnings narrows

Gap between house prices and earnings narrows – but higher borrowing costs limit affordability gains UK’s house price to income ratio falls from 7.6 to 7.3, an 11-year low, as earnings continue to outpace house price growth For first-time buyers, homes now cost less than six times earnings, falling from 6.1 to 5.9 However, monthly…
Read More →
Rightmove logo
Breaking News

New Scheme Could Double Solo Buyer New-Build Options

Your First Home could more than double new-build options for solo first-time buyers The number of available new-build homes in England affordable to an average single first-time buyer could more than double (+114%) under the new Your First Home scheme The maximum purchase price affordable to an average solo buyer could increase by nearly £49,000,…
Read More →
Breaking News

Annual house price growth halves in September

UK annual house price growth halved to 0.8% in September, from 1.6% in August Northern Ireland remained best performing region, with prices up 5.9% year on year in Q3 2026 East Anglia weakest performing region, with annual decline of 0.7% Terraced properties were the strongest performing property type, with a 1.8% rise, whilst flats remained…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

Homesellers say valuation appointment is key

Nearly nine in 10 home sellers say the valuation appointment is key when choosing an estate agent   The latest research from GetAgent.co.uk has revealed that the valuation appointment remains one of the most influential stages of the home selling journey, with almost nine in 10 sellers saying it played an important role when deciding which…
Read More →
Rightmove logo
Breaking News

London’s rental market bucks the national trend

New analysis from the UK’s largest property platform Rightmove reveals that rental demand in the capital is up 7% in September while Great Britain overall is 2% below last year Rental demand in London had been running around 7% below 2025 levels on average throughout 2026 until the end of August before moving into growth…
Read More →
Breaking News

Higher mortgage rates put buyers in the driving seat

Market conditions vary locally: three in four Scottish homes find a buyer within three months, compared with just three in ten in London   Mortgage rates now average 5.2 per cent, the highest level in three years, adding £150 a month (£1,800 a year) to typical repayments and further cooling buyer demand Homes for sale…
Read More →