The UK Property Market is Shrugging off Brexit Qualms

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

Households facing £114 council tax increase

The latest research from eXp UK shows that the average household could see their council tax increase by £114 over the next year following increases of up to £986 over the past ten years. At the beginning of April, the majority of local councils are expected to put council tax up by 4.99% – the…
Read More
Breaking News

UK House Price Index for January 2025

The latest index shows that: The average monthly rate of house price growth in January was -0.3%. Average UK house price annual inflation was 1.3% in the 12 months to January 2025. As a result, the average UK house price currently sits at £268,000.   Here are some thoughts from the Industry.   Damien Jefferies,…
Read More
Breaking News

Exchange time reaches 135 days

Property transactions slow as exchange time reaches 135 days — up 45% on 2019 The time it takes to exchange contracts has risen to 135 days — 45% longer than in 2019 and 3% higher than last year — despite a drop in property transactions year-on-year, it emerged today. Novus Strategy, the transformation consultancy for…
Read More
Breaking News

Industry response to latest inflation figures and its impact on housing

Industry response to UK inflation remaining at 3%. Nathan Emerson, CEO of Propertymark, comments: “Although inflation has remained steady since last month, it is important to acknowledge geopolitical tensions moving forward, and the effect such pressures may have on many households over the coming months. “Today’s news should help bring a measured sense of consistency…
Read More
Breaking News

Foxtons Lettings Market Index – February 2026

Seasonal recovery as improved supply and demand indicates a return of market momentum   Lettings market is showing signs of seasonal recovery as we see market activity picking up, with February performance indicating that momentum is returning following a usually quieter winter period. Renter budgets remained broadly stable, averaging £540 per week year to date…
Read More
to let sign 2025
Letting Agent Talk

The best time to list a rental property in London revealed

Lettings experts at Kinleigh Folkard & Hayward reveal the best time to list a rental property in London to get twice as many enquiries Spring is a natural reset for our homes with a light refresh going a long way to help us feel rejuvenated. A quick coat of paint where walls look tired, fresh…
Read More