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The ‘Brexit Bounce’

The ‘Brexit Bounce’

Love it or loathe it, or simply sick to the back teeth of it, Brexit!

But what impact will the UK leaving the European Union have on the property market locally?

Like most long-term forecasts, no one knows with absolute certainty, how things will pan out, especially when it comes to the housing market.

It would be disingenuous of us to suggest otherwise.

However, the immediate impact since the General Election has been to see buyer confidence come flooding back. The media have dubbed it the ‘Boris / Brexit Bounce.’

And here’s why.

The housing market doesn’t like uncertainty – whether that’s political or financial.

And humans are often inclined to avoid making decisions if we can get away with it.

Our minds seek out a reason NOT to do something which might disturb the status quo of our lives.

Especially when things beyond our control seem ‘up in the air.’

The Brexit Factor

The uncertainty over Brexit was a big factor in many people’s decision to hold off buying or selling a home.

The ‘will we?’ ‘won’t we?’ questions have been answered. We have clarity.

That’s the main reason we’re seeing so much activity since the election on December 13. And it appears to be a nationwide trend.

There’s a lot more positivity around property locally than there has been for a long time.

So, if you have been sitting on the fence about selling your home, now could be the ideal time to bounce off it and make your move ahead of the traditional spring rush.

If you want your home to stand out in a less congested marketplace give us a call on 01276 539111 to discover how we can help you.

Remember folks caring is sharing so if you found this article interesting, please share it with a friend.

Whether you are selling, buying, letting or renting, we’re here to help. Call Jon and our team on 01276 539111 or email: enquiries@knightspropertyservices.com  for expert advice which is honest, accurate and informative.

If you’re looking to sell, book your free sales valuation now

If you’re looking to let, book your free lettings valuation now

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