A recent article in the NuWire Investor reports that the UK property market is well placed to cope with what may lie ahead as plans for Brexit are made. 

International investors are being attracted to the UK property market by the low value of the pound and are capitalising on the opportunity to purchase UK property, in turn helping to prop up the strength of the property market.  This continued investment, combined with the demand for housing and a strong tenant demand for private rentals, will keep the UK property market resilient against the forthcoming challenges of Brexit. Regional markets in particular will be best equipped as London is expected to take the brunt force of Brexit changes.

They report that there are currently no signs of ‘slowing’ in the regional markets with rents growing and properties continuing to attract tenants.  A report published by the Council of Mortgage Lenders on 14th March 2017 reveals that home buyers borrowed £8.4 billion in January, unchanged compared to January 2016, despite the Brexit vote.  Although there is uncertainty as to the future for the UK markets under Brexit, the property market still remains alive and kicking.

If you are looking to purchase a property within Altrincham, Hale or Wilmslow or any other region within the North West or the UK, then please get in touch with one of our experienced and specialist property solicitors in our Residential Conveyancing Department.  We are able to deal with all forms of residential transaction efficiently and will tailor our advice to your specific needs.

At Myerson we offer a prestige conveyancing service, providing the highest quality legal advice. Myerson are also accredited members of the Law Society Conveyancing Quality Scheme – the mark of excellence in the residential conveyancing process.

If you would like to speak to any of our specialist residential conveyancing solicitors please call us on 0161 941 4000 or email us at laywers@myerson.co.uk

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