Brexit does NOT mean the value of your property will decrease

Although prices on high-end property in London may have dropped over the last twelve months, average prices in the rest of the UK are still set to rise overall - according to Buy Association. The property advice website has also said that the drop in demand for luxury property in central London is also more likely to have been hit by the increase to stamp duty at the higher end of the market, rather than prompted by Brexit.

British building society Nationwide predicts the wider UK housing market will grow 2 percent in 2017, with low interest rates underpinning the high demand for homes.

To read more about what’s affecting UK property values, see this article in the Express

Charlotte