Yes, house prices may dip a little as a result of the unknown and we all expect this. The past few years have shown us how prone prices are to fluctuation in both directions. Yes, it may take a little time for the dust to settle. But settle it will. And the housing market will be there just as strong and just as successful, when it does. History has shown the UK housing market is one of the strongest in the world and in the long term has always returned a profit. This is a market that has gone through – and survived – one of the worst financial meltdowns there ever was. We have already faced difficult times. The buy-to-let sector is currently facing even more challenges, which will have much harsher consequences than Brexit will. But the industry is facing them head-on as always. So, however you voted, let’s now come together as a market and focus on the future. The housing market may wobble but it will bounce back. There are no doubt hard times ahead but the consensus of opinion amongst landlords is to stay strong and react in a positive manner. One thing is for sure the British always fight back when challenged and this seems to be the case right now. Can we help? If you are looking for a new or re-mortgage please do contact one of our fully qualified advisors who will be happy to assist.
