18 Aug

What does BREXIT mean for the local property market?

What does BREXIT mean for the local property market?

Despite all of the doom and gloom prophecies, the local market has continued strongly. At Red House we have experienced normal (if not higher than normal) interest in both sales and lettings properties for this time of year.

On the sales side, in the lower price ranges (sub £190,000), we have seen lower than normal levels of property being offered for sale since the start of the year and this has helped to underpin property prices; prices now are certainly higher than they were in January.

Supply of new lettings properties to the market has also been slow, resulting in many quick lets being achieved when property is offered.

If you are contemplating selling or letting your property this summer and would like some expert advice on the current market conditions, call our office today for your free, up-to-date market appraisal – with no obligation.

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