The EU Referendum is coming: Is now the time to sell your property in Britain?
As Britain waits on tenterhooks to discover whether it remains in the EU or not, there's more than just the commercial product market and independent political gain to consider when it comes to the EU Referendum in the UK, the housing market could be affected too.
Considering whether to sell before or after the EU Referendum is one of the biggest decisions to hit the housing market yet, so what should you do? With uncertainty looming, and the in-out vote causing disruption between 2016/2017, one of the biggest concerns for domestic buyers is the liquidity shortage that could come with the lowering value of the sterling; which in all could contribute to a slowing house price growth, and the devaluation of property.
While other estate agents anticipate that a starvation of stock could potentially increase house prices, the whole market place is but a realm of 'ifs', 'buts' and 'maybes'; a sentiment that will not make the London property owner confident in the marketplace, or their property worth if Britain were to leave the EU. Potentially an irreversible issue, selling your South West London property now has the potential to cover backs in terms of wealth, and prevent troubles caused from a crash in the market, of which could render your property at a lesser value than you may have originally hoped for.
Getting ahead of the game appears to be one of the crucial points to consider when selling your property in the UK. Speaking to our Managing Director Colin Brown, he says: 'now is the perfect time to sell your property before the EU referendum in the summer which will create uncertainty in the housing market'. As the uncertainty of last year's election also proved, the market fluctuates, so be ready to get ahead of the curve.
So, what can we do for you here at Seymour Green as this uncertainty comes to a head? With expert advice from Estate Agents that know the South West London property market better than anyone else, we're here to make sure you make the decisions that are right for you before the upcoming referendum. Get in touch now to find out more.