As 2019 gets underway and Brexit rumbles on, most of us would be delighted to get our hands on a crystal ball and see into the future. As far as the UK property market is concerned, it’s fair to say that it’s virtually impossible to make accurate and precise predictions for the year ahead.
But there is some good news. Whilst Brexit angst has proved to be a major factor for market sentiment in London, Property Journalist Marc Da Silva recently observed that there had been “pockets of resilience” across the north of England in 2018.
And looking ahead, house prices are forecast to rise strongly in northern England in the next five years, with the Guardian reporting a 21.6% increase for the north-west and a 17.6% increase for the north-east. Furthermore, Mark Peck argues that once the ramifications of Brexit become clearer “sales for the best in class of rural and village homes are likely to increase as suppressed demand returns to market.”
As Christmas celebrations come to an end and New Year’s Resolutions are made, one thing cannot be disputed: life goes on. To prove the point, Rightmove has revealed that it enjoyed over 25 million pages viewed on Boxing Day and a Daily Mail story suggested that over two million people trawled through multiple Rightmove listings that same day.
If you are dreaming of buying, selling or renting a property in 2019 and don’t wish to put your life on hold, the team at Finest Properties can help you to navigate these uncertain times and assist you in making a decision based on the things which you can control rather than those – such as Brexit – which you can’t.
We’d love to hear from you. Do give us a call on 01434 622234, pop into our Corbridge office for a chat or contact us online.Posted on Friday, 11th January, 2019