Who’s afraid of the Big Bad Brexit?

Having had such a successful 2018 I thought we best address the elephant in the room that is Brexit. With 29th March 2019 looming towards us and the future of Brexit still uncertain (certainly at the time of writing and probably more so on publication) more and more people are asking us what effect we think Brexit will have on the housing market.

Unfortunately none of us have a crystal ball and the condition of the market in the second quarter of 2019 is unclear. What we do know however is that, up to this point, the property market has been buoyant and sales levels for the last 6 months have exceeded anything that we could have hoped for. Having been responsible for 22% of all sales agreed across the whole of South Cumbria means that we have been by far the most successful agent within the last 6 months. As a company, and as a region, we are happy to report that there has not been a better time to sell your property in the recent past than right now.

I’m sure that there will be plenty of scaremongering and reports on how the property market is fluctuating in activity. However, these reports are fuelled by more volatile markets than our own. Markets such as London, which is heavily influenced by outside investment, will undoubtable have a knee jerk reaction to whatever the outcome of Brexit is.

We are confident that, although there may be some trepidation, the property market will continue apace. Active markets are built on confidence and with an average sale agreed to marketing price of 97% throughout the company for the last year there has been a marked trend of successful sales and market confidence.

To take advantage of the continued success in the South Cumbria property market just contact our offices for a free appraisal or just a chat about the market in general.

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Poole Townsend solicitors Ltd (Company no:10964550) is a company registered in England and Wales with its registered office at 69-75 Duke Street, Barrow in Furness, LA14 1RP. A list of directors is available at the registered office address. Authorised and regulated by the Solicitors Regulation Authority number 647087. We are independent financial advisers authorised and regulated by the Financial Conduct Authority. VAT registration number :154365563

Poole Townsend Estates Ltd. (Company No: 10960705) is a company registered in England and Wales with its registered office at 69-75 Duke Street, Barrow in Furness LA14 1RP. A list of directors is available at the registered office address. Regulated by the Council of Licensed Conveyancers to provide Conveyancing services. (Firm no: 3438) VAT registration number 288092466. Our Estate Agency is a member of the Property Ombudsman scheme.

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