Brexit Impact

Will Brexit have an impact on Seaford’s Property Market?

Love it or loathe it, or simply sick to the back teeth of it, Brexit got ‘done’ on Friday 31 st January.

But what impact will the UK leaving the European Union have on the property market in Seaford?

Like most long-term forecasts, no one knows for sure how things will pan out, especially when it comes to the housing market.

It would be disingenuous of us to suggest otherwise.

However, the immediate impact has been to see buyer confidence come flooding back.

The media have dubbed it the ‘Brexit Bounce.’

But what’s behind it and why?

Well, people are often inclined to avoid making decisions whenever possible.

Our minds seek out a reason not to do something especially when it will affect the status quo of our lives in a major way.

This is where The Brexit Factor came into play.

The housing market doesn’t like uncertainty – whether that’s political or financial.
The uncertainty over Brexit was a big factor in many people’s decision to hold off buying or selling a new home.

The ‘will we?’ ‘won’t we?’ questions have been answered. We now have clarity.
And we think that’s the main reason we’re seeing so much activity since the election on December 13.

There’s a lot more positivity around property in Seaford than there has been for a long time.

So, if you have been sitting on the fence about selling your home, now could be the ideal time to bounce off it and make your move ahead of the April rush.

Spring is the time when we traditionally see more homes come onto the market, meaning buyers have more choice.

If you want your property to stand out in a less congested marketplace give us a call now to discover how we would approach helping you.

Stephen and Andrew

Posted on November 26, 2020

  
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