Brexit and the Housing Market

The most recent Royal Institute Chartered Surveyors Residential Market Survey has suggested that Brexit is playing a role in “subdued market activity”.

RICS noted that almost 50% of respondents stated that Brexit was having an impact on the housing market. However, RICS has also found that there has been "solid price growth" in Scotland. This echoes the findings discussed by us last month, showing that the average house price in Scotland has increased.

While Brexit and the political uncertainty surrounding it are definitely having an impact on the market, it is not simple to understand exactly what this impact is. Regional variations are significant, and it is important that you speak to someone with strong knowledge of the local market when seeking advice.

As both a buyer and a seller it can be challenging to know how to proceed in these uncertain times. However, as expert property solicitors and estate agents, we have a strong understanding of the local market. We can help you promote your home to the right demographic, ensuring you get the best possible price. We are here to share our knowledge and support you throughout.

Contact our Property Lawyers, Glasgow

If you need expert legal advice on property law in Scotland, do not delay and speak with one of our dedicated team today. We are on hand to guide you through the process, making a challenging procedure as simple as possible for you.

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