It’s already been a year since our last post on Brexit and not much has changed. There is still a sense of uncertainty around how it will affect the housing market and self storage as well. There’s no denying that some sellers have been waiting with bated breath with hopes of a higher post-Brexit price. Other buyers have been reluctant to purchase due to fears that the prices may drop in the event of a no-deal.
While many people solely blame Brexit, there may be more to it than that. There has been a cause of concern about the UK housing market since the 2008 crash and we haven’t seen a noticeable increase in transactions since. With Boris Johnson replacing Theresa May as Prime Minister, could we see a shift in momentum or is it too soon to tell?Continue reading