The property market in England and Wales is the positive Outlook for the next 5 years

So, the UK General election behind them and the result is likely to be positive for the market both residential and commercial properties. The UK economy is sensitive to political changes, has experienced a significant slowdown ahead of elections. Now, when the authorities left, the conservatives, will be continued they started reforms and we will see strong steps towards economic recovery. These measures for improvement would relate, of course , and all areas of the real estate market.

However, good of the nationalists in Scotland can cause the mood of uncertainty in the Northern part of the UK.

The nationalists of Scotland can once again initiate a referendum on Scottish independence. A referendum on Britain’s membership in the European Union will add to the uncertainties even more.

If the referendum on Scottish independence in 2014 was able to significantly slow the real estate market in the North of the country, the referendum about leaving the EU will have even greater influence over the entire Kingdom.

All of these risks, of course, will affect the real estate market of UK, but can’t rip it, because the market is very strong.

A feature of the UK property market is the imbalance of supply and demand. In the UK there is a significant lack of real estate. If this trend continues, and the Pound sterling falls in value against the dollar and the Euro will be demand from foreign investors. But inflation eventually will lead to the fact that the Bank of England will be forced to raise interest rates.

Over the next five years of the UK property market will also be sensitive to political changes, but not to the same extent as before the election in may 2015. First of all, investors ‘ concerns can cause surges in the Pound, which can occur after a referendum on leaving the EU.

In General, the best outcome for the housing market in the UK is difficult even to imagine. The economic situation is favourable, with low unemployment, steady growth, low interest rates, low inflation and high interest of foreign investors to the property market in the UK – all great signs for a good property market for England and Wales for the next few years. Strengthening the national party in Scotland and the risk of new separatist sentiment in Scotland likely to cause nervousness of investors in respect of the property market in Scotland.

® Alice Morgan. G. 15.05.2015

 More than 325 % over two years has earned our clients

In the UK, reduced Stamp duty

Entrepreneur visa. Tier 1(Entrepreneur)

The Index Of The Land Registry

Index LSL Property Services Acadametrics

Index Nationwide

Price indices for UK property

LEAVE APPLICATION FOR SELECTION OF REAL ESTATE

Why buyers from Russia should not fear sanctions