New Build Property in the Brexit Era
There’s no doubt that Brexit has caused uncertainty across the UK property market. While some investors are happy to continue investing based on successful past performance, some have taken a more ‘wait-and-see’ approach. However, despite the warnings, the UK economy and the property market have continued to hit new heights. The national GDP grew by 1.8% in 2017 and regional property prices around the country have continued to flourish – Birmingham, for example, has risen by 16% since 2016 and is forecasting further growth by 2022. New-build property is becoming increasingly popular for investors compared to traditional existing stock, demonstrated by 75% of respondents to a recent survey, by FJP Investment, praising the modern features associated with new-builds. In the same way that new-build properties have always been a popular asset type, the UK market has historically been a popular... [Read More]
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