RWinvest Brexit Guide

Brexit and The UK Property Market

After four years of negotiations and planning, the UK’s long-awaited exit from the EU has happened.

On the 31^st of December 2020, the UK entered a brave new world as a fully independent country.

A lot has happened to the property market since the 2016 referendum.

With the Covid-19 pandemic’s added pressures, you may be unsure what has happened to the market, and indeed what will happen over the coming years.

Before the EU referendum in June 2016, if Britain chose to leave the European Union, an abundance of media outlets warned the public of a ‘post-Brexit apocalypse.’

While uncertainty arose around Britain as to whether the UK property market was set to dwindle rapidly, negativity began to circulate surrounding the country’s future and its associated economy.

Overall, the public began to question Brexit’s economic impact and feared the worst for their bank balances.

Five years on though, and we now have a much clearer picture of how the economy has acted since the referendum vote.

Brexit made significant progress with the implementation of a transition period and ongoing trade negotiations in early 2020, with the UK’s exit confirmed in the new year.

We can now more easily predict and understand what is likely to happen over the coming years following this vote of a lifetime.

Inevitably, some areas of the economy have suffered due to the vote, with the pound falling in value.

However, no one could have guessed how well the property market has dealt with the Brexit vote.

The market has reached new heights and has remained unhindered by Britain’s exit from the European Union.

Our detailed Brexit guide has been specifically crafted to provide a thorough response to the common speculations surrounding Britain’s departure.

Property investment is flourishing and gaining in prosperity, proving that UK property stands resilient in the face of what was deemed economic turmoil.

Our in-depth guide highlights statistical evidence to illustrate Brexit’s impact on the UK property market and the economy.

Through using current data, RWinvest has aimed to draw attention to the UK’s property performance since 2016 and look forward to what could happen in 2021 and beyond.

Not only will we look at the impact of Brexit, but our analysis will also evaluate the current property market climate to help identify the best places to invest in property post Brexit.