UK property market set to revive next year after Brexit

While Brexit may have subdued the UK housing market, but it has also created pent-up demand which is set to boost activity next year, it is suggested. Any degree of political or economic uncertainty means that buyers tend to sit on their hands, according to the latest report from land agents Aston Mead. ‘People with important and costly decisions to make tend to pause and reflect, waiting for a time when the outcome is more predictable. The ongoing machinations of the Brexit process for the last two years are no exception so it is little wonder that the property market has become increasingly subdued as time has gone on,’ said the firm’s land and planning director Richard Watkins.