Over the past month, it has been difficult to escape the political melodrama that Brexit has become. Regardless of whether one voted to remain or leave, the Government’s attempt to manage the UK’s withdrawal from the European Union (EU) has been fiercely criticised by Brexiters and Remainers.
While it was recently revealed that Theresa May would step down as Prime Minister if her deal is passed through Parliament, there are lingering questions over whether such a move will create greater unity and move Westminster out of its current stalemate.
The 2016 EU referendum signified the beginning of a new era in UK politics. From the outset, there were fears that the period leading up to Brexit would be a trying period for industries across the country, including property. Recent statistics, however, demonstrate the resilience of bricks and mortar as an asset class able to withstand economic and political turbulence.
For one, house prices have increased by an average of 7.17% since the EU referendum, according to the Office for National Statistics. This has been spearheaded by the surge in demand for houses in regional hotspots like Birmingham. Indeed, in the West Midlands house prices increased by 5.8% in 2018.
With house prices rising in many parts of the country and demand for property remaining strong, Market Financial Solutions has sought to find out just how Brexit has been impacting the investment strategies of buy-to-let investors. Surveying more than 500 property investors in the UK, MFS’ new infographic – Buy to Let Britain – provides timely insight into how they are manging their strategies as a result of Brexit.
Featured in Yahoo Finance, the research infographic will show you:
- How many investors have expanded their property portfolio since Brexit
- Whether investors have bought or sold more property since June 2016
- If investors are planning to change their investment strategy following the Brexit deadline