As one of the country’s leading bridging loan providers, Market Financial Solutions (MFS) has seen first-hand how homebuyers, investors and brokers have been managing the political and economic uncertainty brought on by Brexit. Thankfully, our provision of short-term finance and bridging loans has ensured property investors readily have access to capital needed to complete on real estate transactions.
Despite much speculation that Brexit would undermine the strength of bricks and mortar as an asset class, these claims have proven largely unfounded. While house prices in some parts of the UK have stagnated or dipped slightly, predictions that huge value would be wiped off residential property have not come to pass.
Based on the latest figures from 2018, between 70,000 and 85,000 property transactions are completed in England and Wales every month. What’s more, in September 2019 Halifax released new data showing that UK house prices had, in fact, increased by 1.8% year-on-year. These figures demonstrate that even amidst Brexit uncertainty, buyers have not been deterred from considering new real estate opportunities.
For those investing in residential properties – whether for rental yields or long-term capital growth – the question is, therefore: what represents an attractive asset? Or perhaps more pertinently, what types of houses and flats are likely to garner the most interest when an investor looks to sell the asset?
To help provide clarity and insight within the current climate of uncertainty, MFS is proud to announce the launch of a new report – The UK Homebuyer Wish List. Having surveyed more than 1,000 UK-based homebuyers and property investors, our new report uncovers the factors that matter most to people when hunting for a house or flat to buy, from size and location to local infrastructure and culture.
If you’d like to find out more about MFS’ bespoke bridging loans or intermediary incentives, be sure to arrange a meeting with one of our experienced business development managers by emailing: firstname.lastname@example.org.