Brexit Views of Sales Director Mark Worrall

Well we are OUT!
Inevitably you will be reading this because you want to know what will happen to house prices and whilst uncertainty in the market is likely to create waves I don’t expect the response to be either drastic or long term. Properties available for sale are at unprecedented low levels and this simple supply shortage should ensure that prices in the local area remain strong.

The Bank of England have said they will do what is required to support the economy if needed and this could well mean a reduction in interest rates.

If you are thinking of moving home in the near future now is still a good time to sell with a distinct lack of competition in most areas of the market.

It is also possible that investors might start to look outside of the capital for their returns and could start looking up north for greater value and less risk, if that’s the case then Brexit will just be a speed bump and not the road block some are predicting.
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About us

MovingWorks have been established in Longton since 2000

MovingWorks now have offices in Longton and Burscough with Personal Property Consultants covering Preston, Chorley, Leyland and Bamber Bridge.

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Address : 4 Bridge Court
Little Hoole, Preston PR4 5BF
Phone : 01772 615550