Will the EU without Britain affect house prices in Britain

Thrugelmir

lisyloo wrote: »

Do many Europeans buy property in the uk?
I’m aware of the Russians, Chinese, Malaysians but not aware of the Europeans and I’m quite near the Cotswolds (very picturesque
)

Lots of house conversions into HMO's around here. Work done inhouse so to speak.

kinger101

I understand each of the single words you've used, but can make no sense of what you've written. Would someone more fluent in gibberish please translate for me?

gfplux

lisyloo wrote: »

Do many Europeans buy property in the uk?
I’m aware of the Russians, Chinese, Malaysians but not aware of the Europeans and I’m quite near the Cotswolds (very picturesque
)

That’s an interesting question. If not why not?
I wonder if there are any statistics to be found.

Now you ask the question I suppose since the introduction of the Euro any one with euros has so many places to buy a holiday/investment property without worrying about currency movements.
With Britain out of the EU there will be a further reason to look elsewhere.

Not to worry the Chinese, Russians and Malays have lots of money although they probably concentrate on London and the South East or do they buy in the Cotswolds?

Fran_Klee

gfplux wrote: »

That’s an interesting question. If not why not?
I wonder if there are any statistics to be found.

Now you ask the question I suppose since the introduction of the Euro any one with euros has so many places to buy a holiday/investment property without worrying about currency movements.
With Britain out of the EU there will be a further reason to look elsewhere.

Not to worry the Chinese, Russians and Malays have lots of money although they probably concentrate on London and the South East or do they buy in the Cotswolds?

You're ignoring the bigger picture.
Why do all these investors buy here (in preference to EU countries) when UK prices are already so high according to many?
The clue lies in the name given to these buyers : investors.

The pro-remain mob hate this I know but for the rest of the world the UK remains a great place in which to invest their money, Brexit or not.

gfplux

Fran_Klee wrote: »

You're ignoring the bigger picture.
Why do all these investors buy here (in preference to EU countries) when UK prices are already so high according to many?
The clue lies in the name given to these buyers : investors.

The pro-remain mob hate this I know but for the rest of the world the UK remains a great place in which to invest their money, Brexit or not.

Sadly you are ignoring all the Russians, former Russians, other Eastern block, Chinese, Malaysians and EU7 citizens investing in property in the EU.
It’s called having a balanced property portfolio.

The puzzle is to determine if leaving the EU and having a weaker currency investors will see there are more or less investment opportunities in the UK.

We know American investors like Britain’s industry as the £4bn takeover of UK defence and aerospace company Cobham by a US private equity firm shows. However that does not effect house prices.......does it?

unforeseen

We know American investors like Britain’s industry as the £4bn takeover of UK defence and aerospace company Cobham by a US private equity firm shows

Don't you mean sellout by the greedy shareholders? I don't think it was a hostile takeover.

sevenhills

gfplux wrote: »

That’s an interesting question. If not why not?
I wonder if there are any statistics to be found.

We can only know the answer to this question when we know what type of deal we are going for. Its been over 3 years and we still dont know yet.
Some are saying a very quick deal and some say that means it could lead to no-deal. So we havnt a clue what the terms of leaving will be.

MiserlyMartin

triathlon wrote: »

Well lets hope you are right, because they are not going to get what they hoped for. But I know for a fact you are way off. For many it was a way to to get "them" to go home where they came from, nasty little racists

Wake up call for you, that was not the reason people voted to leave, backed up by 3 more votes to leave but carry on thinking that if you want to stay bitter and racist yourself.

lisyloo

sevenhills wrote: »

We can only know the answer to this question when we know what type of deal we are going for. Its been over 3 years and we still dont know yet.
Some are saying a very quick deal and some say that means it could lead to no-deal. So we havnt a clue what the terms of leaving will be.

Correct however the markets appear to think that doing something is better than the previous paralysis or worst case predictions.

My s&s isa and pensions are doing amazing right now.
Clearly housing is much less liquid but it implies confidence is improving.

Personally I think the markets priced in too much doom and gloom but whatever the evidence is that there is a wall of investment and there’s no reason why that shouldn’t also affect property albeit more slowly.

Tromking

Much gnashing of teeth in Paris as France’s debt to gdp ratio edges over 100%.