Mark Parkinson of Middleton Advisors
“I think we can only stick to ‘knowns’ as we are now in uncharted territory. As far as our world is concerned British and non-European buyers’ decisions to buy are unlikely to be massively affected by Brexit in the long term- no-one yet knows how this will affect European buyers.
In terms of the UK prime housing market, we expect little or no effect on the country market as people tend to take a long term view when buying country houses. The prime London market depends on so many factors it is difficult to make a prediction. In the short term one of the main certainties is that trading levels are likely to drop off markedly as buyers ‘wait and see’ what happens.”