British Public Choose to Leave the EU. What Does This Mean for Property Investors?
An Opportunity for Overseas Investors to Take Advantage of the Pound Sterling’s Short Term Weakness
The pound sterling has been strong and stable currency. There is an opportunity for overseas property investors to take advantage of the short-term weakness in the wake of the EU Referendum result. The pound sterling has devalued relative to other currencies but the long term fundamentals are still true: The U.K conducts most of the financial transactions between the USA and Europe. The is no reason why this would not continue. Additionally, the U.K and England in particular have a safe political environment. If overseas investor purchase property during this period of uncertainty it is cheaper in relative terms and the GBP could rebound thereby leading to a quick appreciation and profit for the investor.
Britain Leaving the EU Means Less Competition in the Property Market
There has been much speculation as to how a vote to leave would affect investors and the property market in the UK. Ratings agency Moody’s reported that Brexit would affect London’s housing market the most, as there would be fewer sales to EU nationals which means less competition and subsequently lower house prices. This is good news for potential investors, who can take advantage of falling property prices. Although there may be fewer sales to EU nationals, the UK will no longer be bound by EU regulations of property investing and sales, which could be beneficial to potential investors.
Brexit Means Lower Interest Rates on Mortgages
Economists have argued that interest rates should be set to fall, as the Bank of England tries to stimulate the economy. This is welcome news to anyone looking to take out a mortgage on a property, and even in the run up to the referendum five and ten year fixed-rate mortgages have been at their lowest ever level.
How Will the Leave Vote Affect Student Accommodation?
On the whole, the demand for purpose built student accommodation should not be so affected by the Brexit vote. Although some EU students may be dissuaded from studying in the UK following the result in the fear that they’d be charged the same fee as an international student, EU students account for just 6% of full time students studying in the UK. Furthermore, it’s not entirely clear whether universities will charge EU students a higher fee, UCL has one of the highest number of EU students studying with it and has already announced that it will not raise fees for EU students.
Individuals looking to invest can now take advantage of the economic uncertainty caused by the “Leave” vote, including lower interest rates on mortgages, less competition and potentially more favourable UK property investment regulations.
We are a property investment company that sources investment rental property including student accommodation investments, high yield property such as hotel rooms and buy-to-let investments for people looking for income producing investments.
We are approachable and informed. Unlike many other property investment companies, we love sharing our expert knowledge to help you take empowering decisions with confidence and ease. Our property specialists have been in business for at least a decade and have a wealth of information to share, whether you’re a first time investor or a property connoisseur.
At One Touch we have an extensive portfolio of property opportunities and well‐researched investments that provide you with the safety and protection you need to reach your lifestyle and financial goals.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release British Public Choose to Leave the EU. What Does This Mean for Property Investors? here
News-ID: 346226 • Views: …
More Releases from One Touch Property
Invest in Liverpool’s Most Exciting District
Liverpool is renowned for having a thriving rental market that is ideal for investors due to low house prices. Individuals can achieve some of the highest rental yields in this north west English city and with the fastest growing economy outside of London, it is predicted to attract more young professionals who will require somewhere to stay. The L3 district of Liverpool is regenerating, and investors are starting to take notice.
Exciting New Property Investment Nottinghamshire - Flexible Payment Plan
An exciting development in Mansfield due for completion in 2018 is now available for investment. Kings Mill sits in Mansfield, a thriving market town in Nottinghamshire. With Nottingham, Derby and Sheffield being within easy reach of the town, it has proven popular with students, commuters and families alike. Kings Mill is located just a mile from Mansfield’s town centre, and has easy access to the M1, major cities in the
The regeneration of Manchester throughout the years
Manchester grew its population by 19% between 2000 – 2011. What regeneration projects have been driving the boom in population and jobs in the city? NOMA, Spinningfields, Ardwick. To name but a few projects in the regeneration of Manchester. It’s safe to say that Manchester has experienced its fair share of regeneration in the past decade or so. We explore how the face of Manchester has changed, and what’s in store
More Releases for Leave
Leave That Life and Move Abroad
Walnut, CA - 28 Jul 2018 - Moving abroad is an enriching, once in a lifetime opportunity that everyone should experience. Unfortunately, moving abroad is seen as something beyond most people’s realms until they find out just how easy it is by following a few simple steps. In fact, BeAForeigner.com offers all the help that you need to accomplish the move of your dreams. First, BeAForeigner will help you find employment
Horst Eckenberger to leave primion
CEO since 2012 / implemented important strategies Stetten a.k.M., 23rd January 2018. The Executive Board and the Supervisory Board of the primion Group have informed the staff that CEO Horst Eckenberger has not extended his contract. He will leave the company when his current contract expires at the end of February 2018. Supervisory Board member Eduardo Unzu Martinez: “Mr Eckenberger has decided to take this step for personal and family reasons. During
Jakob A. Mosser to leave Schur Flexibles
Baden, July 5, 2017. Jakob A. Mosser is to leave the Schur Flexibles Group. Mosser founded the company in 2012 and has managed the company as Chief Executive Officer since that time. Following the company’s successful expansion, he provided support last year in the sale of the company to private equity investor Lindsay Goldberg. The company now intends to focus more strongly on organic and value-based growth. “We thank Jakob
"Leave nothing to chance"
The Paulaner brewery in Munich has completely renovated one of its returnable lines. HEUFT has brought the whole area between the washing machine and the filler up to date with the latest technological developments within the framework of this major project. With success: the equipment which has been installed ensures a dynamic, harmonious and quiet container transport as well as a supply of empty bottles which are
Corruption should leave India says Sri Sri
"Fight corruption with truth and non-violent means, we have to come together to root out corruption from India”, Sri Sri Ravi Shankar told a large gathering of youth, who had assembled at the Art of Living International Center for the Yuva Jagruti Sammelan. The youth, he said, have an important role to play in combating corruption, "The youth have to bring a wave of transformation. We need to stand strong against
Ulrich Weber To Leave Evonik’s Management Board
At the end of the month, Ulrich Weber, member of Evonik’s Executive Board and chief officer responsible for human resources and labor relations, will leave the company before his term ends. Essen, Germany, 17.06.09. Ulrich Weber, who is 59 years old, will leave at the end of the month, before his term as member of the Executive Board and chief officer for human resources and labor relations (CHRO) ends. Mr. Weber