Brexit sparks housing boom in London
Brexit has prompted a housing boom in the capital, experts claim, after estate agents reported their highest rate of buyer interest in 15 years.
Experts are reporting “unprecedented” levels of interest, with industry professionals forced to “stagger” their clients and extend their waiting lists. This comes following the general election in December last year, and ahead of Britain leaving the European Union last month. Experts are tentatively reporting that, finally, they believe that the commercial property downturn is being reversed.
Knight Frank, the UK’s leading independent real estate company, reported that the number of new prospective buyers registering with the company in London rising to its highest weekly total in more than 15 years.