Property News

Property Investment Tips for Beating Brexit

Rose Jinks - March 26, 2019

Property firm Knight Frank has found that Brexit-related uncertainty is causing a wait-and-see approach in some property markets across the UK. Investment agency Surrenden Invest has its top property investment tips for beating Brexit…

Despite this wait-and-see attitude amongst property buyers, the UK’s chronic undersupply of rental properties and rising rents mean that property investors want to act now, rather than waiting to see what happens with the ongoing political saga.

As such, if you’re looking to invest, Surrenden Invest has shared its Brexit-beating tips for those who want to make their money work for them, sooner rather than later.

The Managing Director of the firm, Jonathan Stephens, says: “The extension to Article 50 is just the latest twist in the ongoing Brexit uncertainty. We’re finding that many investors are tired of waiting to see how it all settles. After all, the current wrangling is only over the withdrawal agreement – there’s still an incredible amount to actually sort out once the 29thMarch/12thApril/22ndMay deadline has passed. As such, we are working with investors to find Brexit-beating property investment opportunities right now, not in some distant future when the political upheaval has finally settled.”

Surrenden Invest’s first tip is to focus on existing pockets of demand. City centre living has recently come back into fashion with a vengeance, meaning that stylish homes with attractive amenities can generate excellent yields, when located in the right areas. 

As investment firm JLL observes in its 2019 Northern England Residential Forecasts: “Manchester, Leeds and Liverpool have all seen significant supply shortfalls in the face of an increase in demand from people wanting to live in the core city centres.”

For investors, this provides an opportunity to identify key city centre hotspots.

However, Surrenden Invest’s second Brexit-beating tip is to focus on the medium to long-term.

Part of this is to identify a top location, with desired amenities within a walking distance. Nevertheless, it’s about more than just location – some areas are undergoing significant redevelopments, which will appeal to tenants for the long-term. Surrenden Invest reminds landlords to look past the cranes and see what the future holds for a certain district.

Finally, the firm is encouraging investors to look at areas where both rents and house prices are rising fastest – especially, a select group of the UK’s regional cities. Birmingham, Manchester, Liverpool and Newcastle all have the right credentials, according to Surrenden Invest, meaning that landlords who focus their attention on the best-placed developments look well positioned to beat the continuing Brexit uncertainty. 

Will your investment strategy beat Brexit? If not, follow these top tips!