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Property investors demand Brexit clauses ahead of EU vote

Property investors demand Brexit clauses ahead of EU vote A growing number of property investors are adding clauses into contracts giving buyers the right to walk away from commercial property deals in Britain if the country votes to leave the European Union later this month. With the Bank of England reporting that transactions in commercial […]

London’s property market loses shine ahead of Brexit vote

London’s property market loses shine ahead of Brexit vote http://video.cnbc.com/gallery/?video=3000523279 Britain’s historic vote on whether or not to remain within the European Union might still be two weeks away, but the impact of Brexit has already been felt in London’s property market. Investors who are worried about the impact of Brexit on their London house […]

Brexit or not: Why don’t Asian investors care?

Brexit or not: Why don’t Asian investors care? Some investors want Brexit clauses written in to their property deals, but it seems they are unlikely to be Asian. After a spell off the radar as polls seemed to suggest a UK vote to stay, Brexit worries are back. Property investors are increasingly asking for the […]

London prime property market in the referendum doldrums

London prime property market in the referendum doldrums The prime property market in London has become beset by “lethargy” because of the uncertainty ahead of the outcome of this month’s referendum on the UK’s membership of the EU, according to the latest Knight Frank analysis. Annualised price growth slowed to 0.1 per cent last month, […]

Foreign investors rush to Britain, despite EU referendum uncertainty

Foreign investors rush to Britain, despite EU referendum uncertainty Britain attracted record levels of foreign direct investment last year but uncertainty over its future in the EU has put its status as a top investment destination at risk, research shows. More than a thousand FDI projects landed in the Britain last year, according to EY’s […]

Will Brexit knock house prices? Not in prime central London

Will Brexit knock house prices? Not in prime central London In a bid to sway voters, George Osborne is predicting Armageddon in every economic sector as the collateral damage of Brexit. This week he pointed the finger at property prices, predicting a significant dampening if the UK votes to leave. The chancellor is correct that the […]

Property Market Comment: WHAT is Brexit?

Property Market Comment: WHAT is Brexit? Property Market Comment: WHAT is Brexit? It’s the unfortunate term for Britain’s exit from the European Union. Disquiet about the constraints of regulation and the UK’s contribution towards the cost of running the European Union led the Prime Minister to promise a referendum on Britain’s continued membership in this […]

Property investors delay UK commercial deals on Brexit fears

Property investors delay UK commercial deals on Brexit fears Major international property investors are delaying purchases of UK real estate assets until after the referendum on the country’s membership of the EU. While opinion polls so far suggest most UK voters want to remain in the EU, support for the Leave campaign is high enough […]