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UK OUTLOOK

WHAT’S IN FOR THE UK IN 2019?

A Brexit deal will be made

It is almost certain that some form of deal will be hammered out, at the very least to allow for a transition period after March 2019. This will allow time for free trade agreements to be worked out with the rest of Europe.

The UK housing market

The UK housing market as a whole soared to record highs in the past few years. Research by property firm Savills showed the total value of UK housing stock had increased by £190bn to its highest level ever — a mind-boggling £7.29tn.

Pound set to rise

Once a deal has been struck, the British pound is expected to go up. Real estate firm Colliers International predicts a 5% to 10% appreciation in value, while global assets manager Aberdeen Standard Investments says the sterling might potentially climb by 15% from its current level within 3 months of a deal.

Housing market on the rebound

Recovery of the pound will slow inflation and lead to stronger income growth that will support prices. Savills forecasts UK house prices to rise 14.8% from 2019-2023.

For a comprehensive understanding of the best places to invest in the UK, click on the link below:

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CI PROPERTIES Sdn Bhd
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Project Manager

CSI PROP Pte Ltd

This is an overseas investment. As overseas investments carry additional, financial, regulatory and legal risks, investors are advised to do the necessary checks as well as research on the investment beforehand. Investors are also advised to seek independent and qualified legal, financial and tax advisors. The Marketing Agents and Project Manager for themselves and for the vendors or lessors of this property whose agents they are, give notice that the particulars do not constitute, nor constitute any part of an offer or a contract. All statements, contained in these particulars as to this property are made without responsibility on the part of the Marketing Agents and Project Manager or vendors or lessors. All descriptions, dimensions, and other particulars are given in good faith and are believe to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to the correctness of each of them. The Marketing Agents and Project Manager shall not be held responsible for any negligence, consequential loss or damage arising from the use of this information. No person in the employment of the Marketing Agents and Project Manager has any authority to make or give any representation or warranty whatever in relation to this property

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