Property Predictions 2019, Charlie Baxter for Whathouse Magazine
What will happen to house prices in 2019? Will Brexit affect house prices? Here are your property predictions for 2019 ...
Charlie Baxter, managing director and co-founder of Alchemi Group, says: "In my opinion, the prices will continue to drift off in the first part of the year (they're already about 20% lower than June 2016) due to the uncertainty surrounding the decision but will surprisingly bounce back very shortly after [Brexit].
"By way of comparison, in March 2009 - following the credit crunch in 2008 - Westminster, in particular. experienced a 10-year low point in sales volumes, but then suddenly turned a corner and skyrocketed with a 30% increase in prices over a 12-month period. I think we could see a similar pattern to this following Brexit:'