The UK property market started 2016 at a furious pace, but recently there has been a slight cooling down. Demand for property remains strong, however supply is still chronically low, so rather than a sudden slowdown, this is having the effect of a gradual return to a more normal rate of price growth. The market appears to be shifting slightly in the direction of a buyers market so sellers will need to  price competitively in order to get best results. The Brexit vote may lead some to proceed with caution, however due to the supply & demand imbalance and the low cost of borrowing, it is unlikely we will see a material decline in the market. 

Edward Bromwich, Managing Director