Two sides to every coin: How the UK property market is now seen by global investors
The property market in the United Kingdom is generally pretty resilient but has undoubtedly suffered hits in the past year from the currency reset (with more to come after the Fed rate rise) and Brexit risks.
The outcome of the European Union referendum in June 2016 sent shockwaves across the UK business sector — and further afield. The full implications of the United Kingdom’s decision to leave the EU will take many years to unfold. The formal process of leaving the EU will not begin until March 2017, when the UK government expects to trigger Article 50, effectively the notice to quit. What follows are two years of negotiations, which will determine Britain’s future relationship with the EU. Nearly nine months after the referendum, key issues remain unresolved. Top of the list are whether the United Kingdom will continue to have access to the single market — or even wants it — and on what terms; and what is to become of the City of London as