Post Election Auctioneers Update

For months buyer activity in the property market has stagnated over uncertainty and
concerns, not only surrounding Brexit but more recently the General Election. With
the outcome of the election now returning a clear and overwhelming majority, buyers
can now engage (and exchange!) with certainty.

We know residential landlords won’t be facing rent capping and other similar
penalising anti-property investment policies. The financial markets have already
responded, the stock market is up and sterling is gathering strength. Above all, we
know for certain that not only is Brexit happening but also WHEN it will happen.
For months I have been reporting that when the uncertainty is over, all those buyers
holding back will re-engage. There is an unimaginable amount of Buyers of every
type that have been holding back and waiting for this moment. Indeed many are
expecting a flood of cash to come into the UK boosting further investment and
activity from those now getting off the fence and re-engaging.

With this in mind, our auction next week on Monday 16th December 2019 gives
buyers the first opportunity to get ahead of others and purchase now before prices
go up, yields for commercial investments harden and land values rocket as house
builders re-engage.

We are open this Saturday morning to assist with your last minute or even new
enquiries.

This is clearly your best property buying opportunity for many many months
with clarity and certainty before the inevitable price rises and recovery that is
going to happen.

Good luck with your bidding!

Chris Glenn
Divisional Managing Director
SEQUENCE (UK) LIMITED AUCTIONS