Brexit implications on Thames Valley Housing Market

06th October 2016
By Mike Newton

This morning, the Wokingham office hosted a very successful breakfast seminar regarding the early implications of Brexit on the housing market in the Thames Valley. Over 30 property professionals attended with Romans and Boyer clients represented.

The seminar started with networking over breakfast followed by presentations. Peter Kavanagh gave an interesting insight into recent housing market movements and concluded that despite the vote, the market remained buoyant with Stamp Duty rather than Brexit being the key factor influencing sales. Mike Newton provided a political update following recent announcements from the Conservative Party Conference. He discussed the conflict between the pressure to build new homes verses, NIMBYism and Green Belt release. Karen Charles followed with an update on the impact on the planning system advising that EU legislation would be ‘grandfathered’ into UK law, and then updated on a case by case basis which has provided much needed clarity in the planning profession.