With a vote to leave, the UK property market is unlikely to escape the wider economic instability which is anticipated over the coming months. However, recent volatility in the bond and equities markets reinforce the case for real estate investment, as property continues to provide long-term income stability and the ability to add value through active asset management.

Looking forward, we firmly believe that fundamentals will continue to drive the UK property market. The UK has one of the largest and most sophisticated property markets in the world and because of this it should remain a magnet for global occupiers and investors.

Bank of England governor Mark Carney pledged to pump an extra £250 billion of funds into the financial system. In a sign the central bank could cut interest rates in coming months, he said: “The Bank will not hesitate to take additional measures as required as markets adjust and the UK economy moves forward.”

Analysts said the Bank could cut rates to zero in the coming months having frozen them at 0.5% since March 2009. Mr Carney warned that: “market and economic volatility can be expected” but said the financial system remains “resilient.”

Whilst values may soften over the coming months in response to a more uncertain outlook, sharp price falls are not foreseen, given the general lack of stock. Over and above this result, the UK housing market faces a number of domestic challenges, most notably shortages in affordable housing and general supply issues.

These are matters which have taken a back seat during the campaign and still need to be addressed. The high end market may be impacted by weaker demand from senior executives and international buyers in the short term, however, a fall in sterling could make UK property an attractive proposition to foreign investors, and moreover, property yields currently offer a healthy margin over bonds.

Presentation and superior marketing for any property that is currently being marketed is crucial, so that your property really stands out from the crowd.

Knight & Knoxley use ground breaking ‘Next Generation Virtual Reality’ technology to market all our properties. With superior marketing campaigns and advertising we are consistently selling at asking price or above throughout Brighton and Hove. There has never been a better time to instruct Knight & Knoxley to sell your home. Visit www.knightandknoxley.com to see how your home should be marketed.