How has the Brexit referendum affected your property in Clapham, Brixton & Surrounds?
Well it's been an exciting weekend, what with the fallout of various political parties due to the (to some surprising) results of the UK's referendum. The journalists, as usual, are doing an outstanding job of reporting mass chaos. The dropping pound, crashing house prices (some predicted 20% drops) and all time low consumer confidence. That's all good and well, but personally I think it's a bit soon to make such wild predictions (ahem - assumptions) over one single weekend right after the referendum results. Many a property investor, myself included, have already come out and spoke of the opportunity these times represent. Let's look at what's happening, and my thoughts on the short-medium term. Naturally as with any of these predictions, it's only my view as a property person with nearly 15 years of experience in the South London property market. I don't have a crystal ball, but here is my 2p worth: The pound has dropped in value.