De­vel­op­ers and es­tate agents up­beat af­ter Brexit

Kentish Gazette Canterbury & District - East Kent Property - - HOMES NEWS -

Es­tate agents and de­vel­op­ers in Kent say de­mand for prop­erty re­mains high fol­low­ing the vote to leave the EU.

The vote has prompted es­tate agents like haart to in­sist prop­erty re­mains a sound in­vest­ment. The com­pany said it is see­ing more than 10 buy­ers chas­ing ev­ery prop­erty on the mar­ket.

Terry Ster­ling, branch man­ager of Maid­stone haart, said: “Our new ap­pli­cant lev­els re­main strong and I would en­cour­age those that are al­ready on the mar­ket to hold a strong po­si­tion and re­main con­fi­dent in achiev­ing a sale for their home.”

The firm’s chief ex­ec­u­tive Paul Smith said: “The crit­i­cal short­age of hous­ing in this coun­try won’t change due to a tem­po­rary dam­p­en­ing of de­mand es­pe­cially with 80% of young renters who re­main des­per­ate to get on to the hous­ing lad­der.”

Prop­erty de­vel­oper Mark Quinn, man­ag­ing direc­tor of Quinn Es­tates, said: “I don’t think house prices will fall. They will re­main pretty sta­ble.”

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