Signs of Life in London’s Housing Market

The video discusses the impact of Brexit on the London housing market, highlighting three positive signs: year-on-year price growth, minimal monthly price decrease, and increased sales. It notes that zones one to three have seen the most growth. Despite Brexit uncertainties, now might be a good time to buy, especially with potential discounts. The video also explores the potential impact of a no deal Brexit, suggesting that certainty could be beneficial for the market.

What recent trend has been observed in the London housing market despite Brexit concerns?

• A decline in buyer interest

• An increase in year-on-year price growth

• A decrease in property prices

• A rise in rental prices

Which areas in London have experienced the greatest year-on-year price growth?

• Zones four to six on the London tube

• Suburban areas outside London

• Zones one to three on the London tube

• Rural areas in the outskirts of London

What is significant about the recent monthly price decrease in the London housing market?

• It matches the decrease from last year

• It is the first increase in over a decade

• It is the smallest decrease since August 2006

• It is the largest decrease since 2006

How might a no-deal Brexit affect the London property market?

• It could cause uncertainty, affecting foreign buyers

• It would stabilize the market immediately

• It would have no impact on the market

• It would lead to a significant increase in property prices

Why might some buyers consider now a clever time to purchase property in London?

• Due to the certainty of a no-deal Brexit

• Because of the current discounted prices and potential market stability

• Because rental prices are decreasing

• Because prices are expected to rise significantly