Brexit. It’s a word we’ve all become familiar with since the UK voted to leave the European Union on June 23 2016. The move saw the pound plunge in value and property prices cool as buyers struggled to digest how the UK’s exit from the EU would affect the market. However, following the Conservative win in the UK’s December election, central London property buyers no longer appear phased by “the Brexit dip”. Sales increased by 34 per cent in the last quarter of 2019 compared to the same period the previous year, according to LonRes, with central London house prices rising 2.4 per cent following five consecutive quarterly falls. With optimism in the market once again, what’s the best way for UAE investors to buy in the UK?
Host Alice Haine is joined by Emma Tracey, deputy creative director at The National and Chris Battle, founder of The Property Hub Meet-up Dubai, who owns 10 buy-to-let properties in the UK. Later on we'll hear from a UAE resident who has become a successful UK developer while living and working in the UAE.