The Brexit-inspired decline in London’s property values has yet to cause any serious ripples in other areas of the UK. While price-growth and activity may be slowing amid the uncertainty, almost every other major urban area in the country is still experiencing a rising market, according to Acadata. While such plans are likely boosting interest in Leeds itself, the property market is humming along across large swathes of the country. With Britain’s future outside of the EU still as unclear as ever, the London market is taking the biggest hit. "London is more of a world market, it’s influenced by outside investment coming in," says Alex McNeil, a commercial and residential valuer at Bramleys, an agency in Huddersfield, northern England.

Source: News 24 March 24, 2019 08:37 UTC