The trade war has also caused significant currency fluctuations, with global currencies experiencing volatility as a result of the recent economic conditions.
The GBP reportedly fell this past week, hitting a one-year low against the euro. If the Pound depreciates further, UK property could be seen as an attractive investment option for international buyers looking to maximise their returns.
If we do see an increase in property market activity and demand, this could result in enhanced property market growth for the UK.
As always, when deciding to invest your money, it’s important to consider all of your options, not rush into any purchases, and even seek the advice of a financial advisor to be sure you’re making the smartest decisions.
