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The Brixham Property Market Post-Brexit

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Thu 15 Sep 2016

The Brixham Property Market Post-Brexit

We have enjoyed an extremely active summer with a large number of sales agreed since the referendum result (June 24th 2016). We feel it is too early to say that there will be no negative impact on the property market but can still report a strong appetite to purchase in Brixham.

The demand for second homes and properties to retire to is remaining strong. Possibly buyers who might just have been considering a move to Europe (Spain, France, Portugal etc.) see the safety and sense in making the move within the UK, where fears over future health provision and taxation are more of a known quantity. Brits in the Eurozone will have to wait to see what transpires on their health rights & taxation.

Once again, we are seeing buyers from all over the UK purchasing in Brixham and we feel that we are seeing the benefit of the new South Devon link road. Many of our applicants and clients comment on the easier access to the Bay.

The buy-to-let market is a little weaker than 2015 but we are still selling a good number, especially as saving returns are so weak. Despite the increased stamp duty levels for second homes / buy-to-lets etc., there are many who feel it is worth paying extra to get the money working harder long term.

We are still very optimistic about Brixham’s prosperity and future. Certainly the volume of tourists this summer has increased and the local fishing industry is excited about the prospect of being rid of Brussel’s shackles! There are new business’ open in the town and generally, the mood is very positive as Brixham becomes even more of an attractive destination and more prosperous.

Mark Boyce

 

FNAEA Director of Boyce Brixham

Boyce Brixham Covid-19 Information Regarding Viewings and Valuations


Following the latest change in government guidelines. Our Director Mark Boyce has the following message about the New Procedures and Strict Guidelines we will be following to ensure the safety and well being of our Staff, Clients and potential buyers.


"Welcome Back!As you are probably aware The Government has now lifted restrictions on Valuations & property viewings and we are now ready to safely organise these for you in line with Government and Health England guidelines. You will see links here to both The Government Guidelines and The Guild ‘Safe as houses’ Protocol (Links below). We strongly suggest that you read these prior to making appointments for valuations or viewings so that you are aware of the responsibilities that both you and ourselves must undertake.


We are talking with our vendors and many will accept viewings from now but some naturally prefer to still avoid viewings (especially if they are vulnerable or self-isolating). We have been working effectively from home but from Monday 18th May we will be operating from our offices again but urge you to call or send an email rather than visit the offices. We will only be permitted to allow into the office one person at any one time so calling or emailing may save you waiting in the street!


As before all calls for Sales will be answered on 01803 852736. Lettings can be contacted by email on lettings@ljboyce.co.uk"


Government Guidelines Document: https://www.gov.uk/guidance/government-advice-on-home-moving-during-the-coronavirus-covid-19-outbreak?fbclid=IwAR08N1B9N3U4tyUsKG8uxVsM9HArmNiPJT6eS7JgdRv2MInZVhYusEvdFVI


Guild "Safe as Houses" Protocol: https://i.emlfiles4.com/cmpdoc/0/5/8/3/3/2/files/26128_singleoffice-guildgeneric-sixpointguide-v4-b2c.pdf?dm_i=50FU,79S5,AD1RC,S5AY,1

Viewings and Valuations Now Taking Place Hide