Worried about house prices after Brexit?

Two and a half years ago we moved
into our forever home, we have no interest in selling it but I am still curious
to see how Brexit has affected homeowners. 
This infographic on the Rattan
Direct Blog
is quite revealing and gives you some suggestions on how you can improve your property value if needed.

Regardless of the way you voted (that is your choice and
shouldn’t be taken away from you) I am curious about how things will pan
out. I guess I think that whatever
challenges we have ahead will hopefully have sorted themselves out by the time
I would ever need to sell (if it comes to downsizing in old age).

I try not to panic about house prices, but if you did need
to sell and are worried that house prices have fallen it might be worth
considering renovating – apparently an extra bathroom can add 6% to the value
of your property. So if you’re a dab
head at DIY it might be worth targeting your effort at renovations that add
value. Likewise also think about the
exterior of your property by making the garden look appealing or even adding a summer house.

Adding a room can help increase the value of your
property, in our case we have actually got rid of a room by making one very big
room instead! I am hoping that won’t
impact our house price too much though as I think a lovely big master bedroom might
be an asset. But I guess its all down
to the requirements of the next person to buy your home, some of what we decide
to do is very personal to us and there is no guarantee that everyone will feel
the same.

21% asked in the survey were more aware of their
disposable income since Brexit, I guess I would be bundled in that figure as a precaution
I want us to spend less on eating out and takeaways and encourage hubbie to
take a packed lunch to work. When it
comes to a house though we all need somewhere to live so I am sure house prices
will settle eventually, even in London where apparently its been hit the
hardest.

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