UK Property Market After Brexit: 5 Key Changes in Three Years
Updated: March 2, 2023
January 2023 marked three full years since Britain left the European Union. In that time, the UK property market after Brexit has proven both resilient and adaptive. Despite political uncertainty, rising global interest rates and a pandemic, demand for UK real estate has remained strong with new investment opportunities emerging for global high net worth investors.
1. Resilience in the UK Property Market After Brexit
Contrary to early predictions of steep declines, prices have risen consistently since 2016 and into post-Brexit years. Government initiatives—including stamp duty holidays and incentives for developers—have kept transaction volumes strong. The UK property market after Brexit has therefore demonstrated its resilience, making it an attractive option for international preservation of wealth.
The rental market has also tightened. Demand continues to outpace supply across major cities, leading to competitive rental yields and a buoyant long-term environment for landlords.
2. International Confidence in the UK Property Market After Brexit
Foreign buyers remain highly active in London and regional hotspots. The UK’s position as a global financial hub, underpinned by the strength of its legal framework and established infrastructure, makes the UK property market after Brexit an enduring choice for expats, family offices, and sovereign funds.
- London continues to lead international property demand.
- Oxford, Cambridge, and Edinburgh remain prestigious investment destinations.
- Financial services, still worth £74.2bn, underpin confidence (Financial Conduct Authority).
3. Prime Real Estate Values Hold Strong
Luxury residential markets in Mayfair, Knightsbridge and Chelsea have remained robust. Even against wider global uncertainty, the UK property market after Brexit has proven its status as a safe-haven asset. High-value properties continue to attract investors who prioritise wealth preservation alongside potential for significant long-term capital growth.
4. Mortgage Finance Accessibility for Overseas Investors
Initially, banks restricted lending to EU citizens and UK nationals living abroad. Yet, over time, lenders have reintroduced products to serve this audience. Today, the UK property market after Brexit offers a broader spectrum of tailored lending—including private bank facilities and specialist mortgages designed for complex international income structures.
The entry of challenger banks and non-traditional lenders has improved competitiveness. Borrowers benefit from case-by-case underwriting, increasingly bespoke solutions, and competitive pricing structures.
5. Outlook for Interest Rates and Investor Opportunities
Until late 2021, historically low rates drove unprecedented demand. Though rates rose in 2022–23, market sentiment expects gradual reductions into 2024 and beyond. If forecasts of levels returning near 2% prove true, the UK property market after Brexit will see renewed investor appetite, particularly in prime London.
For strategic investors, this represents an opportunity to secure assets before financing costs ease further, locking in both capital growth potential and long-term rental yield.
Articus Finance Expertise in the UK Property Market After Brexit
At Articus Finance, we partner with global lenders and specialist institutions to deliver tailored financing solutions. With over 20 years of combined expertise in UK and international property finance, we provide discreet access to bespoke products, whether for UHNWIs, expats, or private banks.
- Mortgages for international investors
- Expat mortgage structuring
- HNW property finance
- Private banking mortgages
- Development finance
- Short-term bridging finance
- Corporate debt for property portfolios
Final Thoughts
The UK property market after Brexit has exceeded early pessimistic forecasts. With international confidence solid, rental demand strong, and competitive lending available, it continues to stand as one of the world’s most compelling property markets. For investors, family offices, or UHNWIs seeking both stability and growth, post-Brexit Britain presents a strategic wealth opportunity over the next decade.
Contact our expert brokers at Articus Finance for discreet advisory on securing financial solutions tailored to your global investment strategy.