Its chief executive Paul Smith admitted there will be turbulence in the short-term but he expected the UK to attract more overseas investment after the value of the pound fell.
haart estate agents is confident in the long-term success of the property market after the UK voted to leave the EU.
Its chief executive Paul Smith admitted there will be turbulence in the short-term but he expected the UK to attract more overseas investment after the value of the pound fell.
He said: “We’ve grasped a huge opportunity for the UK and we have every reason to be confident about the long-term success of the property market.
“We are an economic powerhouse and we will continue to be a magnet for international investment.
“The underlying strength of property is sound, and it will remain a great investment because more people than ever are looking to get on to the ladder and there simply aren’t enough homes available.”
He added: “In the short-term things could be turbulent as people come to terms with a result that wasn’t expected. But we now have some certainty.
“It’s up to the government to lay out a clear timetable for renegotiation of our relationship with the EU so that we can get on with doing what British people are very good at – buying and selling houses.
“Smart buyers stand to gain from the uncertainty of others in the weeks ahead, and confident sellers may find that they are in a good position as others wobble.”
