Our House Price Prediction
It is clear that the uncertain political landscape has seeped into the property market and had a dampening effect on prices in Q4 2014. The article is right in the sense that the UK is divided into separate and uniquely defined markets (and indeed micro markets within these markets), all with highly specific drivers and resulting performance. In the medium term it is likely that the ripple-effect will gather momentum as prices outside the Capital and in key cities begin to share the spoils.
In the short term Clarendon House Capital identify the temporary weakness during 2015, specifically H1, as a potential entry point into the market to capitalise on short-term uncertainty, and feel a H2 price rebound should not be ruled out.