Brexit is having a strange, diverse effect on the property market in the North-East.

On the one hand, things have seldom been so good in the housing market, with Robinsons Estate Agents seeing a more buoyant market in general house sales than a large proportion of the country.

The recent trend in relaxed planning constraints over the last few years has seen an unprecedented increase in the scale of new-build houses around the area, which is driving increased sales. However, at the upper end of the market, it’s a different story.

The Northern Echo:

Adrienne Dobson, Regional Sales Manager at Fine & Country, Wynyard – part of the Robinsons family – says that Brexit has most definitely had an effect on the more expensive properties that they specialise in.

She says: “We have seen a clear shift in customers looking at properties in the top end of the market.

“Historically, moving from the south and buying in the north was a lucrative proposition, with customers selling high and buying comparatively low.

“The current advice is not to rush into investing heavily in the housing market in the north, but to ‘hang fire’ until things are a little more certain.

“At Fine & Country, we have definitely seen a number of sales suspended because of Brexit.”

However, on the positive side, Adrienne says that the rental of quality properties has increased, with landlords achieving rental income from anywhere between £1,000pcm and £3,000 pcm.

The Northern Echo:

Whatever the future holds with Brexit, there seems to be a level of confidence around the North-East in the housing market in general, and Robinsons are perfectly placed to help customers with all their sales, purchases or lettings requirements.

As one of the North-East’s most trusted estate agents, Robinsons takes pride in being a one-stop shop, helping those looking to buy or sell a property.

Robinsons has offices all around the North-East, in Darlington, Middlesbrough, Stockton, Ingleby Barwick, Bishop Auckland, Crook, Spennymoor, Durham, Chester-le-Street, Hartlepool, Sedgefield and Coxhoe, with Fine & Country based at Wynyard.

Make Robinsons your first port of call whether you’re thinking of selling or you’re looking for your next ideal home.

www.robinsonsestateagents.co.uk