The arithmetic of buying a holiday home in the UK has changed, and not in the way the headlines...
The effect of collapsing oil prices and property
Forecasting oil movements can be particularly difficult, but its variable effect on the UK economy and indeed property itself, cannot be ignored. The oil market has dictated the affairs of the global economy for much of the past two years and I look at how this will have an impact on the appetite of buyers for UK property.
I reveal not only an outline of the effect of low oil prices but also how commercial deals and buyers from oil producing countries are taking hold of oil changes and challenges, whilst deciphering the influence this may have on the UK’s economic property activity.
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