Next Monday (January 20th), Donald Trump will be inaugurated as U.S. President for the second time.
Love him or loathe him, here’s how his presidency could impact the UK housing sector:
Borrowing:
Trump’s economic policies may influence global markets and UK mortgage rates.
Market turbulence or inflation could lead to higher interest rates from the Bank of England.
Energy Bills:
Increased U.S. oil production could potentially reduce global energy prices.
However, experts say years may pass before new projects impact supply.
Investment:
Estate agents have seen more interest from wealthy Americans post-election.
If Trump’s presidency causes unrest, Britain’s prime residential markets may benefit.
Know someone interested in this article? Share it with them!
#UKHousing #Leicester #EstateAgent #KnightsbridgeEstateAgents #PropertyMarket