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ARTICLE · 18 MAY 2018

Brexit Wrecks It? Not Necessarily

Mishcon de Reya LLP
Mishcon de Reya LLP
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Mishcon de Reya LLP

Mishcon de Reya LLP

Founded by Lord Mishcon in 1937, in a one-room office in Brixton, Mishcon de Reya now employs over...

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Mishcon de Reya has one of the largest dedicated residential property practices in London; our core team members have worked together for over 10 years and have seen highs and lows over that period.

United KingdomReal Estate and Construction
Sonal Thakrar
Sonal Thakrar

Mishcon de Reya has one of the largest dedicated residential property practices in London; our core team members have worked together for over 10 years and have seen highs and lows over that period.

As far as we can see the high end residential market is still flourishing, with plenty of activity. Commentators expect a dip in property prices which is understandable given the uncertainty over Brexit, but we haven't seen any let up in our clients' desire to acquire London properties.

Admittedly, there are many new builds on the market and developers are seeing a slower up-take of off plan purchases, but as a team we haven't seen much reduction in the volume of luxury property purchases. Our clients see this as a market opportunity. There has been nothing to dampen their long-term confidence in London as a safe place for property investment.

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