In the wake of Brexit, what is the outlook for residential property in the UK?

Opportunities in the London Market

Press Release - BARNES July 2016


A new page has turned for Britain following the June 23 vote in favor of Brexit. However, the immediate reactions that have been expressed should not cause us to forget a few longstanding facts. First of all, 'in analyzing the situation, it is important to separate London from the rest of the UK,' emphasizes Thibault de Saint Vincent, President of BARNES and expert in international luxury real estate.

Winners and losers

UK-based expats will likely be negatively affected by the situation if, in the coming weeks, they need to quickly sell the property they bought during a period of rising prices. However, this is relative to the starting point. Prices had reached very high levels. Up until the day before the referendum, London was 2.7 times more expensive than Paris.An adjustment had already been observed over the past three months and had not escaped the notice of many international investors. The windfall from the increased purchasing power of all other currencies against the pound has strengthened their interest. 'BARNES London has received many calls,' confirms Thibault de Saint Vincent. 'These individuals are looking to take advantage of the drop in both prices on the market and the currency to invest in London. The market is very active because people are looking to take advantage now.'

Indian and Chinese buyers

Real estate professionals expect the emergence of a new population of international investors, made up, according to opinions, of Americans, Chinese and individuals from Hong Kong or Singapore. Others predict clients from the Middle East who, regardless of the situation, seek protection and freedom. There is also talk of Indian buyers, keeping in mind that many wealthy individuals from the ex-colony are already present in England.Paradoxically, many Britons voted for Brexit to protect themselves from non-British investors. However, such investors will be driving the London residential property market throughout the coming months.

A global banking capital cannot disappear overnight

Beyond the drop in the pound, concerns over employment in the financial industry and political uncertainty, London will continue to rely on its specific strengths. It should be kept in mind that 20% of all global banking activity takes place in London.1 Thanks to this driver, which provides 1.25 million direct jobs, London's GDP equaled that of Norway last year. It even grew by 3.3% compared to 2.3% for the country overall.

* 1 according to Standard & Poor’s


An ecosystem of this kind cannot die. It is true that HSBC has indicated it would send 1,000 jobs back to France. JP Morgan has also stated that it could move certain jobs out of the country.

The continued benefits of the 2012 Olympics

Companies are more likely to be reorganized than to completely leave. They know that London's population is pro-Europe: 60% of Londoners voted to remain. In addition, employers can count on highly trained human resources in complex areas of finance. The investments made during the 2012 Olympics helped modernize the city and strengthen its dynamism and accessibility.

>> Find online the full press release

BARNES and Hanover Private Office Join Forces…

BARNES, the luxury real estate group with a global network of offices and 600 consultants, has acquired a majority stake in the high end property consultancy Hanover Private Office, from founder Alex Newall and co-director Nick Wiszowaty. Barnes President, Thibault de Saint Vincent announced the exclusive partnership with Hanover Private Office.........

23/03/2017 | Barnes International | 1070 vus | 0 com.
4 Stunning Sunny Properties Near the Beach

  BARNES features a wide variety of properties, and this week saw quite a few awe-inspiring properties near the beach for sale and for seasonal rental. Here is a roundup of BARNES' 4 best sun-bathed properties of the week.......

24/02/2017 | Barnes International | 643 vus | 0 com.
Barnes launches its web-magazine, SoBarnes!

After more than 20 years spent discovering the most beautiful destination and establishing.........

12/01/2017 | Barnes International | 1668 vus | 0 com.
Thibault de Saint-Vincent at the 15th Economic Matinale

Thibault de Saint Vincent, President of BARNES will be the guest of the 15th Economic Matinale themed on Heritage & Culture. World leader of luxury real estate, BARNES stands internationally through highlighting the most beautiful cities and regions of France. During his speech, Mr. de Saint-Vincent.........

24/05/2016 | Barnes International | 2194 vus | 0 com.
Updates on the luxury real estate market in Paris

In Paris, luxury real estate has never been worn as well. With the decline of the Euro, historically low interest rates and reasonable prices compared to other major European cities, the Paris real estate returns to form. Paris is now the 7th most attractive city in the world for the ultra-rich, ie, those.........

23/05/2016 | Barnes International | 2981 vus | 0 com.
BARNES Marrakech gets a website

BARNES is pleased to present its new website, created for BARNES Marrakech. Continuing its international expansion, BARNES chose to partner with a local partner with recognized expertise: the agency 'Immobilier International.........

23/05/2016 | Barnes International | 3079 vus | 0 com.
Auction of the house Le Moult, designed by Starck

You are acquiring and looking for an exceptional home in the Hauts-de-Seine? BARNES offers a historic home designed by Philippe STARCK, with an exceptional environment at the heart of the Ile St Germain. Playing with symmetrical staircases, columns and volumes, double height, the house opens.........

09/05/2016 | Barnes International | 4349 vus | 0 com.
Carlos Cruz-Diez exhibition

Sharing with its international clients its appeal to the excellence and uniqueness, BARNES, luxury real estate leader, offers art exhibitions in its offices. Today, one of the most important figures of kinetic art, the Franco-Venezuelan artist Carlos Cruz-Diez, is hosted by Barnes in its agency rue du Faubourg Saint-Honoré (Paris 8th).........

02/05/2016 | Barnes International | 2592 vus | 0 com.
BARNES signs an exclusive Franco-Russian partnership with Kalinka

The President of BARNES, Thibault de Saint Vincent, and the President of the Board of Kalinka Group, Ekaterina Roumyantseva, formally announced their exclusive partnership. Founded in Moscow, the joint venture aims to support Russian buyers in their search.........

16/03/2016 | Barnes International | 4036 vus | 0 com.
Exhibition 'La vie en Pose' of Max Wiedemann

In his office, 13 rue Bonaparte, Paris 6th,   BARNES exposes 'la vie en pose', the works of Max Wiedemann   Exhibition from January 28 to May 31, 2016......

02/02/2016 | Barnes International | 3950 vus | 0 com.
The year 2016 looks promising for luxury real estate

By Camille Chappuis......

25/01/2016 | Radio Monaco | 2423 vus | 0 com.
The luxury real estate is back, where to invest in 2016?

The year 2015 has signed the resumption luxury real estate market, according to Barnes branch network. The return to the reality of prices has triggered the French and foreign buyers, income massively on this premium segment. Now that the resurgence is confirmed, what are the areas on which to bet in 2016? Response elements.......

23/01/2016 | Tout Sur Mes Finances | 2453 vus | 0 com.
Luxury real estate: the super-rich return to Paris

Foreign wealthy clientele has made a comeback on the Paris market in 2015, Barnes reveals the network in its annual balance sheet. Falling prices and the foreign exchange effect largely explain this improvement.......

23/01/2016 | Les Echos Patrimoine | 2772 vus | 0 com.
Luxury real estate: Paris always attracted

Paris will always remain a preferred destination for the world's wealthiest. The capital is set out in 7th place of the most popular cities in this demanding clientele.......

23/01/2016 | | 2362 vus | 0 com.
The French luxury house, the 'Livret A' for the Gulf billionaires


23/01/2016 | La Vie | 2428 vus | 0 com.
The improvement is confirmed in the luxury real estate market in Paris


23/01/2016 | Le Monde | 2219 vus | 0 com.
Attentats: quelles conséquences sur l'immobilier à Paris?


20/11/2015 | | 2227 vus | 0 com.
The BARNES Cannes, Deauville and Courchevel websites are renewed

  BARNES is very pleased to present today three new sites created for BARNES Cannes, BARNES Deauville and BARNES Courchevel, redesigned.........

16/10/2015 | Barnes International | 2106 vus | 0 com.
A website for BARNES Ile de Ré

  BARNES is pleased to announce the release of the site dedicated to his entity of the ......

17/07/2015 | Barnes International | 4060 vus | 0 com.
Thibault de Saint Vincent or the art to celebrate the luxury

BARNES, through its excellence and its demands, is the reference in high end real estate for an international clientele. Meeting with Thibault de Saint Vincent, Founder and Chairman of Barnes, leading player of international prestige real estate. ......

16/06/2015 | Barnes International | 3986 vus | 0 com.


01 | 02 |