No evidence of post-Brexit slowdown for Macbryde Homes
New Homes in Demand
Despite the uncertainty following the UK’s decision to leave the European Union, we are thrilled to report our customers are still interested in buying property in North Wales and across North West England.
In particular, demand for homes at our Kingswood Manor development in Woolton village, Liverpool has been exceptional and 40% of the available properties have already been sold off plan. In addition, all the remaining plots at our developments in Oxton in Neston have also been sold.
We offer a range of incentives including Easy Move and Help to Buy, and we believe these offers coupled with the continued gap between supply and demand in the UK property market have masked any concerns our customers have following Brexit.
This ongoing demand has prompted us to submit detailed plans for further developments in Ellesmere Port and Abergele. Interest also remains high at our Bryn y Mor development in Old Colwyn and Erddig Place in Wrexham.
First Time Buyers, Families & Downsizes are still Purchasing
Simon Macbryde, Chairman and Managing Director of Macbryde Homes, said continued demand for housing meant new homes remained desirable for first-time buyers and growing families, as well as older couples looking to downsize.
He said: “There’s been a lot of media coverage about a perceived slow-down in the property market post-Brexit, almost to the point where sometimes it feels like they’re self-fulfilling pronouncements. We just haven’t seen it.
“We believe Merseyside, Wirral and North Wales are up-and-coming regions, desirable and more affordable places to live yet still with access to a vibrant jobs market across all sectors. Deeside, Wrexham, the Wirral and Liverpool are buoyant centres of employment right now.
“The various Help to Buy schemes are helping buyers onto the property ladder and we expect that to continue. The recent interest rate-cut also helps borrowers.
“Larger homes with a high specification appeal to growing families as well as downsizers because they are low maintenance and certainly in the case of Woolton, located in a highly desirable area.
“Selling points such as size, specification, location, good schools and access to employment have not changed since Brexit. If homes have these assets, they will remain very much in demand.”
Macbryde’s prestigious four-bedroom homes in Woolton feature double-garages, drawing rooms and dressing rooms as well as open-plan kitchen, living and dining areas. They are priced from £584,995.
Macbryde Homes has been established for more than 30 years, creating developments across North West England and North Wales. The family-owned firm is based in St Asaph in North Wales.