After my family’s visit to The Christmas Market and ice skating at Winchester Cathedral on Sunday, we returned home to read a piece in The Sunday Times that referred to the significance of a Christmas Market to an area. Of those cities that have Christmas markets, Winchester featured third in terms of price growth over the last 5 years… 42%. We are very fortunate to have such a wonderful city in our midst, particularly at Christmas…and well worth a visit!
Interestingly another article talked about the exchange rate effects for international property buyers in the UK and how there has been a discernible sea change in buyer profile to reflect this. This became pertinent for us this morning when a family called wanting a valuable home as they are moving here from the UAE. Our education system was a key driver for them but it can’t be ignored that their timing is spot on as the £ to Dirham exchange has improved significantly over the last year making a home in the UK almost 20% less expensive in real terms.
Patrick Glynn Jones