By the time this article is in your hands, the General Election in the UK will be over. The results will not be in doubt. At the same time, Brexit process has barely started. The voters will have picked the team they want on the pitch and the Election will determine which ‘team’ the UK voters want to represent their interests in the Brexit divorce proceedings. Is it a winning team? What are the odds of a good outcome? Do any divorces turn out well? How long do we have to wait before we will know if the Brexit decision was a wise choice?

Political risk is but one form of risk which all property investors need to consider but it is not even the most important risk for most property investments.

Types of Risk
The following list highlights many of the risks we deal with each day as property investors. Some of the risks are more specific to a stage in the process of acquiring, owning and then selling (ex., lender stress testing forced by the Prudential Regulatory Authority (PRA). Other risks happen even when you are not directly changing anything (ex., regulatory changes imposed by a government on landlords).

Asset - What is the true value of the property? How might fire, flooding, and other external events or conditions impact the asset value?