Property News · June 24, 2016

House price fall could follow Brexit, say experts


Warnings of uncertainty in UK housing market, but falling pound could spark ‘Brexit bubble’ at top end of London marketA short-term fall in house prices and sales could follow the UK’s decision to leave the EU, according to property experts, although sterling’s slump could lead to a “Brexit bubble” in the most expensive pockets of the market.In the run-up to the referendum there were signs of a slowdown, with the Royal Institution of Chartered Surveyors (Rics) saying uncertainty over the outcome had driven the biggest fall in the number of people trying to buy a property since the financial crisis. Continue reading…

Source : theguardian.com
Read more…House price fall could follow Brexit, say experts

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