{"id":20054,"date":"2016-07-18T17:58:39","date_gmt":"2016-07-18T10:58:39","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-could-cut-london-house-prices-by-more-than-30-says-bank\/"},"modified":"2016-07-18T18:03:31","modified_gmt":"2016-07-18T11:03:31","slug":"brexit-could-cut-london-house-prices-by-more-than-30-says-bank","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-could-cut-london-house-prices-by-more-than-30-says-bank\/","title":{"rendered":"Brexit could cut London house prices by more than 30%, says bank"},"content":{"rendered":"


\nSoci\u00e9t\u00e9 G\u00e9n\u00e9rale warns high-end properties could even halve in value as companies move top staff abroad London property prices could fall by more than 30% in the wake of Britain\u2019s vote to leave the EU and may halve in the most expensive parts of the city, according to analysts at the French bank Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.Brexit may be the trigger to end London\u2019s seven-year house-price boom as companies move employees out of the UK, forcing sales of high-end properties, the company\u2019s real estate analyst Marc Mozzi said in a note to clients. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Brexit could cut London house prices by more than 30%, says bank<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Soci\u00e9t\u00e9 G\u00e9n\u00e9rale warns high-end properties could even halve in value as companies move top staff...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-20054","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5ds","jetpack-related-posts":[{"id":20326,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-takes-a-bite-out-of-quick-sale-london-property-prices\/","url_meta":{"origin":20054,"position":0},"title":"Brexit takes a bite out of quick-sale London property prices","date":"July 20, 2016","format":false,"excerpt":"\r What is the cost of having to raise money quickly by selling London property? Almost 15 per cent based on the sale of two properties on Oxford Street, the United kingdom's busiest shopping thoroughfare, since Britain voted to leave the European Union.Aberdeen Asset Management's UK Property Fund accepted a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34578,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londons-top-boroughs-see-prices-plummet-most-in-five-years\/","url_meta":{"origin":20054,"position":1},"title":"London's top boroughs see prices plummet most in five years","date":"November 16, 2016","format":false,"excerpt":"\r Land values in central London's best districts fell 10.3 per cent in the year through September, the biggest fall in at least five years, as higher taxes and the Brexit vote cause luxury home prices to fall.Banks are less willing to lend for site acquisitions and construction, fuelling the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23189,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-central-london-homes-at-bargain-basement-prices-post-brexit\/","url_meta":{"origin":20054,"position":2},"title":"Prime central London homes at bargain-basement prices post-Brexit","date":"August 17, 2016","format":false,"excerpt":"\r Price cuts of nearly 20 per cent and a drop in the value of the pound have created \"Brexit discount\" bargains on some of the most expensive homes in central London - if you have millions to spare.The UK property market was one of the first sectors hit by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45142,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barratt-to-pay-out-more-to-shareholders-despite-london-sales-slump\/","url_meta":{"origin":20054,"position":3},"title":"Barratt to pay out more to shareholders despite London sales slump","date":"February 22, 2017","format":false,"excerpt":"\r Housebuilder appears to brush aside Brexit uncertainties despite being forced to cut prices of top properties in capitalOne of Britain\u2019s biggest housebuilders has surprised shareholders with an enhanced cash payout, despite its decision to cut prices on some of its most expensive homes in London amid waning demand.Brushing aside\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21879,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-central-london-house-prices-tumble-by-most-in-seven-years-and-values-face-major-shock\/","url_meta":{"origin":20054,"position":4},"title":"Prime central London house prices tumble by most in seven years and values face 'major shock'","date":"August 3, 2016","format":false,"excerpt":"\r BloombergHome prices in London's Knightsbridge district dropped 7.3 per cent in the 12 months through July, the biggest annual decline in almost seven years, as Britain's vote to leave the European Union accelerated price drops caused by rising taxes.Values fell 1.5 per cent across central London's best districts, with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70784,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-falling-uk-house-price-growth-to-halve-with-capital-worst-hit\/","url_meta":{"origin":20054,"position":5},"title":"London falling? UK house price growth to halve with capital worst hit","date":"November 2, 2017","format":false,"excerpt":"\r Decades-long trend to be reversed as Savills predicts homes in north-west and north-east to rise at twice the London rate in next five yearsLondon house price growth is forecast to lag well behind other regions over the next five years, reversing a trend stretching back decades, according to a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20054"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=20054"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/20054\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=20054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=20054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=20054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}