{"id":98878,"date":"2018-10-01T13:00:16","date_gmt":"2018-10-01T06:00:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-wait-to-buy-because-brexit-might-make-house-prices-fall\/"},"modified":"2018-10-01T13:03:36","modified_gmt":"2018-10-01T06:03:36","slug":"should-i-wait-to-buy-because-brexit-might-make-house-prices-fall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-wait-to-buy-because-brexit-might-make-house-prices-fall\/","title":{"rendered":"Should I wait to buy because Brexit might make house prices fall?"},"content":{"rendered":"


\nI\u2019m trying to buy a property in Oxfordshire but some friends say I should hold off on the dealQ I am trying to buy a property in Oxfordshire but some of my friends have advised me to postpone any purchase\u00a0because\u00a0of the possibility of a no-deal Brexit.\u00a0Some people believe property prices will go up while others believe that prices will fall. So I can\u2019t decide whether it\u2019s the right time to buy or whether I should wait. Can you tell me what to do?RGA No, I can\u2019t tell you what to do and nor can I predict the\u00a0type of Brexit we\u2019ll end up with next March or how it will affect house prices. But I can shed light on what the experts think. The governor of the Bank of England. Mark Carney, has warned that if it all goes horribly wrong and we face a \u201cdisorderly\u201d Brexit (which means a no-deal one), the economy will suffer, unemployment, consumer prices and interest rates could\u00a0rise\u00a0while\u00a0\u2013 in a worst case scenario\u00a0\u2013 house prices could fall by as much as 25% to 30%. So your friends who think that house prices will fall could have a point. On the other hand, so could your friends who think that house prices will rise\u00a0\u2013 although it\u2019s more a case of prices rising but not quite as quickly as they were predicted to pre-EU referendum. Back in February this year, experts were predicting that house prices would stop going up or, at the very least, go up by no more than 1%. They weren\u2019t far off but according to figures recently published by the Office for National Statistics, average house prices in the UK have, in fact, \u00a0increased by 3.1% in the year to July 2018 (down from 3.2% in the year to June 2018). Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should I wait to buy because Brexit might make house prices fall?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019m trying to buy a property in Oxfordshire but some friends say I should hold...<\/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-98878","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-pIO","jetpack-related-posts":[{"id":78963,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-delay-buying-my-first-home-because-of-brexit\/","url_meta":{"origin":98878,"position":0},"title":"Should I delay buying my first home because of Brexit?","date":"February 5, 2018","format":false,"excerpt":"\r I\u2019ve got a deposit and am excited about buying \u2013 but friends tell me to wait in case prices fall Q My husband and I are finally in a position to buy our first home after many years of saving for a deposit. 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Home values in the city have finally turned negative, according to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110791,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-uncertainty-triggers-first-september-fall-in-house-prices-since-2010\/","url_meta":{"origin":98878,"position":2},"title":"Brexit uncertainty triggers first September fall in house prices since 2010","date":"September 16, 2019","format":false,"excerpt":"\r Rightmove says average price down by \u00a3730 as sellers wait to see how Brexit plays outHouse prices have fallen in September for the first time since 2010 as Brexit uncertainty continues to cast a long shadow over the UK housing market, according to the estate agent Rightmove.The UK\u2019s biggest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25085,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-developers-at-cityscape-hope-lower-pound-will-restore-interest-after-brexit-vote\/","url_meta":{"origin":98878,"position":3},"title":"UK developers at Cityscape hope lower pound will restore interest after Brexit vote","date":"September 5, 2016","format":false,"excerpt":"\r British property developers will be hoping the weak pound will attract investment into the sector as the Cityscape Global exhibition gets under way.More than a dozen property brokers and developers from the UK have taken space at the Dubai property show this year, including new entrants Stanhope, which is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-price-fall-could-follow-brexit-say-experts\/","url_meta":{"origin":98878,"position":4},"title":"House price fall could follow Brexit, say experts","date":"June 24, 2016","format":false,"excerpt":"\r Warnings of uncertainty in UK housing market, but falling pound could spark \u2018Brexit bubble\u2019 at top end of London marketA short-term fall in house prices and sales could follow the UK\u2019s decision to leave the EU, according to property experts, although sterling\u2019s slump could lead to a \u201cBrexit bubble\u201d\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36924,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-truths-house-price-rises-to-slow-to-trickle-as-brexit-and-stamp-duty-hit\/","url_meta":{"origin":98878,"position":5},"title":"Home truths: house price rises to slow to trickle as Brexit and stamp duty hit","date":"December 3, 2016","format":false,"excerpt":"\r The London market has lost its shine, experts say, and even regions seeing positive growth could be hit by further political uncertaintyOngoing uncertainty over the manner of the UK\u2019s departure from the EU is likely to weigh down the property market in 2017, say experts, who predict little or\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\/98878"}],"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=98878"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98878\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}