UK house prices could crash by as much as a fifth if
Boris Johnson pursues a no-deal Brexit, and the biggest falls would be in
London and Northern Ireland. Reflecting the potentially vulnerable state of the
property market as Brexit looms, KPMG said house prices would fall by between
5.4% and 7.5% across different regions next year if a new agreement with
Brussels was not in place by 31 October. The analysis of average house prices
across the country showed no deal could trigger a nationwide decline of about
6% in 2020 and that and a drop of between 10 and 20% was “not out of the
question” if the market reacted more strongly than expected. Read more on the
Guardian website.
Won’t somebody please think of Britain’s poor £2m homeowners? Oh, wait –
everyone already is | Jonathan Liew
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Contrast the furious reaction to Rachel Reeves’s ‘mansion tax’ to the
response offered to those living with real housing injustice: indifference
The new ...
15 hours ago
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