Thread: Brexit (Old)
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Old 21-01-2019, 10:44   #6683
papa smurf
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Re: Brexit

Quote:
Originally Posted by ianch99 View Post
This is really interesting. At the moment, just impacting the small number of ultra rich house owners but as is the way with the property market, if this gathers momentum, it could turn into a significant market correction.

Not a bad thing in itself as house prices are way over inflated but it will sober minds somewhat as many are banking on their house being their pension asset when they retire or at the very least, hope to use some of the capital liberated in downsizing to fund their children's house buying prospects.

Up to 25% wiped off house prices in some of UK's wealthiest areas



I have a friend in Twickenham trying to sell her house at the moment and she is getting offers £150,000+ below the asking price. When she asked her agent why such low offers, they replied "Brexit".

Oh dear ..
Fantastic news for first time house buyers, ya go brexit
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