No-deal Brexit would take a chip off UK home values: Reuters poll - Dealers Care

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Friday, 22 February 2019

No-deal Brexit would take a chip off UK home values: Reuters poll

By Jonathan Cable LONDON (Reuters) - Britain's overvalued housing market will undergo a modest correction if the country leaves the European Union at the end of next month without a deal, a Reuters poll found, with London being affected to a greater degree. Negotiators are still scrambling to reach agreement, and if they fail then home prices in the capital, which has long been a magnet for foreign investors, will fall 3 percent in the six months after the March 29 split. Nationally, prices will drop 1 percent, the Feb.

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