House for sale with ‘Brexit Discount’

February 28, 2019

It is proposed as the first of its kind – A property for sale with its very own ‘Brexit Discount’. A Simon and Anne Foulkes are selling their home on Littlestone Road home in New Romney with a pre-Brexit discount in hope that it will gain a quick buyer.

Though many will know that Brexit has very little to do with house prices and certainly can not be blamed for the recent years of price hikes, it looks like the fear of a ‘Leave‘ over a ‘Remain‘ following March 29th means uncertainty for house sellers in the face of the current trend of price reductions. Sell quickly with an attractive few £1,000’s off and get in before any significant price falls come in to play might be a very smart fall and especially if prices crash, a fact that some property professionals predict.

With only a few weeks until the promised and promised again March 29th leave date from the EU by the Prime Minister, we are uncertain if we are going to be leaving as per the democratic vote in 2016 or remaining or leaving in name only or in deed just prolonging things further – It is this mess that is causing any negative effective in UK property prices.

Anyway, let us at least praise Brexit as some lucky person(s) can get the said house in New Romney with £10,000 knocked off!

Full story can be viewed on the Kent Online website.

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate

The average two-year fixed mortgage rate for those with a 40% deposit (60% LTV) is now cheaper than the average five-year fixed equivalent, the first time this has happened since the mini-Budget The average two-year fixed, 60% LTV mortgage rate is now 4.18%, while the five-year equivalent is 4.19% The gap between average two-year fixed…
Read More →
Overseas Property

How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas

Off-plan purchases are especially common in developing overseas property markets with a high proportion of international investors. In these less mature markets, a significant share of stock is sold directly by developers, making off-plan transactions a natural sales model. These opportunities appeal to international buyers because they typically require less upfront cash due to extended…
Read More →
Breaking News

Foxtons Lettings Market Index – March 2025

London rental market gains momentum as new rental listings surge, Foxtons data shows   March saw a 14% increase in new rental listings across London compared to February Applicant registrations rose by 11% month-on-month in March. Year on year, demand was stable, tracking just 2% below March 2024 levels The average rent in March stood…
Read More →
Breaking News

UK’s mid-market firms show improved business growth in March but economic uncertainty continues

Key findings: NatWest’s Mid-market Growth Tracker shows improved business growth in March, led by a strong service sector performance SMEs register a softer decline in output levels during March Market conditions remain challenging and we could see continued challenges in the coming months   Mid-market businesses continued to outperform the wider UK economy in March,…
Read More →
Breaking News

ONS Private rent and house prices UK – April 2025

The Price Index of Private Rents (PIPR) measures private rent inflation for new and existing tenancies. The UK House Price Index measures house price inflation. Main Headlines Average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March 2025 (provisional estimate); this annual growth rate is down from 8.1% in…
Read More →
Breaking News

Renters’ Rights Bill – what you need to know

The Renters’ Rights Bill is an extremely important piece of legislation for anyone who rents their home. For those in England (with some elements also covering Wales and Scotland), it represents one of the biggest changes in well over thirty years, and it’s important to be aware of what it might mean to you if…
Read More →