EU…Brexit effect on property value

November 4, 2015

Many believe the effects of a UK referendum on whether we stay or leave the EU  will have an impact on property prices if the vote is to leave.

According to  eMoov who  recently carried out a poll on the matter, some 55% believe that leaving the EU will have an impact on house prices, of those 34% see a positive effect and 21% see a negative effect on the value of their homes.

Russell Quirk Chief execuitve officer for eMoov reportedly said ‘The consequences of exiting the European Union stretch far beyond its effect to UK property prices, however homeowners across the nation are understandably apprehensive as to the impact it could have on their property price, as our research shows,’

He concluded  ‘This said, post-election stability failed to revive the high end London market, so who’s to say the same won’t happen if we do come out of the EU,’

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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