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. Have a new story to share with us? Then please get in contact today!

You May Also Enjoy

Breaking News

Burnham’s property and land tax: what would it mean for property owners?

With reports suggesting that property and land taxes could be on the cards under Burnham,  Simon Gerrard, Chairman of Martyn Gerrard Estate Agents, comments on what these proposals could mean for homeowners, particularly those in London who are likely to bear the brunt of any changes, given the capital’s significantly higher property values.   On uncertainty:…
Read More →
Property for sale
Breaking News

Homebuyers can save up to 47% by looking next door to the UK’s priciest postcodes

New research reveals how much less buyers could pay in postcodes neighbouring the UK’s most expensive locations Homes in these neighbouring areas are 28% cheaper on average, with the biggest gap reaching 47% in the North East Significant savings also seen in London, Scotland, Wales and Northern Ireland   Homebuyers could save up to 47%…
Read More →
Finance

Your First-Time Buyer Mortgage Journey

Introduction Buying your first home is one of the biggest financial decisions you’ll ever make, and the mortgage process can feel like a maze of unfamiliar terms, forms and waiting. The good news is that mortgages for first-time buyers follow broadly the same path, and once you understand the stages involved, the process becomes far…
Read More →
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau…
Read More →
Breaking News

London property values set to fall

The latest market analysis from House Buyer Bureau has found that London is now the only region of Britain where house prices continue to trend downwards, with the average home in the capital forecast to lose almost another £5,000 in value before the end of the year should current market conditions persist. House Buyer Bureau analysed…
Read More →
Breaking News

Second-steppers turn to higher LTV mortgages as deposits fall

Barclays mortgage data shows the average value of home movers’ (non-first-time buyers) deposits fell -24.8 per cent year-on-year However, the average purchase price for home movers increased 1.0 per cent year-on-year in June, as borrowers make use of higher loan-to-value mortgage products to climb the ladder 34 per cent of prospective second-steppers say they feel…
Read More →