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

House price growth remained subdued in July

UK annual house price growth slowed to 1.8% in July, from 2.2% in June House prices were up 0.1% month on month Average time in a home is 14 years: 24 years for those owning outright and 5 years in private rented sector Three quarters of moves were within same tenure type in 2024/25 Headlines…
Read More →
Breaking News

Rent hikes and tighter tenant checks as landlord costs climb

Rising costs are prompting 63% of professional landlords to raise rents, prioritise lower-risk tenants and reassess portfolios Renters face a more expensive and more selective rental market as professional property investors respond to re-emergence of realistic gilt yields, rising operating costs and regulatory change by increasing rents and reassessing tenant risk and selection criteria, according…
Read More →
Rightmove logo
Breaking News

North-South divide for time to move as Londoners see longest wait

New analysis reveals a north-south divide in the time it takes to move home: In London it takes 174 days on average to go from agreeing a sale to completing a move, whereas it takes 141 days in the North East Scotland is the fastest part of Great Britain at 98 days, due to the…
Read More →
Letting Agent Talk

Dispelling the top five biggest letting agent myths

By Sophie Danes, Group Director of Property Management, Lomond   This year has seen the introduction of the seismic Renters’ Rights Act (RRA) as well as other changes affecting the private rented sector (PRS) coming into force, such as the rollout of Making Tax Digital (MTD). As a result, more than ever before, there is…
Read More →
bank of england interest rate
Breaking News

Bank of England Holds Interest Rates at 3.75%

Colleen Babcock, property expert at Rightmove says: “There’s stability for now as the Bank of England holds its Base Rate as widely expected. We’ve seen average mortgage rates increase over the last few weeks as geopolitical tensions have escalated, and the average two-year fixed rate is currently coming it at 5.11%. For broader context, this…
Read More →
New Builds 2020
Breaking News

Average new-build value to surpass £400,000

The latest research from UK Property Development has found that the average price of a new-build home in England is on course to exceed £400,000 by 2027, having risen steadily over the last decade alongside sustained growth across the wider British market. The research analysed average new-build house price data across Great Britain and its…
Read More →