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

Estate Agent Talk

Buying Alone? What Solo Buyers Need to Know Before Making an Offer on a House

Figures show that solo buyers accounted for 36.9% of Barclays’ mortgage completions in June 2026, as more people chose to step onto the property ladder without a partner beside them. Choosing independence over waiting for a joint purchase has doubled over the last 50+ years, with solo first-time buyers doubling from 15% before 1980 to…
Read More →
Estate Agent Talk

How to Make a New-Build Living Room Feel Less Like a Show Home

An empty new-build living room can be surprisingly difficult to furnish. The walls are freshly painted, the sockets are in place, and there is nothing to remove before decorating begins. Yet once the sofa arrives, the room can still feel unsettled: too bare in some places, awkwardly crowded in others. The answer rarely involves buying…
Read More →
Breaking News

Mortgage Borrowing Dip

Key points: Net borrowing of mortgage debt by individuals decreased to £3.9 billion in September, from £4.2 billion in August, below the previous 6-month average of £4.9 billion. Net mortgage approvals for house purchases decreased to 53,400 in September, below an average of around 58,800 over the previous 6-months. Approvals for remortgaging increased to 42,600…
Read More →
Breaking News

Autumn Budget 2026: Property industry reaction

Following today’s Autumn Budget, reaction from property industry experts on six key areas for the property market. First-time buyer support: The £4.7bn Your First Home equity loan scheme, supporting 70,000 buyers, alongside the introduction of a new First Time Buyer ISA. Inflation and borrowing costs: The extension of the fuel duty freeze, household energy support…
Read More →
Breaking News

Can you legally BAN Halloween Trick or Treaters?

People who dread the annual knock of trick-or-treaters may have more power to keep Halloween callers away than they realise. As millions of children prepare to take to the streets on October 31, a property law expert has explained what homeowners can do if they do not want strangers walking up their path or knocking…
Read More →
Estate Agent Talk

What the sector need to do differently to give first time buyers a chance

By Peter Hawley, Director, SOWN (part of LRG) The mortgage and property sector needs to stop assuming that younger buyers are either ready to buy outright or not ready at all. For many, the reality is somewhere in between. They may have stable employment, a deposit and a strong desire to own, but still find…
Read More →