Scottish property sales expecting slump due to Brexit uncertainty
Scottish property and their values have enjoyed a fairly positive outcome over the last few years in seeing many price increases though somewhat at a slower pace of recent months.
Brexit, a spanner in the works for many, is though reported by Herald Scotland online that it may bring a decline in property sales over the next three months as uncertainty intensifies. Prices are expected to fall over the lead up the March 29th with a not so positive outlook for the next 12 months.
A slump in house prices could mean more pressure on housing such as new builds less likely to happen and new landlords and rental property coming on to the market. Rental prices thus likely to increase furthering pressure on the current housing situation across the UK as a whole.