UK Property market is set to tumble?
Is has been booming of recent hasn’t it – The UK housing market I am on about… Prices rising, rising and rising and all on the foundations of buy to let investments and increased population increases, added to of course by somewhat open boarders from the current government. Though, even if you have been more assured of house prices rising that Red Rum winning the Grand National, is it all about to now tumble as Brexit fears increase, a clean and no deal Brexit that is ie what many people voted for??
Yes of course, read the small print or the *’s and you will see that house prices are not falling all over that UK and instead it is simply the increase of prices that are declining mostly (hardly falling is it?), though London recently and North East show declines… Isn’t it usually when London sneezes then the rest of the UK will sooner rather than later catch the cold?
A full report on London house prices falling at their fastest rate since 2009 can be read on the Daily Mail Online here: http://www.dailymail.co.uk/news/article-6062573/House-price-growth-slows-lowest-rate-five-years-market-continues-cool-down.html