How will Brexit affect UK house prices? | Bricks & Mortar

The average UK homeowner made more money from their home in the first ten months of this year than in the preceding three and a half years. The question now is whether they will keep this record gain or see it wiped out by a poor Brexit deal.

This week negotiations have stumbled along, leaving the country anxious that it will leave the European Union without the deal it had hoped for.

Andrew Wishart of Capital Economics believes that in a worst case “uncooperative” no-deal, where there is an acrimonious split and few mitigating measures put in place to ease trade, GDP could be down by 2.5 percentage points in 2021.

This grade II listed former farmhouse in Dinton, Wiltshire, is on the market for £2.9 million with Savills

This grade II listed former farmhouse in Dinton, Wiltshire, is on the market for £2.9 million with Savills

JONATHAN STONE

He warns that this is likely to mean that the economy recovers more slowly,

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