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Will Brexit have an immediate effect on house prices?

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It is unlikely that house prices will take a hit straight away but it is possible that we will see slower price growth and fewer transactions going through in the coming months. This is due to economic uncertainty as buyers and sellers tend to adopt a ‘wait and see’ attitude. There is already evidence of a drop in transactions in the weeks leading up to the referendum even though prices remained stable.

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0292 267 0274

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