Has fear of brexit spooked you buying a house ?

[rs4al]

So after mr Carney et al stating that a brexit would have dire consequences for the economy and house prices,

I'm personally starting to think buying a house before the referendum is a bit of a risk especially if we do leave and the talked about house prices drop by 10-20%., I'm quite lucky in having already sold my house and ready to move.

Anybody else in the same boat ?

[rs4al]

garyhun said:

As if. Get your tin foil hat off.

Aha a leaver it's a valid question and I bet more people are having the same thought, certainly the property market where I am has slowed right down and that can only be the uncertainty caused the referendum.

[rs4al]

Maybe I should just plough my equity into a GT3 RS.....

It was only a thought about house prices but there is definitely something afoot in the housing market, new builds round here are now advertising offers, which was unheard of a few months ago.

[rs4al]

superlightr said:

As always it depends on where you want to buy. The SE East/west Sussex has been and still has massive demand for sales and rents. We cant get enough properties to rent out to meet the demand.

I cannot see house prices falling at all, they are increasing as are rental prices. If you buy in a bad area then prices may go up or down but we all know of the 'good' areas of local locations - the question is if you can afford to buy there or take more of a risk for a cheaper location.

OP Buy the house. Live in it, enjoy it. A house is a house is a house you cant live in a Pound. A house will always have a value and will generally follow what other 'trends' are doing for other houses nearby. Again location is key.

Too true...shame all the bloody sellers are not putting their houses on the market because brexit !