A prounced Brexit effect on UK house prices was unclear up to now but recently released figures indicate we are now seeing a trend. It appears that the very wealthy areas of London are seeing strong downward pressure on prices.
One report indicates the areas such as Balham and Putney are seeing a fall in prices of 12-14% with others reporting falls of greater than 15%. London city centre areas were at the centre of the UK property boom. Many felt a correction may have been needed here.
In any case other areas of the UK are not seeing the same pattern.
Continue reading Update on the Brexit effect on UK House prices