What does Brexit deal mean for house prices?

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The property expert said a number of factors are likely to affect house prices more than a Brexit deal ever would.

He explained: “While job security is going to be a major challenge all across the UK, especially when furlough comes to an end in April, people will quite likely be reluctant to want to move home while worrying about their jobs.

“So the demand for new properties will take a hit and, as with any product, a lack of demand will mean prices will inevitably fall.”

Head of specialist mortgages at Pure Property Finance, Chris Evans, told Express.co.uk he thinks the Covid pandemic has caused a bigger downturn to the housing market than Brexit.



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