In the light of the result of the referendum today experts are predicting all sorts of tragedies to the British economy. One of which is that will probably be a slowing of House prices and early predictions of House prices falling by 10% by the end of the year. Interestingly if you look at the area's i.e. London (Who Voted to Remain) I doubt there will be a lowering of House prices there. One would hope that now we have left the European Union and House prices will fall that some of the our young British couples may be able to afford to buy their 1st home, but No as with everything there is also predictions of the Banks tightening the purse strings.
As we are obviously a Removals company I am unsure as everyone else as to what may happen and it is too early to call, will we be busier or will the the uncertainty that abounds further drive down the costs of a "Good removals company" and drive more people to use cheaper unqualified movers. I for one will not be sorry to see that economic migrants coming here buying a cheap van a pitching up shop hopefully will be stemmed they only serve to drive down prices and devalue our industry.
What would a vote to leave the European Union mean for homeowners and those trying to get on the ladder?
Now the UK has voted to leave the EU, are house prices really going to fall as steeply as some were predicting ahead of the referendum, asks the BBC's personal finance correspondent Simon Gompertz.