Is UK housing at risk of another downturn? – IG

The question is how Brexit will affect the overseas mortgage business. Experts say that it could be several years before statistics show any trend in the market. The EMF reported that tax changes made in early 2016 make it difficult to tell how Brexit will affect the market. Although there was an immediate impact on consumers after the Brexit vote, it returned to normal. Currently, no trend is being observed. Some think that the number of people living in Britain will allow the market to remain bouyant for the foreseeable future.

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