House prices 'subdued' amid Brexit impasse

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Property values dropped by 1.6% in March compared with February, but were 3.2% up on a year ago, a lender says.

UK house price growth will continue to be"subdued" during Brexit uncertainty - particularly in London, according to the Halifax.

However, prices were 3.2% higher in the first three months of the year compared with the same period in 2018.A lack of activity from both buyers and sellers meant that prices were unlikely to fall sharply, the Halifax said. However, this meant it was still difficult for many potential first-time buyers to raise a deposit.

Tomer Aboody, director of property lender MT Finance, said:"For the past couple of years March was flagged up as the date when we would get Brexit [but] people have been too busy watching the political shenanigans on television to go out and view houses.

 

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Great news from the biased Brussels broadcasting corporation .

Bringing property ownership closer for first time buyers fantastic news! Brexit Nodeal BBC propaganda machine

Blame everything on Brexit.

Here we go again... brexitbollocks

Headline should be ‘Homes becoming more affordable thanks to Brexit’

My house price is subdued...i spoke to it and it said 'fucking Jacob_Rees_Mogg is getting right up my drains'

That's what I voted for 😲 👵👎

House prices are driven by supply and demand not Brexit Affordability is another factor, house ownership is out of reach fo many. We do not have a housing shortage, we have a people glut, we need population stability.

Along with the rest of the country 🙄

BBC biased Brexit news

If brexit ever comes to fruition wait a good year before engaging in buying or selling property, my thesis

Good they’re ridiculous anyway

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