With last year's positive signs from the UK property market I thought it was going to recover to its pre-crisis state.
However, the Scottish referendum on Thursday is believed to affect housing prices in the UK. Not only because of the uncertainty it causes at the moment, and will continue to cause after the vote, the stress put on interest rates, plus the questions arising on availability of wholesale funding for lenders make the picture even more worthy of attention. There are also some geographical factors that must be considered.
What's your take on this one?
However, the Scottish referendum on Thursday is believed to affect housing prices in the UK. Not only because of the uncertainty it causes at the moment, and will continue to cause after the vote, the stress put on interest rates, plus the questions arising on availability of wholesale funding for lenders make the picture even more worthy of attention. There are also some geographical factors that must be considered.
What's your take on this one?
Comment