Housing market bouncing back after Brexit vote
As the UK counts 100 days since the Brexit vote, experts believe buyers are now moving forward and getting on with their lives, breathing new life into the property market.
Bank of England figures showed that during July, in the weeks after the vote had taken place, the number of mortgage approvals being made to homebuyers plunged to its lowest level in a year and a half.
But in signs that activity is lifting, the Council of Mortgage Lenders recently reported that mortgage lending rebounded in August – and the body said fears voiced in recent months about the housing market have “proved... read more
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