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I know a lot of EA's and VI's have stated that House prices will rocket on the introduction of HIP because they'll be more demand than supply - However i'm thinking of a different scenario....

I'm fairly certain we're now in a period of capitulation and prices will continue to rise for most of this year. However with people wanting to sell prior to HIP they'll be a flood of properties on the Market early next year sending prices spiralling down. Panic will set in and people will try offloading their properties as quicly as possible and the knock on effect will be they won't be able to get a HIP Inspector in quick enough 'cause there won't be enough of them to do the Surveys!

As a matter of interest how long are the packs valid for? I can see situation where sellers are going to have to pay twice!? :o

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  • 314 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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