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One more thing - property prices will likely rise because of 1) lower mortgage repayments 2) the pound's drop will incentivise many foreigners to invest 3) stable demand and permanent housing shortfall in the UK. House prices will likely increase by 2% by the end of 2016 and further in the future (go to https://tranio.com/united-kingdom/analytics/the-bank-of-englands-base-interest-rate-drop-what-to-expect-in-the-real-estate-market_5177/tranio.com/.../a>)
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BOE Cuts Interest Rates, Expands Stimulus
One more thing - property prices will likely rise because of 1) lower mortgage repayments 2) the pound's drop will incentivise many foreigners to invest 3) stable demand and permanent housing shortfall in the UK. House prices will likely increase by 2% by the end of 2016 and further in the future (go to https://tranio.com/united-kingdom/analytics/the-bank-of-englands-base-interest-rate-drop-what-to-expect-in-the-real-estate-market_5177/tranio.com/.../a>)