Thursday 19 May 2016

First-time buyers would benefit from Brexit, says Moody's

Ratings agency says fall in house prices and less competition triggered by vote to leave EU would make homes more affordable

First-time homebuyers in the UK would benefit from a vote to leave the EU, according to a leading ratings agency.

Moody’s said a fall in house prices and lower competition for housing triggered by a Brexit would make it more affordable for people trying to get on the property ladder for the first time.

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