The influential Home Owners’ Alliance pressure group says Britain pulling out of the EU would probably depress house prices.
The HOA - a group which in the recent past has won considerable media attention and has been included in National Trading Standards Estate Agency Team consultations - gives a cautious warning on the possible perils of exit.
“There are quite a few reasons to think there could be downward pressure on house prices, upward pressure on mortgage costs, slightly lower moving costs, and more expensive extensions. So if you are mortgage free, trading up, with no plans to do building work, you could be better off. But if you have a big mortgage, are trading down and want to refurbish your new house, you could be worse off” claims Paula Higgins, founder and chief executive of the HOA.