Rising rates, job losses could trigger a slump in the property market - UBS
That Brexit is a risk to the property market and the UK economy as a whole is a generalized statement now.
However, there are other key risks which could be a direct or indirect impact of Brexit or other factors.
In this segment, Caroline Simmons, who is a Real Estate Strategist at UBS cites rise in interest rates, potential labor market slowdown and expectations of property price slide as the factors that could destabilize the UK property market. Simmons talks to Presenter Jenny Hammond about hosts of issues in the property markets.
Watch this segment to know the impact of a potential BOE rate hike, Article 50 on the property market.
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