INTERNATIONAL: Property experts see a 1-in-3 chance of a London house price crash

PHOTO: Simon Dawson | Bloomberg | Getty Images

• A Reuters poll claimed that a disorderly Brexit could see property prices in London tumble.
• The property market in London has slowed because of a lack of affordability.
• On Thursday the Bank of England will release mortgage approvals and consumer credit figures for July.

House prices in London could tumble if Britain leaves the European Union without striking a deal, according to a Reuters poll of real estate specialists.

The average data from a poll of 30 property analysts revealed that prices in the U.K. capital are expected to fall by 1.6 percent this year and 0.1 percent in 2019.

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