London 's ratings agency has reported that houses would be more affordable for first - time buyers - who are currently priced out of the market - if the UK were to leave the EU . The agency predicted that house prices would drop and rental inflation would rise following Brexit 's impact on immigration . The IMF and estate agents have also said that a vote to leave the EU could result in a sharp drop in house prices . “First-time buyers would benefit from lower competition for housing, as house price and rental inflation would slow down if immigration is curbed,” said Gaby Trinkaus, a vice president and senior analyst at Moody’s. Of course , on the market for homeowners , that means prices in London could fall by as much as £ 7,500 while homeowners in the rest of the country could lose £ 2,300 , according to the National Association of Estate Agents .
London 's ratings agency has reported that houses would be more affordable for first - time buyers - who are currently priced out of the market - if the UK were to leave the EU . The agency predicted that house prices would drop and rental inflation would rise following Brexit 's impact on immigration . The IMF and estate agents have also said that a vote to leave the EU could result in a sharp drop in house prices . Of course , on the market for homeowners , that means prices in London could fall by as much as £ 7,500 while homeowners in the rest of the country could lose £ 2,300 , according to the National Association of Estate Agents .