Scottish Referendum Slowing Down House Sales

The video discusses the impact of the Scottish independence referendum on the housing and financial markets. Uncertainty over Scotland's currency plan is causing market slowdowns and investor hesitancy. The Bank of England and major UK parties oppose a currency union with an independent Scotland, citing sovereignty issues. This uncertainty affects both economic and political spheres, leading to delayed decisions by investors and consumers. The Yes campaign argues that Scotland's economy can thrive independently. The video concludes with a call for clear financial planning for Scotland's future.

What is causing the slowdown in the housing market according to the first section?

• A lack of available properties

• Uncertainty over Scotland's currency plan

• High interest rates

• Increased property taxes

What is the position of the Bank of England regarding an independent Scotland using its currency?

• It opposes a currency union

• It will allow temporary use of the currency

• It supports a currency union

• It is undecided

How are investors reacting to the uncertainty surrounding the Scottish referendum?

• Investing more in Scottish assets

• Holding onto their investments

• Buying more real estate

• Selling Scottish assets

What does the Yes campaign claim about Scotland's economy?

• It needs support from the UK

• It is strong enough to be independent

• It is too weak to stand alone

• It will collapse without a currency union

What might happen to mortgage rates and house prices if lenders pull back from the market?

• Both mortgage rates and house prices could fall

• Both mortgage rates and house prices could rise

• Mortgage rates could rise and house prices could fall

• Mortgage rates could fall and house prices could rise