U.K. Housing Hits Hard Times as Buyers Balk at Risk

The video discusses the uncertainty in the housing market due to potential tax changes, Brexit, and general elections. It highlights the impact on the London property market, noting a decline in international buyers, particularly Russians. Foxtons is mentioned as a market indicator, with surveys predicting price drops. The video also covers the challenges of obtaining mortgages under new underwriting standards and the influence of potential taxes on high-value properties.

What factors are contributing to the current uncertainty in the housing market?

In what ways are buyers' nervousness impacting home purchases in the current market?

How has the involvement of foreign buyers, particularly from Europe and Russia, affected the London property market?

What are the implications of the new mortgage rules on potential homebuyers in London?

Discuss the potential effects of tax changes on the high-end property market in London.