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Has Brexit affected house prices in our region?

Across our region we have some of the most expensive places to buy a home outside of London - and getting on the property ladder is a struggle.

But has Brexit - started to effect house prices? Since the referendum result there has been plenty of speculation that prices will start to fall.

Interviews with: Tom Clarkson, Walker & Waterer in Whiteley and Cuan Ryan, Butler Sherborn in Wantage


Anger that one in four homes at Brighton Marina sold to second-home owners and overseas buyers

There's been anger in Brighton after it was revealed around a quarter of new homes in its Marina development have been sold to second-home owners and overseas buyers.

The city now has the third highest levels of homelessness in the country, and campaigners say the development is doing nothing to solve Brighton's housing crisis - with residents priced out.

Andy Dickenson reports and speaks to Living Rent campaigner David Gibson, Andrew Goodall of Brunswick Developments, and Cllr Anne Meadows of Brighton and Hove City Council.

House prices keep rising in Surrey

House prices have shown a steep rise in Surrey Credit: ITV

The average price of a house in Surrey costs more than 15 times the average salary. According to Government statistics, in Guildford the average coat of a home in Guildford is more than £470,000.

Gatwick expansion 'would deliver economic benefits'

Gatwick Airport says expansion there is the only way forward Credit: ITV

Gatwick Airport has responded to the Transport Committee Third Report 2015-16: Airport expansion in the South East.

The Transport Committee’s astonishing statement that the arguments ‘for and against airport expansion have changed little in a quarter of a century’ ignores the significant change within the aviation industry following the break-up of the BAA monopoly in 2009 - and the worsening of air quality in the UK which has repeatedly halted Heathrow’s plans in the past.

In one key respect, however, the committee is right to say that nothing has changed - Heathrow is still undeliverable. Fortunately, there is now a credible alternative at Gatwick that can mean Britain finally gets on with it.

The opportunity to end decades of delay and false starts can only be achieved by giving the green light for Gatwick expansion. Gatwick is the only scheme which can actually deliver the economic benefits airport expansion would bring without the dramatic and unacceptable impacts on noise and air quality.

– Gatwick Airport


Renters pay landlord equivalent of mortgage deposit

Housing charity calling for more affordable housing Credit: Rui Vieira / PA Wire/Press Association Images

The government need to invest in homes which people can afford, according to the housing charity, Shelter.

Shelter say renters in our region have paid an average of £47,000 to their landlord in the last five years. That's the equivalent of paying a 18% deposit on the average first time buyer home.

And in Guilford, renting a two bedroom property would have set you back more than £64,000.

When just five years of rent could get you the deposit on a house, it's no wonder the South East's renters feel like they're getting a raw deal, paying through the nose for something they can never call their own.

Our drastic shortage of affordable homes is leaving millions of people stuck in their childhood bedrooms in a bid to save money, or in expensive and unstable private renting with little hope of ever saving for a home to put down roots in.

It doesn't have to be this way - the government can turn things around by investing in homes that people on ordinary wages can actually afford to buy, or rent for the long-term."

– Campbell Robb, Chief Executive, Shelter

Domestic abuse protestors interrupt Portsmouth budget meeting

The meeting was stopped for 10 mins as protestors let off confetti and chanted Credit: ITV Meridian

A key Portsmouth City Council meeting on budget cuts had to be temporarily stopped because of protests.

Demonstrators against proposed council cuts to domestic violence services in Portsmouth let off confetti in the chamber and chanted until they were removed.

The council has to find £11m of savings this year - and had proposed cutting funding to domestic abuse services by £130k. Today councillors announced that funding would be found to continue the service for this year at least.

A local tax rise of the maximum 3.99% for the next four years is also being proposed, as are cuts to the fire service.

Watch Sam Holder explain in a live report from outside Portsmouth Guildhall:

Protest on steps of City Hall

Women fearing budget cuts protest on city hall steps head of crunch meeting.

The city council has already made £74.4m of savings over the last five years. But city hall bosses needs to save at least another £31m over the three financial years from April 2016.

The £31m will have to come out of the £207m of spending under the council's control. Almost half of the £207m is spent on looking after vulnerable adults and children.

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