A British withdrawal from the EU risks drastically reducing the construction workforce, compromising current plans to build hundreds of thousands of new homes needed to ease the shortage in supply, according to the Brexit report from National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (ARLA).
Compiled with the Centre for Economics and Business Research (Cebr), the report looks at the effect a ‘Brexit’ or a ‘Bremain’ result would have on the UK property market, following the referendum on June 23.
The report highlights a number of short and long-term implications potentially arising from the upcoming vote.