BRITAIN: Only for the rich picking up a bargain in London’s property market with estate agents introduction of ‘ #Brexit Discounts ‘ providing you have at least £1-million to spend – @AceFinanceNews

#AceFinanceNews – Aug.18: ‘Brexit discount’ makes London property cheaper for some

Price cuts of nearly 20 percent and a drop in the value of the pound have created ” #Brexit discount” bargains on some of the most expensive homes in central London — if you have millions of pounds to spare.

The UK property market was one of the first sectors hit by uncertainty after Britons voted to leave the European Union on June 23, at one point forcing more than 18 billion pounds worth of commercial property funds to be frozen.

Some wealthy foreign buyers saw an opportunity, however.

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