21 June 2016 |
English property law has remained largely untouched by European law. As such, the legal process of buying, selling and renting property in prime central London will face very little change irrespective of the outcome of the Brexit vote. An example of a change brought about by European law is the introduction of energy performance certificates (EPC) following an EU Directive on the energy performance of buildings. The requirement to have an EPC is peripheral to the legal process of buying or renting and therefore the legal process would not be shaken by the repeal of this law. Of far greater concern is the impact that a possible Brexit may have on inward investment and investor confidence in the prime central London housing market.
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