UK Property Market Snapshot: August 2015
June was a volatile month for all asset classes following Greece’s failure to make a payment to the IMF. This was the first time a developed country had missed a payment, with the last country to have done so being Zimbabwe back in 2001.
As negotiations with creditors broke down the Greek government called a referendum as to whether or not to accept the European Central Banks bailout conditions or not. Having taken place on the 5th July, the vote was perceived as an ‘in-out’decision on Greece’s ongoing membership of the Eurozone. Download full PDF above.