UK house prices expected to fall if Britain leaves EU

London

BRITISH house prices are set for their first fall in nearly four years over the next few months as the European Union referendum and a new tax on landlords turn buyers away, property valuers said on Thursday.

For the first time since November 2012, a majority of members polled by the Royal Institution of Chartered Surveyors said prices over the next three months were expected to fall, though most still saw an increase over a 12-month horizon.

Britain votes on June 23 on whether to stay in the EU and finance minister George Osborne warned homeowners last month that house prices could dr…