There's been no shortage of dire warnings of what a 'no deal Brexit' could do to the UK economy.

But one the BOE governor Mark Carney reportedly gave to government ministers could be the worst in recent months.

The Times newspaper says he briefed them on a possible property market crash - with spiralling mortgage rates and house prices falling a whopping 35 percent over three years.

(SOUNDBITE) (English) GLOBAL FINANCIAL ECONOMIST, COMMERZBANK, PETER DIXON, SAYING: "I don't necessarily believe the house prices will fall quite that far, but obviously if the economy tanks then if consumer confidence were to crack and given the extended valuations in the housing sector then certainly possible that we could be looking at a more rapid fall than perhaps we currently anticipate." The doom and gloom did not stop there.

The Guardian newspaper says Carney warned ministers .... that no-deal come March could be as catastrophic as the 2008 global financial crisis ten years ago.

The UK government too is ramping up its warnings.

Saying that outcome could see an increase in mobile roaming charges, an upset in data sharing and force UK motorists to get an international license in order to drive in Europe.

(SOUNDBITE) (English) GLOBAL FINANCIAL ECONOMIST, COMMERZBANK, PETER DIXON, SAYING: "I think these are real threats and there are issues which many of us pointed out in 2015-2016, that if there is a risk of a the UK crashing out of the EU, then many of the benefits that the UK is used to for being in the EU will also disappear." Recent signals from Brussels have buoyed hopes that Britain and EU authorities can approve a proper deal in the next six months.

Though the sides are still divided on one fifth of the detail and the UK's ruling party is split on it too... Perhaps a new threat from France could push the talks further down the track.

Its European Affairs Minister says Eurostar trains heading to Paris from London may NOT be allowed in under in under a no deal outcome.