Posts Tagged ‘brexit’
Negative Impact on House Prices on Brexit Vote
The decision for a Brexit taken last thursday and announced last friday looks like having a negative impact on the UK property market as well as other sectors of the economy, at least for the short term. The UK has now entered a period of uncertainty, how much this will affect general confidence and sentiment…
Read More2 days to go
Just 2 days to go. YouGov poll puts the Brexit campaign two points ahead: Remain: 42% (-2) Leave: 44% (+1) (17 – 19 Jun) Last night Jeremy Corbyn faced a live Sky News audience of young people aged 18-35. Mr Corbyn said: “It’s a big decision. If we stay in Europe there are implications, if…
Read More3 Days To Go
Just 3 days to go before the UK’s referendum on whether or not to continue within the European Union, Thursday 23rd June the day to cast the vote, Friday 24th June the result will be known. This is a time of real concern for many individuals whether they intend to vote Remain or Leave, the…
Read Morepossibility of zero interest rates
Projections on the financial markets are now suggesting that interest rates in Britain will not reach 0.75% until May 2020, some experts are infact warning that the Bank of England could even cut rates to zero in the next 12 months. Rates have remained at an all time low now of 0.5% since March 2009,…
Read MoreIs the cost of rent rising?
2015 saw the cost of rent continue to rise, but could things be set to change for the better? At the end of April, the Office of National Statistics reported that the cost of rent in the UK had risen by 2.6% over the last year. In the same period, average weekly earnings grew by…
Read More18% drop in house prices on “Brexit” says George Osborne
The latest prediction by George Osborne that house prices will drop by 18% over 2 years if the UK votes to leave the EU is another attempt to dissuade the “Brexit” supporters, it may have had some credibility if he had not been so precise with the figure, why not 10% or 25%, how does…
Read MoreHeavyweights join in the EU debate.
Two heavyweights in the world of finance joined in the debate over the EU Referendum last week, Christine Lagarde (IMF) and Mark Carney (BoE) both appeared to add their support for the “Remain” in Europe campaign by speculating on the negative effects that would be felt by the UK population in the event they voted…
Read MoreImplications of “Brexit on UK property market
A vote to leave the European Union “Brexit” would cause house prices to fall significantly, George Osborne has said. The Chancellor reportedly said yesterday on the ITV’s Peston on Sunday show “It’s already clear from the Treasury analysis that for example, there would a significant shock to the housing market, that would hit the value of…
Read MoreProperty Transactions likely to slowdown.
The outlook for the UK property market according to certain analysts is looking somewhat unpredictable at present, mainly due to the uncertainty surrounding the EU referendum vote set for 23rd June. Most recent polls give the “Remain” a lead over the “Leave”, however it is close and with a fair number of undecided voters it…
Read MoreElections and referendum causing uncertainty
Only just last week we had the Hometrack cities House Price Index for March 2016 telling us that City level house prices at highest quarterly growth for 12 years, in the report this was put down to seasonal upturn being boosted by investors rushing to beat the stamp duty deadline. The outlook from here on…
Read MoreBREXIT AND BUYING ABROAD.
Well that’s one problem out of the way in this country. Tax changes have happened by 1st April!! Yet, for all the furore and hysteria, however, Buy-to-Let will still go on. ( Not that we’re unhappy because we have seen a surge in interest in Spanish property, specifically for the equivalent of Buy-to-Let, so the reaction to the…
Read MoreMiddle East investors not put off by “Brexit”
The possibility of Brexit does not appear to persuade Middle East investors away from choosing London as their preferred destination when it comes to investing in property in the Capital. A joint survey conducted by estate agency Cluttons and YouGov of 127 high net worth investors from Saudi Arabia, UAE, Qatar, Bahrain, Oman and Kuwait…
Read MoreConservative candidate for London Mayor
Last week we had a brief look at both the Labour and Libdem candidates for London Mayor, today we take a look at Zac Goldsmith, the Conservative candidate, with the vote taking place in around 50 days Zac is trailing Labour’s Sadiq Khan at the moment in the polls but that could all change as…
Read MoreLondon Mayoral elections in May
The EU referendum planned for the 23rd June is really taking the limelight at present what with David Cameron pushing for “remain” since his return from Brussels In February, Boris Johnson putting his weight behind the “leave” campaign, the resignation of John Longworth Head of The British Chambers of Commerce following his fallout over “Brexit”…
Read More“Remain” and “Leave” campaigns.
Since coming back from Brussels in mid February, David Cameron appears to be winning for the “Remain” campaign, that is according to the most recent polling by YouGov. YouGov has been conducting regular polls to gauge the relative success of the campaigns in their infancy. YouGov has carried out five surveys, four of which put…
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