United Kingdom Votes To Leave

After 40 years being a member of the European Union the UK has now decided that it has not worked for them and and have made the democratic decision to “Leave”.

Nigel Farage was the first to announce in the early hours of this morning that the vote to leave had won on the figures he had before him at the time, Sky News followed shortly afterwards announcing a victory for ‘OUT”.

Nigel clearly was overjoyed with the victory and said it was a victory for real, ordinary and decent people, that the 23rd June should be remembered for the day the UK took back its independence.

This result was a clear indication that the majority of people in the UK were dissatisfied with the immigration policy and that the the isssue of overload on services including Health, Schooling and Housing was not acceptable anymore.

The pound sterling began to become erratic in its value against the Dollar and Euro from early in the morning dropping by  amounts not seen for more than 30 years, this is likely to continue for some while as the UK enters a period of uncertainty.

The Prime Minister and his cabinet will probably be in an emergency meeting as I am typing this blog, for many this was not an expected outcome, the polls got it wrong and also the Bookies who were way out in their calculation of the odds, last night quotes to remain were at around 10-1 on.

We now await news by the hour, day and week as to what happens next.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

London rents outperform property values

The latest research by London lettings and estate agent, Benham and Reeves, has revealed that rental growth has outperformed house price growth across 26 of London’s 32 boroughs since the start of the year, with rents continuing to climb despite weaker property price performance across much of the capital. Benham and Reeves analysed the average…
Read More →
Breaking News

Rental property availability falls

The number of rental properties available across England fell by 12.1% during the third quarter of 2026, according to new analysis by Dwelly, highlighting an increasingly competitive rental market in many parts of the country. Dwelly is one of the UK’s largest rental property management groups, with more than 15,000 properties under management. The firm’s…
Read More →
Breaking News

Average advertised rents surpass £1,400 for the first time

The average advertised rent of homes outside London has risen to a new record of £1,418 per calendar month, up 1.5% this quarter: Despite a new record rent, annual rental growth has returned to a more stable level of +2.4% Number of available rental homes nationally is 2% lower than a year ago, while renter…
Read More →
Breaking News

Barclays unlocks wider mortgage access for company directors

Limited company directors who meet the income threshold can now have their Profit After Tax (PAT) considered in their affordability assessment regardless of property value The change means that, for a wider group of limited company directors, Barclays will consider a fuller view of the applicant’s income The update is the latest in a series…
Read More →
Breaking News

Homebuyer demand fall in Q3

The latest sales demand data from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q3 2026. The analysis shows that just five counties managed positive growth during the quarter, suggesting that buyers may be holding back, adopting a wait-and-see approach ahead of what promises to be a vital Autumn Budget –…
Read More →
Estate Agent Talk

Alterations can change a property’s rebuild cost

‘Don’t get caught short’ warning to homeowners from valuations experts – alterations can change a property’s rebuild cost Properties change over time. Homeowners may add an extension, upgrade a kitchen or bathroom, alter the layout, or even change how the building is used, but when do those changes mean it’s time for a new rebuild…
Read More →