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

Rightmove logo
Breaking News

Back-to-school buyer bounce outpaces typical September uplift

New real-time analysis from the UK’s largest property platform Rightmove reveals that buyer demand received a stronger than usual back-to-school boost during the first week of September Buyer demand increased by 5% during the opening week of the month, significantly higher than the average increase of 0.4% seen over the same period during the last…
Read More
Letting Agent Talk

8,500 tenanted homes currently on the market

8,500 tenanted homes currently up for sale as TLP highlights importance of clean client money handovers   More than an estimated 8,500 homes are currently being marketed for sale with tenants in situ across England, according to the latest analysis by The Letting Partnership, presenting landlords with the opportunity to acquire an investment generating rental…
Read More
Estate Agent Talk

Which property types take the longest time to buy?

From complex flats and shared ownership homes to new builds and unusual titles, Lyons Bowe reveals which properties can create the biggest conveyancing workload   The latest insight from Lyons Bowe has revealed which types of property are most likely to require the largest and most complex conveyancing workload, potentially adding more stages to the journey…
Read More
Commercial Agent Talk

Building Site Accidents and Compensation: A Guide for Injured Workers

One mistake, one faulty piece of equipment and an unsafe working setup could cause a construction laborer much more than just aches and pains. One injury can result in medical costs, showing up on working days, reduced income and a path to long recovery. Under certain circumstances, the workers may be entitled to get compensation…
Read More
Estate Agent Talk

First-Time Buyers: Why 4–5 Houses is the Sweet Spot

House hunting before the stress kicks in: Four to five houses is the sweet spot for first-time buyers Just 20% of us feel excited on a first property viewing, rising to 47% by viewings 4 to 5 There’s a U shape trajectory of excitement when it comes to the viewing process However, there is a…
Read More
Breaking News

Two in five mortgage holders switched banks for a better mortgage deal

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage Only 15% of people moving home switched their bank account during the move, while far more switched broadband (46%), energy (38%), and mobile phones…
Read More