Brexit

EU Flag Brexit

Pros and cons of property investment after Brexit

It’s safe to say we’re all looking forward to a time when Brexit is no longer a word we frequently have to use, when we can make decisions and discuss the future without the B word cropping up, when the impending exit from the European Union isn’t hovering in the background making us wonder of its impact. Impact of the referendum Since the referendum in 2016 the UK property market has seen a slow...

Brexit Flag minus Britain Star

No deal Brexit could hit house prices

The political turmoil that Britain is currently experiencing and the negative tone used in much of the news can make it a struggle to see positive outcomes that might arise should the UK leave the EU without a deal on 31 October. Deal or no-deal the UK remains to be an attractive place to purchase investment property for a variety of reasons. Where there is uncertainty property experts see opportunity...

British Pound on United Kingdom flag

The weak pound and why it’s opening the door for foreign investors

Whilst a weak pound might not be ideal for those who’ve headed abroad for their summer holidays this year it’s attracting the attention of overseas investors looking at investing money into UK real estate. Discounted property prices The pound is currently at the weakest it’s been for quite some time and many foreign investors are taking this opportunity to purchase property in the UK Using the...

Brexit Game of Chess UK and EU

Brexit – What’s Occuring? will it effect UK property in 2020?

Brexit – What’s occurring? ‘What a palaver’…are the words being used by some when talking about the UK’s departure from the EU. In recent weeks, the UK government has had a complete overhaul with a new Prime Minister in the form of Boris Johnson, former home secretary Sajid Javid being instilled as the new Chancellor, ardent Brexiteer Priti Patel as Home Secretary, and former lawyer Dominic...

Mark Carney BOE Govenor on Brexits House Prices

Our View – Mark Carney’s Assessment of House Prices after Brexit

In a recent Guardian article the Bank of England governor warns cabinet of high unemployment and sharp house price falls. These house price falls that he is predicating are as much as 25-35% over three years, comparing the outcome of a no-deal Brexit with the fallout from the 2008 financial crash. Our stance at Thirlmere Deacon is that we respectfully disagree with Mr Carney’s comments and we’ve...

2018 autumn budget predilections picture of Philip hammond

What to Expect from the 2018 Autumn Budget

Philip Hammond announced an earlier than usual budget this year, mainly due to the need to create some clarity around numerous financial decisions before a final Brexit deal is reached between the UK and the rest of the EU. With the November deadline looming, the Chancellor will announce the changes to the country, with a focus on ending austerity, and raising an additional £20bn for the NHS by...

Theresa May UK PM

Theresa May Introduces Increase in Stamp Duty for Foreign Investors

Foreign Property Investors Face Increase in Stamp Duty WHAT HAS HAPPENED? Theresa May has set out plans to increase Stamp Duty on foreign investors by an additional 1% to help tackle the UK’s housing crisis, and fund a drive to tackle rough sleeping. May, and the Tories, believe foreign investors have been taking advantage of the UK’s housing market, which has contributed to increasing house...

Banksy Brexit man chipping on EU star

How Will Brexit Affect House Prices in 2019

On June 23rd 2016, the UK public voted to leave the European Union. An outcome few predicted, and the impact of this was felt instantly with the Prime Minister (David Cameron) resigning the following morning, which unsurprisingly caused a drastic downturn in the financial markets. Fast forward a few weeks, and although the Pound Sterling was still relatively weak, the economy itself had rallied around...

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