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 […]
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 […]
by Stuart Williams 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, […]
by Stuart Williams 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 […]
by Stuart Williams 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 […]
by Stuart Williams 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 […]
by Stuart Williams 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 […]
by Stuart Williams