Brexit concerns outweigh Covid-19 for those looking to retire abroad

“Almost half (46%) of over 50s who are planning on moving abroad when they retire are reconsidering where they might retire to due to Brexit, with a further 44% claiming the uncertainty is making them reconsider their plans altogether. When it comes to Covid-19 concerns, these figures are 39% and 37% respectively.” https://www.financialreporter.co.uk/later-life/brexit-concerns-outweigh-covid-19-for-those-looking-to-retire-abroad.html read more

Scottish Government welcomes 15% increase of new housing supply.

This is the sixth consecutive annual increase in the total housing supply with Housing Minister Kevin Stewart adding: “We want to ensure everyone has a warm affordable home and these figures show we are on target to reach delivering 50,000 affordable homes by 2021.” However, Kevin Stewart fears that Brexit could impact future growth. See below. https://www.scottishhousingnews.com/article/scottish-government-welcomes-15-increase-of-new-housing-supply read more

FCA preparing for risk of NO-DEAL BREXIT

This article (please read) states that it will be business as usual for all financial intuition to conduct transaction if we have a hard line approach with leaving the EU. http://www.financialreporter.co.uk/finance-news/fca-preparing-for-cliff-edge-risks-of-no-deal-brexit.html read more

Mortgage market concerns about ‘Brexit effect’ are justified OR are they????

The government has been heavily criticized for recent calculations on the cost of a UK exit from the EU, but their focus on how this could impact mortgage availability is wholly justified, writes Pad Bamford. The UK isn’t exactly ‘on hold’ until June 23, when the result of the EU Referendum will be known, but it certainly feels like all roads lead back to the vote. As I write, sterling has taken a tumble on the back of opinion polls showing the ‘Leave’ campaign out in front by three points (now seven points) and I read more

Osborn is attempting to miss lead you again

Buyers could be set back an extra £1,500 in the event of a decision to leave the European Union on June 23, as Chancellor George Osborne claims mortgage prices will be sent soaring. In fresh analysis of figures published by the Treasury in April, the Sunday Times reported that a Brexit scenario would pile on between £920 and £1,470 to the cost of a mortgage on an average home priced in £292,000, in March. The analysis, carried out by Britain Stronger in Europe, suggested that first-time buyers, who pay an average of read more

More Crap about Brexit from government puppets or is it “muppets?”

The Bank of England has issued a further warning over the impact of a UK exit from the European Union, with the risk of a “technical recession” now on the cards. Addressing a press conference following the release of the Bank’s Inflation Report, governor Mark Carney said there were a “range of scenarios” that could emerge from an out vote on 23 June, including lower growing and higher inflation, the Telegraph reported. He added that a further scenario could include a “technical recession”, whereby an economy read more