If we vote for Brexit what happens

gfplux

setmefree2 wrote: »

Theresa May

These are her words
And there should be no decision to invoke article 50 before the British negotiating strategy is agreed and clear, which means article 50 should not be invoked until the end of this year."

gfplux

chucknorris wrote: »

Not just a day, just a few mins (As Borris withdrew), I was quite surprised at what a short price Gove was immediately after Borris withdrew (about 9/2) bearing in mind that he might appear as untrustworthy. He is currently 8/1, but who knows what other twists and turns will be introduced before this is played out.

What are the odds now.
Do you have a link as I would quite like to follow the betting.
Thanks

smile88egc

2 houses in my town dropped their asking price today (south west). So it begins!

chucknorris

gfplux wrote: »

What are the odds now.
Do you have a link as I would quite like to follow the betting.
Thanks

No problem, this is from betfair, here is the link that you might want to follow yourself because the odds obviously can change quite quickly:

https://www.betfair.com/exchange/plus/#/politics/market/1.101193124

2/5 May
9/2 Leadsom
10/1 Gove
40/1 Crabb
66/1 Fox

economic

yes prices are already falling. i have got calls from agents about property they have for sale. i told them i just bought.

Rinoa

gfplux wrote: »

These are her words
And there should be no decision to invoke article 50 before the British negotiating strategy is agreed and clear, which means article 50 should not be invoked until the end of this year."

She also said there would be no free movement after we leave. Which surprised me TBH.

peter_we

I spoke to my mortgage advisor yesterday and he was saying things won't change any time soon. He thinks that since it will be two years until we actually leave the EU, things won't start changing until the treaty is signed and again when we leave.

This is just his opinion.

Only Brokers are under the misconception that a massive change hasn't already occurred. Who wants to risk high LTV lending in a falling market, one with potentially no bottom?

Rics -
rics.org/uk/news/news-insight/news/eu-referendum-valuation-uncertainty-in-the-run-up-to-brexit/

Which is a round about way of saying prices have fallen already and will continue to do so/.

wotsthat

Rinoa wrote: »

She also said there would be no free movement after we leave. Which surprised me TBH.

Here's a Guardian article about it.

Quite a different take on what is possible to reduce/ deter immigration and still stay within EU rules. If some of these ideas had been implemented remain would've won by a landslide.

She said reducing net EU migration need not mean undermining the principle of free movement. Well yes so why didn't the government do something about it earlier - it was obvious immigration was people's biggest concern. It's not even as if they argued how brilliant it was because they set such a low migration target.

They could have done UKIP without a referendum if they thought this version of free movement was correct and acted upon it.

http://www.theguardian.com/politics/2016/jun/29/working-eu-uk-free-movement-permit-easy-entry-migrants-jobs-automatic-rights-

booksurr

I genuinely wonder what the house price crash lot get out of their doom sayings.

If they were actually any good at it they would not be posting on here as they would have made a fortune in predicting the market last time and would now be multi millionaires living on their own island somewhere (doubtless predicting that those houses were about to crash too)

DRP

booksurr wrote: »

I genuinely wonder what the house price crash lot get out of their doom sayings.

If they were actually any good at it they would not be posting on here as they would have made a fortune in predicting the market last time and would now be multi millionaires living on their own island somewhere (doubtless predicting that those houses were about to crash too)

Indeed. Plus the fact that many of them have been saying it for years and years.

Perhaps they'll be right one day, but many of the thousands of people who have bought in the meantime will have been happily living in their houses and will be buffered by increased equity.

tl;dr - if you think of property as a home or long-term investment, you won't get stung by a big crash.