If we vote for Brexit what happens

divadee

We have been in this dilemma and just on Saturday put an offer on a property and had it accepted. It's not a forever home but it's a 10 year home and in that time we would of been spending £900+ a month on rent as opposed to £700 for a mortgage.

If the market crashes we have a property that we can live in for longer. We got a 5 year fixed rate to give us a bit of extra security so we know we are.

No one can say what will happen. It is still a very strong market down here as not a lot is coming on so it is still supply and demand. Things sensibly priced go sstc in less than a week. People that are being overly optimistic with price are having to reduce. But I have only been 2 or 3 right move alerts a week since brexit so nothing really is coming on.

CLAPTON

mayonnaise wrote: »

Brexit uncertainty has hit UK business


http://www.bbc.co.uk/news/business-36757795


Haven't these people heard about Conrad's new age of prosperity?

good heavens
we have fallen to a 2 year low:
what was so awful about two years ago : were we not in the EU then when everything was wonderful?

MobileSaver

Harper123 wrote: »

Or does everyone on here that wants a crash, ... just wants it to crash long enough for them to buy somewhere?

That's the fundamental flaw in the Crashy and HPC crowd's thinking; they all want prices to crash but then somehow they're all going to time their house purchase absolutely perfectly so that the very next day prices stop going down...

cells

CLAPTON wrote: »

good heavens
we have fallen to a 2 year low:
what was so awful about two years ago : were we not in the EU then when everything was wonderful?

There was about a million fewer in employment two years ago and the budget deficit was worse if we return to that its no good thing

mrginge

Resistance to change is a difficult issue for organisations to manage.

Reactions to Brexit so far are pretty much textbook examples. Even the limited responses so far from the likes of carney/Gideon follow the classic approaches to dealing with change.

That is not to say there is nothing to be concerned about, clearly we have to deal with this change in a careful and sensitive way. But nothing I see so far in the *very* short time since the vote is in any way unexpected.
Certainty will start to return as more of the issues are resolved or positions fleshed out over the next few months.


The one thing that is certain though is that change is inevitable. Those who resist to the point that they become so disruptive that they start to impact on others who have accepted the change ultimately lose out - often through some level of exclusion.

Spidernick

mrginge wrote: »

Resistance to change is a difficult issue for organisations to manage.

Reactions to Brexit so far are pretty much textbook examples. Even the limited responses so far from the likes of carney/Gideon follow the classic approaches to dealing with change.

That is not to say there is nothing to be concerned about, clearly we have to deal with this change in a careful and sensitive way. But nothing I see so far in the *very* short time since the vote is in any way unexpected.
Certainty will start to return as more of the issues are resolved or positions fleshed out over the next few months.


The one thing that is certain though is that change is inevitable. Those who resist to the point that they become so disruptive that they start to impact on others who have accepted the change ultimately lose out - often through some level of exclusion.

Could they perhaps try this?:

CLAPTON

cells wrote: »

There was about a million fewer in employment two years ago and the budget deficit was worse if we return to that its no good thing

you mean things were that bad : presumbaly due the the incompetence of the EU economic leadership?

mrginge

Spidernick wrote: »

Could they perhaps try this?:

Actually the irony in your post is that the Borg collective is more akin to the EU model, where individual planets are assimilated into the single Borg entity with no freedom to develop individually.

nkomp18

CLAPTON wrote: »

you mean things were than bad : presumbaly due the the incompetence of the EU economic leadership?

And we are in the EU now and will continue to do so for at least 2 years. Everything that's happening now is nothing compared to what will happen after Article 50 is triggered.
The next 5 years will be a very bumpy ride. UK maybe will survive it, or maybe not. We shall have to see

brodawel

It's an interesting thread reading so many different views. Some think wait, others disagree.

Personally I think it's the house that trumps all other options. If you find a house you like and you get that feeling as soon as you enter and you know it's the one, well that's decided it and I'll do whatever I can to secure it, including offering more than I normally would to make sure I get it. Whatever is happening in the market I'm not going to hold off buying the house that ticks nearly all the boxes. I can't understand people who have pulled out just because of the vote result. It's hard enough to find a house these days without problems such as rights of way, shared bits, planning issues, restrictive covenants, condition, good area...and one that you like! It's exhausting.