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Will Brexit Have Any Impact on the Property Market?

The Mortgage Centres
The Mortgage Centres
November 15, 2019

The property market traditionally begins to slow in the autumn, as people gear up for Christmas and the New Year celebrations; depending on the weather, interest revives in early spring, gaining momentum through the summer months. For the average seller/buyer, any movement on prices – up or down – reflects these levels of activity, however marginal.

Consequently, despite prophets of doom predictions, it is unlikely that Brexit – whether with or without a deal – will have an impact on the market. Interest rates are low, and there are some good mortgage deals available, including the various Government-sponsored initiatives on new build homes. Developers are also offering schemes, including Part-Exchange*.

Our advice – as always – is to seek independent guidance on the most appropriate financial options for your personal circumstances. So, be clear on what you want, where and why; whether selling or buying, take your time to check out the market, and feel free to consult our friendly, trained experts.

*T&C’s apply

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