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Brexit scares off first‑time buyers and house movers

First Time Buyer Remortgage Moving Home. Post-Brexit: now’s a good time to review your mortgage .. you will no doubt be working hard to pay off your mortgage as soon as possible to give you some breathing space for the future, whether that’s helping to support your children through.

2 thoughts on " 2019: The year of Brexit and its impact on the mortgage market " Amanda holmes March 16, 2019 at 12:48 pm. We are thinking of moving our morgage to a bank from building society. Do you think this is a good move to make during brexit

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How will brexit affect house prices?. But potential first-time buyers have suffered years of saving for a deposit, only to see owning a home become a more distant dream as prices rise quicker than their wages or savings.. homeowners aren’t trying to sell, buyers are holding off buying.

House prices are set to rise in the north but economic uncertainty may see fewer properties on the market It’s set to be a great year for homeowners in the north as prices continue to creep.

The mortgage market got off to a strong start to the year in January, with the number of first-time buyers and home movers up on a year earlier. Trade association UK Finance said some 25,100 new.

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One month post-Brexit, reallymoving are publishing a detailed analysis of its impact on the UK property market. Read our blog to find out the impact of Brexit on the UK property market. About us

More than half (55%) of aspiring first-time buyers with a deposit at the ready are holding off on buying as a result of Brexit – the equivalent of at least 136,000 people across the UK. Most (75%) of those holding off on account of Brexit say that the economic future is simply too uncertain to buy a property at the moment.

No one can predict the future, and that’s exactly the reason we’ve avoided trying to give advice like this on the site. However, with the news that 55% of first time buyers ready with a deposit are waiting until after Brexit, we felt like it was time to share a little of our knowledge.