BREXIT - Advice from Money Man Derby

Brexit: What Happens Next?

Brexit: What Happens Next Now That October 31st Deadline Has Passed

Brexit: What Happens Next? The October 31st Brexit deadline is now behind us and we wait to see what happens next. It leaves us wondering what the next move is for the UK. For those in the property market, both buying and selling it can leave you with a degree of uncertainty.

It can be challenging to know where to find reliable advice. Looking to move at this time it can be difficult to know what action to take, potentially missing out on some great opportunities which, could have benefited you in the long run.

Property Market Is Influenced by External Factors

Having previously experienced how the Property Market has been influenced by external factors like political situations affecting the country as a whole, our Mortgage Advisors in Derby are looking towards the future to evaluate the potential outcomes for customers post-Brexit. It feels like there is lots of pent-up demand out there at the moment.

As a result of this, we are advising our clients to consider the full scope of their options, especially if they’re planning on just waiting and seeing, which may not work out in their favour. If you’re planning on moving house in 2020 then it would be advisable to have a contact us sooner rather than later… so now is the time to reach out to us and possibly get your home valued whilst Estate Agents are quiet.

Get Your Home Ready to Sell

Putting your house on the market can take a while,  preparing and making ready to place it ‘for sale’ and on the markets can take a few weeks. Consider obtaining 2 or 3 valuations to get a secured opinion, take time to choose your preferred Estate Agent, sign your agency agreement and get the photos finalised.

Furthermore, if many other people are in the same mindset as you, waiting will not work in your favour. By the time your home comes on the market in the new year – so will theirs. The more houses that are on the market means the more options there are for the potential home buyers, possibly driving prices down.

Prepare Now – Get Ahead

Get ahead of the market. Prepare now by starting with having your home valued. You will have many things to do. We list a few:

– You’re prepared: when the decision of Brexit is finally announced you have all the information there available at your fingertips.

– No obligation: the decision to sell is all yours, it is not a means to an end but it’s giving you a head start.

– Improvements can be made: If you do decide to sell you have the incentive to spruce up your property but if you choose not to, you already know the figures and the feedback to possibly get the figure higher by carrying out home improvements.

So if you’re thinking of moving home in 2020 or the near future, contact us to discuss your mortgage options. We offer all customers a free no-obligation consultation.

 

Call 01332 979187

Brexit: What Happens Next?

 

 

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