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Dec 14 2018

Will Yule be affected by Brexit?


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For the property world, this Christmas could be a complete turkey. Our prime minister seems to have stuffed it as well and at the point of writing is facing a no confidence vote. After being told no, non and nein by various people in Brussels, her own party is clearly giving her a roasting! Amongst this mishmash of confusion the politicians continue to ride the gravy train; you have to admire their sauce! Still, I'm sure they won't be too affected by the turmoil in their tinsel-town.

From the outset, this whole Brexit situation has been dicey. Now even the most fervent supporters would be forgiven for turning a little cold on the idea, as the whole deal seems to be skating on thin ice! Unfortunately it seems that promises have been overcooked, and there's coal in all of our stockings rather than what voters thought they were voting for...

Let's not forget, however, some of those positive changes that came in 2018; for first-time buyers, the reduction in or exemption from stamp duty has been welcomed and was a pleasant surprise, and the statistics show that many benefited from this policy.

While it's cosy for those at the top of the tree, for anyone else trying to decide whether to buy, sell, rent or let, decision-making is as hard as a game of Trivial Pursuit, and as a result (in particular) the sales market is becoming sluggish at the close of 2018. Hopefully we will see green (not Brussels) sprouts early in 2019, as well as more sensible policy-making from the “Wise men” in government.

In the meantime, all at Rolfe East wish you and your families a merry and peaceful Christmas.

And don't forget - 'give peas a chance'


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