This discusses Brexit’s affect on someone’s moving abroad. Politics often affects the economy and this can include the housing market since it’s tied in with interest and other things. This gives advice for those who want to move. It’s good advice and helps you navigate the political climate with respect to getting a new place to live in another country. This can be tricky so advice may help. Otherwise you’ll have to muddle through finding out what’s going on.
Key Takeaways:
- The Brexit referendum had an immediate impact on the housing market, causing international investors to pull out, but since then, things have cooled off.
- In the short term, Brexit may cause fluctuations in the market, but in the long run, experts say there will be no change on the property market.
- Experts predict the pound will return to a high position towards the end of 2017 and into 2018, so those looking to take full advantage of the situation should act fast.
“Indeed, some European lenders have improved their product offerings and reduced rates in order to entice Brits to continue taking out mortgages.”
Read more: https://www.ftadviser.com/mortgages/2017/07/13/brexit-moving-abroad-and-mortgage-advice/