{"id":78963,"date":"2018-02-05T20:28:55","date_gmt":"2018-02-05T13:28:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-delay-buying-my-first-home-because-of-brexit\/"},"modified":"2018-02-05T21:03:41","modified_gmt":"2018-02-05T14:03:41","slug":"should-i-delay-buying-my-first-home-because-of-brexit","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-delay-buying-my-first-home-because-of-brexit\/","title":{"rendered":"Should I delay buying my first home because of Brexit?"},"content":{"rendered":"


\nI\u2019ve got a deposit and am excited about buying \u2013 but friends tell me to wait in case prices fall Q My husband and I are finally in a position to buy our first home after many years of saving for a deposit. However, both family members and friends have told us to wait a little longer as they feel prices are set to fall slightly in 2018 due to Brexit and a change in interest rates being imminent. We are paying a fairly high monthly rent of \u00a31,500 as we live in a popular commuter town in the south-east but estimate that our mortgage will cost about \u00a31,000 a month. I am so excited that we are finally in a position to be able to buy our own home but at the same time wonder if we should just exercise a bit of caution as to the market. LBA Your family and friends must have been reading a different newspaper because \u2013 apart from in London \u2013 experts believe that rather than falling, house prices will stop going up or, at least, go up by no more than 1% in 2018. As for interest rates, the bank base rate is expected to rise in late spring by another 0.25% meaning a rate of 0.75% which, it is thought, won\u2019t change over the course of the year because of the weak economy. Even though base rate is higher than it has been, mortgages are still cheap and expected to stay that way. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should I delay buying my first home because of Brexit?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I\u2019ve got a deposit and am excited about buying \u2013 but friends tell me to...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-78963","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-kxB","jetpack-related-posts":[{"id":98878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-wait-to-buy-because-brexit-might-make-house-prices-fall\/","url_meta":{"origin":78963,"position":0},"title":"Should I wait to buy because Brexit might make house prices fall?","date":"October 1, 2018","format":false,"excerpt":"\r I\u2019m trying to buy a property in Oxfordshire but some friends say I should hold off on the dealQ I am trying to buy a property in Oxfordshire but some of my friends have advised me to postpone any purchase\u00a0because\u00a0of the possibility of a no-deal Brexit.\u00a0Some people believe property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25085,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-developers-at-cityscape-hope-lower-pound-will-restore-interest-after-brexit-vote\/","url_meta":{"origin":78963,"position":1},"title":"UK developers at Cityscape hope lower pound will restore interest after Brexit vote","date":"September 5, 2016","format":false,"excerpt":"\r British property developers will be hoping the weak pound will attract investment into the sector as the Cityscape Global exhibition gets under way.More than a dozen property brokers and developers from the UK have taken space at the Dubai property show this year, including new entrants Stanhope, which is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110042,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-fatigue-spurs-buying-and-selling-of-london-homes-leading-to-asking-prices-posting-their-first-annual-increase-in-two-years\/","url_meta":{"origin":78963,"position":2},"title":"\u2018Brexit fatigue\u2019 spurs buying and selling of London homes, leading to asking prices posting their first annual increase in two years","date":"August 20, 2019","format":false,"excerpt":"\r Asking prices for London homes showed their first annual increase since 2017 this month, as the Brexit-battered market started to show signs of life.New seller prices were up 1.3 per cent from a year earlier, property website Rightmove Plc said in a report published Monday. They eased just 0.1\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prime-london-property-prices-to-fall-9-this-year-says-savills\/","url_meta":{"origin":78963,"position":3},"title":"Prime London property prices to fall 9% this year, says Savills","date":"September 21, 2016","format":false,"excerpt":"\r Uncertainty over Brexit plans and stamp duty on second homes have driven down central London prices, says estate agentProperty prices in prime central London are expected to end the year 9% lower than when 2016 started, as buyers wait to see how Brexit negotiations proceed. 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