One of the most common questions that we have been asked over the last 12 months is, how will Brexit impact what I want to achieve? Whether it be investing hard earned money, saving for your retirement, buying a new home or obtaining a new mortgage rate, Brexit seems to have been the common ‘elephant in the room’!

Our honest answer to this question is, we don’t know.

However, here at Resolve we have given great thought to how Brexit could impact our clients as well as us as a business and in general we remain positive about 2019. While there continues to be uncertainty around the economic and political impact of Brexit our view is that a balanced, thoughtful and long-term plan around your financial goals continues to be the most sensible approach.

In terms of the property market and your home, yes, there may be an impact on the value and saleability in the short-term however long-term we still believe that there are a number of other factors that will influence how much your home is worth and your ability to sell or buy a new home. In terms of mortgage rates, the end of 2018 saw small rises in interest rates from lenders driven by a number of factors including Brexit and whether there is a deal or not we believe that both mortgage rates and the market will remain relatively flat and predictable this year.

Overall therefore our message is, ‘Keep calm and carry on’ and in that we believe we are well placed to provide sensible, balanced advice to our clients in their financial decisions.

As we always remind our clients, the value of your investment can go down as well as up and you may not get back the full amount you invested.

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