It's the question on most house hunters' lips: what does Brexit mean for the property market? Industry experts are generally in agreement that political uncertainty in Britain is at the heart of the weakened property market, alongside stamp duty and a lack of affordability. With Brexit negotiations continuing, and the official departure date from the European Union in sight, what does 2019 have in store for the housing market? While no one really knows, of course, some of the country's biggest estate agents have tried to predict where the UK's property market is headed, and whether now is the time to buy. Should I buy property now or wait until after Brexit? In many parts of Britain, particularly... To continue reading this article Start your free trial of Premium Access all Premium articles Subscriber-only events Cancel any time Free for 30 days then only £2 per week Try Premium Access one Premium article per week … [Read more...] about Property predictions for 2019: should I buy now or wait until after Brexit? Will house prices fall?
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BANK of England governor Mark Carney has warned a "no deal" Brexit outcome could mean house prices in the UK tumble. But are Carney’s doom and gloom predictions likely or is this just another example of Project Fear in action? Will a 'no-deal' Brexit impact house prices? Mark Carney, 53, met with senior ministers on September 13 to discuss the possible outcomes of the UK leaving the European Union without an agreement with Brussels. It was widely reported he painted a bleak outcome in the three-and-a-half-hour meeting. He allegedly said house prices could plummet by as much as 35 per cent over three years, mortgage rates could spiral upwards, the pound could fall along with inflation and many homeowners were at risk of being in negative equity. Both the Home Secretary Sajid Javid and Matt Hancock, the Health Secretary, ripped into Carney for his pessimistic overview. The Bank of England had previously warned house prices could drop in its annual “stress test” which it … [Read more...] about Will a ‘no-deal’ Brexit impact house prices and could it cause them to drop if we leave the EU?
Tanza Loudenback, provided by Published 10:15 am PDT, Thursday, September 6, 2018 Governor Brown smiled as his wife Anne Gust Brown introduced him Monday January 5, 2015. Governor Brown smiled as his wife Anne Gust Brown introduced him Monday January 5, 2015. Photo: Brant Ward, The Chronicle Buy photo California Gov. Jerry Brown. California Gov. Jerry Brown. Photo: Jae C. Hong / Associated Press (FILES) In this file photo Gov. Jerry Brown (D-CA) speaks during an event at the National Press Club April 17, 2018 in Washington, DC. (FILES) In this file photo Gov. Jerry Brown (D-CA) speaks during an event at the National Press Club April 17, 2018 in Washington, DC. Photo: Alex Wong / AFP / Getty Images FILE - In this June 29, 2018 file photo, California Gov. Jerry Brown … [Read more...] about The highest-paid governor in the US insists on wearing 25-year-old sneakers and gets mad when his wife buys him a new sweater
By Esther J. Cepeda | PUBLISHED: August 20, 2018 at 12:15 pm | UPDATED: August 20, 2018 at 12:18 pm CHICAGO — There’s a last time for every routine in a parent’s life: The last time you carry your child on your hip, the last time you read a bedtime story, the last time you throw a kiddie birthday party. This week marks an important milestone for me: It’s the first August I didn’t have to go buy back-to-school supplies for my sons. I’m loving it! My youngest is a senior in high school, and he simply plucked a couple of folders, a pen and a notebook out of the supply cabinet and trucked off to class. No more searching for just the right backpack, no more pitches about how a new iPhone could be considered a “school supply” — I’m all done. The National Retail Federation estimates families will spend an average of $684.79 on back-to-school shopping this year. And the number’s even higher for Latinos — U.S. Hispanic … [Read more...] about Cepeda: People helping teachers buy students’ supplies goes viral
0 Have your say Mike Ashley pledged to turn House of Fraser into the “Harrods of the high street” last night after his Sports Direct company struck a last minute deal to rescue the beleaguered retailer. The £90 million buyout, agreed shortly after House of Fraser’s administration was announced yesterday morning, raised hopes for the future of around 17,000 staff across the UK, including those at Jenners in Edinburgh and House of Fraser’s Glasgow store.But in a statement the billionaire tracksuit tycoon could not confirm the long-term security of staff jobs at all of the 59 House of Fraser outlets, saying only that “we will do our best to keep as many stores open as possible”. Mr Ashley’s deal was struck through a pre-pack administration process, where a company is put into administration before a new buyer cherry-picks the best assets.The tycoon, who also owns the football club Newcastle United, beat off … [Read more...] about £90 million House of Fraser sale fails to calm staff fears