Thursday saw the reduction in the Bank of England’s base rate to 0.25%, a move made to cushion the UK against a post-Brexit recession. We were interested to know what effect this would have on the mortgage market so we contacted David Ewington at Enness Private Clients to find out more about the current financial climate. See what he had to say.
As well as the impact on the financial markets, Brexit has brought about a lot of political instability. David Cameron’s resignation left the opportunity to become Prime Minister open to other members of his party, leaving EU negotiations on the back burner while potential leaders alternately campaigned and withdrew.
Ultimately, all other Conservative leadership candidates having withdrawn, there was no contest over who was to become the next Prime Minister. Rather than prolong the uncertainty and instability any longer, Theresa May … Read more ›
Visitors to Vauxhall can hardly have missed as one of Nine Elm’s newest skyscrapers. The Tower at St George’s Wharf stands right on the bank of the Thames, commanding attention and drawing the eye to one of the most desirable addresses in South London. Designed by Broadway Malyon and completed in 2014, the Tower is now filled with 223 luxury apartments, many of which have been bought and sold through Henry Wiltshire.
If you like facts and figures, you might be … Read more ›
With last night’s astonishing referendum result in favour of leaving the EU, it’s not just the 48% of Britons who voted remain who have gone into shock. At one point in the last few hours, sterling had fallen to its lowest position since 1985, a mere 1.32 against the dollar. The extent of the fall was made considerably worse by an over-confident climb earlier in the day, based on opinion polls.
The pound will inevitably strengthen so investors should buy sooner … Read more ›
The 23 June is fast approaching, and Britons will have to make up their minds whether they’d rather be part of the EU or leave it behind.
EU property laws have imposed almost no restrictions on buying and selling in the UK. In spite of this, a vote to leave the EU would still have a dramatic effect on the property market. Henry Wiltshire’s Senior Sales and Lettings Manager Nicholas Spencer looks at what the EU referendum means for London’s property … Read more ›