How would a Brexit affect the mortgage market?

[Martin@AS Financial]

Some interesting opinions here (taken from Mortgage Strategy)


https://www.mortgagestrategy.co.uk/h...rtgage-market/

[BrilloPad]

Virgin Money chief executive Jayne-Anne Gadhia says a Brexit could cause UK job losses and eventually cause mortgage rate increases.

Bollox. Brexit would cause GBP to tank. Increasing our competitiveness.

And there would be cheaper houses.

[WTFH]

I believe this will answer it:

It would cut out immigrants which is the biggest cause of house prices being low. Also, by having no immigrants we would have no cancer in the UK, which would save the NHS a fortune, meaning we could all have a tax cut that we could spend on more expensive houses.

[AtW]

Bollox. Brexit would cause GBP to tank. Increasing our inflation.

FTFY

[MrMarkyMark]

And there would be cheaper houses.

Eh, WTF, that must mean we have to stay in, surely.

Houses have got to stay expensive, its a rich ingredient of the Gidiot economic miracle

[AtW]

If GBP tanks (like it does now), then it makes UK investments much more attractive - property is one of them, so house prices will continue to increase unless Govt bans foreigners from buying houses in UK... then they'd buy them via UK Ltd

[MrMarkyMark]

If GBP tanks (like it does now), then it makes UK investments much more attractive - property is one of them, so house prices will continue to increase unless Govt bans foreigners from buying houses in UK... then they'd buy them via UK Ltd

Yay....................................BOOMED!

[ZARDOZ]

The UK will not leave the EU, in the unlikely case that project fear doesn't work the old postal voting trick will be pulled.

[tomtomagain]

Virgin Money chief executive Jayne-Anne Gadhia says a Brexit could cause UK job losses and eventually cause mortgage rate increases.

Every major company in the UK as been happily off-shoring and outsourcing jobs for decades. They'd cut jobs if we stayed or cut them if we left.

[Flashman]

Virgin Money chief executive Jayne-Anne Gadhia says a Brexit could cause UK job losses and eventually cause mortgage rate increases.

Bollox. Brexit would cause GBP to tank. Increasing our competitiveness.

And there would be cheaper houses.

The Euro's going to be crucified if we leave. Germany's going to pay for everyone left in the EU? Yeah right !