Post Brexit - What’s Your House Worth? John Charcol on ITV’s Tonight
Posted on 26 July 2016
John Charcol's Ray Boulger is one of the experts featured in ITV Tonight's Brexit special this Thursday 28 July. More than a month on from the UK's decision to leave the European Union the Tonight special looks at the UK's housing market and asks how much is your house worth? Is post-Brexit Britain an opportunity for millions to finally own their own home? Or, should people brace themselves for a house price crash?
Ray Boulger comments, "Brexit has led to a period uncertainty in the housing and mortgage market. If you were planning to buy, you absolutely should go ahead and put in a low bid and potentially get yourself a bargain while the market is slow, with the bonus of having less competition from other buyers.
As a further bonus mortgage fixed rates have fallen since Brexit and so your mortgage rate will probably be lower as well.
The post Brexit cuts in mortgage rates also provide an excellent incentive for those not planning to move to speak with a mortgage adviser about remortgaging to one of the cheaper rates that are currently available.
With 10 year fixed rates now starting at 2.39% there is a great opportunity to consider a long term fix and give yourself piece of mind that, whatever happens, you'll know exactly what your monthly repayment will be for as long as 10 years."
Tonight Brexit - What's Your House Worth? is on ITV on Thursday 28 July at 8:30pm.
For more information please visit: itv.com/tonight
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