What does ‘Brexit’ mean for the 40,000 plus homeowners of Nuneaton?


I don’t know about you, but I find if you read the Daily Mail, there are only three topics that make the blood of ‘Middle England’ boil.

Bureaucracy from Brussels. House Prices. The late Princess of Wales.

If we as a country were to unshackle ourselves from chains of Brussels, could we inadvertently affect the second topic and make UK house values drop?

If you read all the newspapers, the Brexit debate seems to be focused solely on central London. Many commentators have said the Brexit would mean central London would have a lower standing in the world, meaning fewer people would be employed in Central London. That implies lower wages, fewer jobs etc… in Central London.

But we are in Nuneaton, not Marylebone, Mayfair or any part of Zone 1 London.

On the run up to the vote on 23rd June I predict:

  In Camp 

The ‘in’ camp will start to scare homeowners with forecasts of negative equity.

Out Camp 

The ‘out’ camp will appeal to the 20 something market, which have been priced out of the property market with the prospect of a new era of inexpensive housing

That is, should the fears become real of central London estate agents and developers, who believe the bottom will fall out of the market if we do leave. The only reasons the Mayfair, Knightsbridge, and Kensington property of central London are attractive to foreign buyers are political and economic steadiness, an open and honest legal system and a lively cultural life.

None of that is threatened by Brexit.

…But again, we are in Nuneaton and central London is 103 miles away.

While the central London property market exploded after 2009, that explosion really, and honestly, didn’t affect the Nuneaton property market, so should we be concerned now?

So, putting central London aside, what would an ‘in’ or ‘out’ vote really mean for the 42,564 property owners of Nuneaton?

Initially, over the coming months, on the run up to referendum, I believe it will be like the run up to last year’s General Election. With the short-term uncertainty in the country, quite often, big decisions are put on ice and people are less likely to make big money purchases i.e. buy a property.

However, in the four months up to last year’s Election, property values in Nuneaton decreased by only 0.4%… not bad for a country that thought it would get a hung parliament!

That argument doesn’t hold much weight with me.

Post vote, should the UK opt to leave Brussels, there would be a much more noteworthy impact. I believe that a vote to stay in the EU would see the Nuneaton property market return to a status quo very quickly, but the contrasting result could lead to some changes.

The principal menace to the Nuneaton (and UK) housing market could be variation (in an upwards direction) in interest rates, theoretically seeing the cost of mortgages grow swiftly, pricing many out of the market…

But, two thirds of landlords buy without a mortgage, so that won’t affect them.

According to the Bank of England, 80.33% of all new mortgages taken out in 2015 were fixed rate. Looking at all mortgages as a whole, according to the Bank of England, 44% of all UK mortgagees have a fixed rate mortgage, but 56% don’t, so if you aren’t on a fixed rate … talk to your mortgage broker now, because they can only go in one direction!

In reality, if I really knew the future, I wouldn’t be a letting/estate agent in Nuneaton, but a City Whiz Kid in London earning millions.

However, I suspect whatever decision the electorate of Nuneaton and the country as a whole makes, over the long term it won’t have a major effect on the Nuneaton property market. We have seen off:



–          the ‘end of the world’ credit crunch of 2008/9 and subsequent property crash

–          the 1988 Nigel Lawson induced post dual-MIRAS property crash

–          the 1979 Winter of Discontent property crash

–          the 1974 oil crisis that stimulated another property crash…

Hell, we can even go back nearly a century with the 1926 post General Strike slump in property prices…

Today, property prices are 262.94% higher than 21 years ago in Nuneaton and are 17% higher than 5 years ago.

So, make your own decision on 23rd of June 2016 safe in knowledge that whatever the result, there might be some short term volatility in the Nuneaton property market, but in the long term (and property investment is a long term strategy) there aren’t enough houses in Nuneaton to live in either to buy or rent… Until the Government allow more properties to be built – the Nuneaton property market will be just fine. Even if it has a little blip in the summer, there could be some property bargains on the run up to Christmas to be had!

For more advice and opinion on the Nuneaton property market, even where those buy to let bargains could be found now, come in and speak to us and we will share our knowledge with you, we’ll even put the kettle on!

471 thoughts on “What does ‘Brexit’ mean for the 40,000 plus homeowners of Nuneaton?

  1. Pingback: venus factor
  2. Pingback: nam linh chi
  3. Pingback: para para dinle
  4. Pingback: Kamine
  5. Pingback: economics tuition
  6. Pingback: joe de saram
  7. Pingback: haard
  8. Pingback: Sandra balan
  9. Pingback: там
  10. Pingback: economics tuition
  11. Pingback: kimsin sen
  12. Pingback: Pornographie
  13. Pingback: attorney
  14. Pingback: Drive with Uber
  15. Pingback: celtic silver
  16. Pingback: Wexperts TI
  17. Pingback: APKBucket
  18. Pingback: viagra next day
  19. Pingback: Skrota bilen
  20. Pingback: ama para hersey
  21. Pingback: Skrota bilen
  22. Pingback: trump for children
  23. Pingback: top to bottom
  24. Pingback: juegosfriv.one
  25. Pingback: tivibu
  26. Pingback: sol partners curry
  27. Pingback: Pro Gold IRA
  28. Pingback: World Health One
  29. Pingback: Silicon valley CEO
  30. Pingback: motu patlu
  31. Pingback: tubepatrol.net
  32. Pingback: sunny leone xxx
  33. Pingback: xxx hd video
  34. Pingback: zeloporn.com
  35. Pingback: payday loan
  36. Pingback: tubetria.mobi
  37. Pingback: actual-news.pro
  38. Pingback: rajwap.xyz
  39. Pingback: kashtanka.tv
  40. Pingback: chuporn.net
  41. Pingback: mobilebestporn
  42. Pingback: footfuckporn
  43. Pingback: pornpageup.com
  44. Pingback: Link hotxxmom com
  45. Pingback: pornbitter.com
  46. Pingback: Web orfkuban ru
  47. Pingback: Source iztube ru
  48. Pingback: pornonaft.net
  49. Pingback: dudesex
  50. Pingback: Origin vpizde mobi
  51. Pingback: javstreaming.mobi
  52. Pingback: top liwe
  53. Pingback: yotbub
  54. Pingback: yiou
  55. Pingback: hdkino720.info
  56. Pingback: youtotobe.info
  57. Pingback: serial
  58. Pingback: golubaya-laguna
  59. Pingback: articles
  60. Pingback: Ertugrul 116-117
  61. Pingback: News 26 04 2018
  62. Pingback: socks5
  63. Pingback: 701ki812WHm
  64. Pingback: hdmobilesex.me
  65. Pingback: domashnij-arest
  66. Pingback: Venom 2018
  67. Pingback: 2018
  68. Pingback: hdseriionline.ru
  69. Pingback: casino swing
  70. Pingback: free music
  71. Pingback: cash loans
  72. Pingback: homepage
  73. Pingback: www.credits.us.org
  74. Pingback: bowling socks
  75. Pingback: news2
  76. Pingback: 2019
  77. Pingback: poker online
  78. Pingback: poker online
  79. Pingback: Demeter Fertility
  80. Pingback: Indoxxi
  81. Pingback: 123Movies
  82. Pingback: TECNICO
  83. Pingback: jasa view youtube
  84. Pingback: Nonton Film Online
  85. Pingback: oslo
  86. Pingback: bat removal
  87. Pingback: 123Movies
  88. Pingback: calorie calculator
  89. Pingback: dijital ajans
  90. Pingback: Roxanne Hurlock
  91. Pingback: 123Movies
  92. Pingback: SEO
  93. Pingback: Ben Marks
  94. Pingback: air jordan retro
  95. Pingback: cleantalkorg2.ru
  96. Pingback: a2019-2020
  97. Pingback: facebook
  98. Pingback: facebook1
  99. Pingback: Artist
  100. Pingback: Jasa Youtube
  101. Pingback: javsearch.mobi
  102. Pingback: music
  103. Pingback: Hayden
  104. Pingback: porn hub
  105. Pingback: porn hub
  106. Pingback: the dark encounter
  107. Pingback: UrbanFiction
  108. Pingback: Wanda Kuehn
  109. Pingback: dragkrokskungen
  110. Pingback: free sex videos
  111. Pingback: lucky patcher
  112. Pingback: plumber
  113. Pingback: perabet
  114. Pingback: visit here
  115. Pingback: see this
  116. Pingback: Parallel Profits
  117. Pingback: butt
  118. Pingback: jual subscriber
  119. Pingback: Parallel Profits
  120. Pingback: payday loans
  121. Pingback: Ben Marks
  122. Pingback: purse hanger
  123. Pingback: towel rack
  124. Pingback: Angie Clayton
  125. Pingback: Roxanne Hurlock
  126. Pingback: SEO Backlink Bokep
  127. Pingback: agen bola
  128. Pingback: kratom locally
  129. Pingback: lagu 2018
  130. Pingback: sbobet88
  131. Pingback: check my blog
  132. Pingback: jual view
  133. Pingback: Joshua Turner
  134. Pingback: Daily Top 10 Lists
  135. Pingback: www.hempworx.com
  136. Pingback: digitad
  137. Pingback: webdiensten
  138. Pingback: Layarkaca21
  139. Pingback: directory
  140. Pingback: 8 May 2014
  141. Pingback: WEBN
  142. Pingback: La Liga Jerseys
  143. Pingback: store
  144. Pingback: hotmail login
  145. Pingback: ps3 игры
  146. Pingback: informative post
  147. Pingback: walmartone login
  148. Pingback: xero singapore
  149. Pingback: 123Movies
  150. Pingback: matilde menendez
  151. Pingback: debt relief
  152. Pingback: herpes labial
  153. Pingback: win bản quyền
  154. Pingback: ایمپلنت
  155. Pingback: sex movie
  156. Pingback: beroepentest
  157. Pingback: 네임드사다리
  158. Pingback: 메이저공원
  159. Pingback: virgin hair
  160. Pingback: gotporn.me
  161. Pingback: Bioskopkeren
  162. Pingback: 123Movies
  163. Pingback: 메이저사이트
  164. Pingback: movers in Dubai
  165. Pingback: ایمپلنت
  166. Pingback: buy links
  167. Pingback: JASE CHRISTOPHER
  168. Pingback: 안전공원
  169. Pingback: sergey
  170. Pingback: click here
  171. Pingback: 온라인바카라
  172. Pingback: 토토사이트
  173. Pingback: 로투스카지노
  174. Pingback: Taxi Den Bosch
  175. Pingback: backlinks
  176. Pingback: ssp gov
  177. Pingback: GET Facebook Bot
  178. Pingback: 먹튀검증
  179. Pingback: agen resmi Maxbet
  180. Pingback: Turkey escorts
  181. Pingback: donate now
  182. Pingback: 사다리사이트
  183. Pingback: کادو تولد
  184. Pingback: app rating
  185. Pingback: google killer
  186. Pingback: 2 Week Diet
  187. Pingback: phishing site
  188. Pingback: sites
  189. Pingback: sex watch child
  190. Pingback: STIs
  191. Pingback: compostable18
  192. Pingback: official website
  193. Pingback: 먹튀검증
  194. Pingback: health insurance
  195. Pingback: try these out
  196. Pingback: life insurance
  197. Pingback: John Goslow
  198. Pingback: ragnarok apk
  199. Pingback: Visit Website
  200. Pingback: paxful login
  201. Pingback: cd label printing
  202. Pingback: cbd products
  203. Pingback: custom label
  204. Pingback: jurusan kuliah
  205. Pingback: nail salon near me
  206. Pingback: craps online
  207. Pingback: games2win
  208. Pingback: 2018 ibc
  209. Pingback: 먹튀검증
  210. Pingback: 먹튀검증
  211. Pingback: free download
  212. Pingback: download free
  213. Pingback: Opera Mini APK Mod
  214. Pingback: storeholidayhours
  215. Pingback: Cheap
  216. Pingback: crypto currency
  217. Pingback: marketing
  218. Pingback: doors replacement
  219. Pingback: beeg
  220. Pingback: PTL Web
  221. Pingback: Free Download
  222. Pingback: 100cm sex doll
  223. Pingback: free download
  224. Pingback: Check This Out
  225. Pingback: lending
  226. Pingback: erosexotika
  227. Pingback: ProductRapid
  228. Pingback: cut
  229. Pingback: agen sbobet resmi
  230. Pingback: upbeat music
  231. Pingback: sàn forex
  232. Pingback: Layarkaca21
  233. Pingback: China Stocks
  234. Pingback: free download
  235. Pingback: best grills 2019
  236. Pingback: 먹튀사이트
  237. Pingback: 먹튀검증방
  238. Pingback: 43ytr.icu
  239. Pingback: passin grass

Comments are closed.