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Brexit

OK- people who voted leave....

36 replies

BertrandRussell · 24/06/2016 05:36

....What happens now, please? What actually happens? Today? Next week?

OP posts:
NancyDecca · 24/06/2016 06:33

Oh and I am guessing there will be a shit load of meetings at the Bank of England and the Treasury.

NancyDecca · 24/06/2016 06:40

Ah , Sorry Bertrand - I didn't vote to leave - didn't read the question - too late up with Mr Dimbleby - apologies .

GrimmauldPlace · 24/06/2016 07:26

Genuine question. Why if you are at the stage of exchanging on a house, one that I presume you are moving to as you love the house and want it to be your home, would you feel like you have to pull out?

GrimmauldPlace · 24/06/2016 07:27

I rent, by the way, so have absolutely no knowledge on house buying!

Batteriesallgone · 24/06/2016 07:43

Fear of negative equity Fizzy

GrimmauldPlace · 24/06/2016 07:47

But won't that only matter if they decide to sell? Surely people aren't planning how much to sell a property for before they've even bought it? I suppose it's the same as not investing in stocks you know will fall I guess.

TheNaze73 · 24/06/2016 07:54

I was a strong Bremainer & I'm shocked and appalled by the result.

Saddened by the result but, got to take it on the chin. I for one won't be calling over 17.4m people rascist. However hard it is to accept, the result is what it is.

Batteriesallgone · 24/06/2016 07:54

No it matters every time you renew your mortgage. Not many people get a 25yr fixed rate! If you renew your mortgage and your house is worth less than your mortgage the rate will go through the roof, so repayments will be much much higher.

We can afford rates to go up to 8%. My parents remember rates of 14/15%. If that happened, we'd potentially lose the house

GrimmauldPlace · 24/06/2016 08:55

Thanks for the explanation Batteries sounds scary.

hazelisours · 24/06/2016 21:13

The initial shock in the market has already recovered. The FTSE closed higher than the figure it started the week on. There will be more days like this but I doubt we will be queuing for our bread with baskets of ten pound notes just yet.

smallfox1980 · 24/06/2016 21:18

The ftse closed higher cause of the buying of cheap British shares by foreign businesses.

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