‘Building homes on the Green Belt must be looked into’
Angel
£30,000
rent £800, bills £200, food £400, travel £200, socialising/other £400 “I would like to see policies that would build consumer confidence and anything that helps support British businesses. There is a good chance that Brexit will make everything more expensive, and reducing VAT early could help lessen the blow. I think it is important to be tackling this early and figure out ways to reduce the cost burden on businesses and households. It’s really important the Government supports consumer spending in this What were you looking for in the Budget?
“I have a good deposit but I cannot afford a decent mortgage. The main issue is I am self-employed and have three young businesses and mortgage lenders look almost solely at your accounts over the last two years. Even if I make £300,000 tomorrow, that won’t show through until April and maybe not come into consideration for a couple of years. That’s what needs to be seriously looked into.
“If I can afford £1,600 to rent, then I can afford a mortgage of a similar cost. I have even considered taking a full-time job as after only three months I’ll be able to apply for a mortgage based on that salary. Something needs to be done time of uncertainty. Stability of the pound is really important and any efforts to tackle consumer price inflation will help.” Are you optimistic or worried about the year ahead as Britain moves towards Brexit?
“I am concerned. Brexit could lead to and there needs to be more flexibility. We need more affordable homes in London. I think building on the Green Belt is something that needs to be looked into and considered carefully.” Are you optimistic or worried about the year ahead as Britain moves towards Brexit?
“I am painfully aware of what Brexit did to the pound. My concern in terms of property is foreign buyers. The market has levelled in London which should make it a buyers’ market, but for foreign buyers their money is worth more than it was due to the weak pound. I worry there will be even more interest in London now, meaning even more people are priced out.” significantly more complexity and costs to a crucial part of our supply chain. A lot of which is still very unknown. As is how much time we’ll have to plan or understand the impact of Brexit completely.
“March 2019 is not that far away and within business, failing to plan really is planning to fail.”