UK Property News – 12 Nov 2018

UK Property News

Video Transcription: 

Hey, guys. So I just want to give a bit of an Expressit update on things. Just it’s really interesting because obviously, I said before that we’re going to get a Brexit deal, and it looks like we are. They’re down to the last few points, but of course, what’s happening now, which is quite interesting, is everyone is at everyone’s throats. So politically, if you’re a politician right now, what you actually do is you’re sitting there going, “What’s going to happen after we get this?” And you know, at the end of the day, if and when, I think, they get a deal, it’ll be all about the conditions of the deal. And I’ve never really thought we were going to have a very good deal at all, either way, you know? And I don’t think the EU’s getting a good deal, and I don’t think we’re going to get a good deal. I don’t think anyone’s going to get a good deal.

But as a politician, you have to really choose whether you support or don’t support it. And really what it comes down to is are you going to support May or not support May? If you think that May’s out at the next election, or out, you know, just after, then really you probably want to be, you know, going against. “We don’t like May.” See, May probably made a mistake, because what she has done…and it’s hard because this is one of the things with leadership, you have to then take a stand as a leader. And so she’s taken a stand. And look, I’m not really for her in any way, shape, or form, but one thing she did do is take a stand. Okay? So that’s good, you know, good on her.

Whether we agree with it or not, that’s a different story. Whether the deal’s any good, that’s a different story. But a lot of politicians are coming out now and resigning, and saying, you know, “We don’t support it. It’s a raw deal, it’s all this stuff.” Because politically, they’re banking on her being out and therefore they can come back and say, “See, we didn’t support it. You know, we’re still okay. Support us and vote for us.” So it’s all about votes, they don’t really care about us. You know, they care about getting in the next election.

And look, Brexit, I think, is going to happen. You know, there’s all the talk about another vote and all this stuff, it’s not going to happen. There’s not enough time, there’s not enough, you know, push behind it. And as much as people get out in the streets and campaign, you know, for it, the reality is there are a lot more people who didn’t go to those campaigns. You know, so we’re in a situation where actually it is going to go ahead with Brexit. There is going to be a deal. And luckily for the politicians, if you like, luckily for them, they will fool us, because they’ll say, “Look, we’ve got a deal. We did what we said we needed to do, you know, were wonderful. Vote for us.”

You know, is that really what you want? Is that really leadership, or is that just the typical Trump-style, you know, forget the truth, let’s just tell it how we want it to be told. Doesn’t matter, you know. The biggest fake news person is Trump, you know. Probably the next fake news person is every single politician these days. You know, there are very few ones that I consider would be honest, you know, and stick to their beliefs, and stick to their morals. It just doesn’t exist. Integrity in politics is gone, it’s been gone for quite a few years. And look, we’re going to be stuck with it.

The positive news, I think, is that I actually am noticing that Brexit, a lot of companies, a lot of, you know, developers, and a lot of, you know, big people, people that I know that are wealthy, influential, that sort of thing, are now looking at Brexit as just as foregone conclusion. It’s already been factored into pricing, and it’s going to be that much of a, “Oh, crap. You know, the economy’s going down,” 30% drops, all that. That’s not really what people are building in now. And even now the developers, are starting to say, “When we say, all right, we want a bigger discount. You know, drop that price down to there,” they’re like, “Why? You know? I can hold onto it. I’ve already dropped the prices. I’ve already, you know, accommodated for that. And actually, I don’t need to change that.” So there’s a bit more optimism now coming back in as we’re getting closer to the deal, which is good news for all of us.

All right, guys. Have a great day. Live with passion, and yeah, feel free to subscribe and comment down below. And I’ll be happy to answer any questions you’ve got. See you later, bye.

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.

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