By Mike Abiola – The fears of Brexit is gaining ground across the United Kingdom as the deadline date of 29th March 2019 looms nearer.
Politicians across the party lines are divided on the way forward as most voters are unsure of which decision will be bring about financial security.
Just as Prime Minister Theresa May said in her New Year’s Day message, “New Year is a time to look ahead and in 2019 the UK will start a new chapter. The Brexit deal I have negotiated delivers on the vote of the British people and in the next few weeks MPs will have an important decision to make. If Parliament backs a deal, Britain can turn a corner.
“The referendum in 2016 was divisive but we all want the best for our country and 2019 can be the year we put our differences aside and move forward together, into a strong new relationship with our European neighbours and out into the world as a globally trading nation”.
The issues arising from Brexit is multifaceted, ranging from economy uncertainty, anti – immigration and race relations. In preparation for what may seems to be a very difficulty year according to economists. The task lies on citizens to take financial planning seriously and make wise political decisions when the opportunity arises for another election.
It is increasingly obvious that whatever the outcome of the Brexit decision whether a no deal or Theresa May’s deal, Britain is in for an awful economic times. In a time like this, African Voice can reveal what our readers can do to ride the storm.
Financial planning in a time of perceived famine is not just biblical, it is the winning formula for most people with financial security. One of the financially secured investment in the UK at the moment is the housing market. With Brexit fears causing a slide in the UK housing market, it may be an opportunity for those with cash savings to buy at lower prices. Also a good time for those with built up equity on their property to reinvest the cash. According to Farid Michael Abiola, founder at Expert Letts & Property Investor, “making a foray into multiple property ownership with stacked up cash is a better option as the demand for accommodation is ever rising in most parts of the UK”.
Barrister Godwin Okri, Chief Executive at Menvo Homes Ltd and author of the Book “Investing in Property with Strategy” recommends a Multi-currency Property Investment Strategy.
Okri said, ”It is often said that we now live in a global village: the fourth industrial revolution necessitated by technology, the economic contagion of one country to another and the popular use of social media all appear to make the world a much smaller geographical space.
Many Investors are bullish when it comes to investing in a foreign country. These international investors surf the waves of the currency market with ease and arrive profitable at a destination. To them, the fluctuation of the exchange rates is the best thing God has created after Ice Cream on a hot summer afternoon”.
Navigating the business of home buying can be challenging but a number of reputable financial advisers and brokers are available to assist. And most high street banks and Estate Agents provide the necessary services.
If you are contacting any of the experts mentioned in this article you will do well to mention African Voice as the New Year discounts await readers. Here is wishing you a financially sound 2019.
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