The Brexit referendum thread: potential consequences for GB, EU and the Brits in CH

[Blueangel]

	Quote:	Jim2007
	Must be very encouraging for Spain - seeing how low Liam Fox is willing to go in search of the deal...

He'd eat his own grandmother and sell the bones.

	Quote:
	When 'the people' realise what they were sold with all those lies- and they begin to see their lives affected even much more than under all the Tory cuts

Two of the three people I know who voted Leave, have since been made redundant. Whilst they haven't changed their opinion on Brexit, they are unusually quiet of late.

	Quote:	pdofr
	That takes us back to property surveyors and the banks who lent the money. Both parties ignored the risks in favour of a quick buck. Sub-prime lending wasn't just about lending to those likely to default. It included selling dodgy assets to those who weren't likely to default.

Several times we nearly bought a house on an idyllic spot by a river- but never went through with it. Thinking about it, all our houses have been on top of hills so far.

	Quote:	fatmanfilms
	Perhaps people should take some personal responsibility as expected in CH, buying a house on a known flood plains, what could possibly go wrong? If people had to put up 20% of their own money to buy a house they would be more careful.

	Quote:	Urs Max
	Exactly, that's why the Swiss public never pays for protection against flooding, effectively a subsidy to homeowners in the danger zones. Oh wait ...

@ FMF - ever been to the Rheintal, Rhonetal, Linthebene....?

[fatmanfilms]

	Quote:
	@ FMF - ever been to the Rheintal, Rhonetal, Linthebene....?

No

[pdofr]

	Quote:
	Several times we nearly bought a house on an idyllic spot by a river- but never went through with it. Thinking about it, all our houses have been on top of hills so far.

I saw a lovely spot to rent here in 2005 but I remembered the height of the river during one particular storm circa 1999. Only folks in their sixties and above remembered it being so high, but it was pretty high again that winter.

It was also downstream from a rather large dam.

[pdofr]

	Quote:	fatmanfilms
	The surveyor would mention risks, they always do about everything.

They also make cockups. The one who did my last house completely missed a fault which had to be rectified before I could sell. Don't trust the surveyor the building society or bank sends - get your own as well.

	Quote:	fatmanfilms
	The problem is reselling to a greater fool who does not exist.

There's an awful lot of peer pressure in the UK to get onto the housing ladder, and keep moving up it.

[Jim2007]

	Quote:	fatmanfilms
	Perhaps people should take some personal responsibility as expected in CH, buying a house on a known flood plains, what could possibly go wrong? If people had to put up 20% of their own money to buy a house they would be more careful.

I doubt it very much. After all that has gone on in Ireland, just about every new buyer must know someone in financial difficult as a result of buying property and yet their biggest complaint - How dare the central bank impose a minimum cash deposit and restrict the amount they can borrow!

	Quote:	pdofr
	That takes us back to property surveyors and the banks who lent the money. Both parties ignored the risks in favour of a quick buck.

The thing about a bubble is that everyone seems to be acting rationally at the time and the thing a crash is that everyone blames someone else for not having the foresight to have prevented him (the complainer) from loosing money.

Anyone in such a situation who tries to raise the red flag will be treated as an idiot!

- The buyer will hear from his mates, how he is missing out on the great opportunity to get on the property ladder and how sorry he will be in a few years time when prices go up.

- The loan officer would be said to be fool if he rejects a loan where he has a valuation report, the deeds and confirmation of the fine salary the buyer has.

- The author of the valuation report is clearly incompetent if he values the house only 40% of the going rate, clearly he has no idea on the matter.

Again I come back to Ireland, if you look through some of the papers, you'll see on the one hand repossession orders, declarations on insolvency and on the other side people demanding the right to do the same!

[Jim2007]

The EU Parliament has voted 516 to 133 on the terms for negotiating BREXIT:

	Quote:
	This would require progress on the terms of Britain's withdrawal, including settling financial commitments, before talks on a future trading relationship can start. It also backs the call for transparency in the talks, and for the UK to be considered liable for financial commitments that apply after it leaves the EU. It also says: transitional arrangements should be time-limited to three years and be enforced by the EU's Court of Justice UK citizens in the EU and EU citizens in Britain should receive "reciprocal" treatment the final deal should not include a "trade-off" between trade and security co-operation the UK should adhere to EU environmental and anti-tax evasion standards to get close trade ties the European Banking Authority and European Medicines Agency should be moved out of London the UK should pay towards costs for the EU that "arise directly from its withdrawal"

Source

[Urs Max]

	Quote:	Blueangel
	Two of the three people I know who voted Leave, have since been made redundant. Whilst they haven't changed their opinion on Brexit, they are unusually quiet of late.

That however seems unlikely to be due to Brexit, hardly any company is *that* fast as it's still not clear what it actually will result in. Even more so if they've been let go multiple months ago.

[Blueangel]

	Quote:	fatmanfilms
	Perhaps people should take some personal responsibility as expected in CH, buying a house on a known flood plains, what could possibly go wrong? If people had to put up 20% of their own money to buy a house they would be more careful.

The guy who introduced me to my OH is Holmfirth born and bred. He owns a stunning cottage on the hill there, yet he's been flooded out three times in the last two years, to the point that he's now renting a National Trust property on the moors whilst the entire area his house is in has work done to it.

As for the south of the UK, entire swathes of the country are on flood plains. I first moved down south on 22 Dec 2013. OH had started a new job in Guildford, and I drove down overnight to the house we were renting in Goldalming, just as a storm hit. By noon on the 23rd, the power went and only came back for a few hours on Christmas Day. The Lammas Lands in the town centre were flooded for weeks. Guildford was flooded too, and only one access road was still open.

3 months later, there were still roads to Winchester closed due to flood damage, and the Somerset plains were under water for months.

Then we moved to Horton, nr. Datchet as we were both working at Heathrow. Again, we were on a flood plain and Wraysbury flooded whilst we were there. The entire area pay through the nose for flood insurance.

This is all down to decades of neglect and mismanagement by successive governments of both parties. You either tackle the problem, or move the entire population north of Oxford, except that Wigan, St.Helens, Warrington, Bolton, etc, have all experienced floods in the last few years.

[Blueangel]

	Quote:	Urs Max
	That however seems unlikely to be due to Brexit, hardly any company is *that* fast as it's still not clear what it actually will result in. Even more so if they've been let go multiple months ago.

Both of those redundancies are because their jobs have been shifted to the Continental divisions of two seperate companies. I know of others who've been made redundant because work has been sent to other divisions outside of the UK, but there's nothing to indicate they were a direct result of Brexit because the jobs went outside the EU. However, we cannot deny what's happening in the banking and financial sector.

[marton]

	Quote:	Blueangel
	Both of those redundancies are because their jobs have been shifted to the Continental divisions of two seperate companies. I know of others who've been made redundant because work has been sent to other divisions outside of the UK, but there's nothing to indicate they were a direct result of Brexit because the jobs went outside the EU. However, we cannot deny what's happening in the banking and financial sector.

Could be that Brexit was the trigger to think about moving out of the UK.

Then one starts to think to EU or to a lower cost country?

Speculation of course, not many firms would risk upsetting existing UK customers by blaming Brexit.

I'm not one for celebrity endorsements, but Michael Caine does explains his leave vote in such a wonderfully succinct way.

"What it is with me, I'd rather be a poor master than a rich servant."

	Quote:	Loz1983
	I'm not one for celebrity endorsements, but Michael Caine does explains his leave vote in such a wonderfully succinct way. "What it is with me, I'd rather be a poor master than a rich servant."

...Master Bruce.

[Jim2007]

	Quote:	Loz1983
	I'm not one for celebrity endorsements, but Michael Caine does explains his leave vote in such a wonderfully succinct way. "What it is with me, I'd rather be a poor master than a rich servant."

I have no idea what I'm talking about, they gave me a few sounds bits and I said them....

He like every other voter had the right to hold the British parliament to account and as the master he failed to do so.

	Quote:	Jim2007
	I have no idea what I'm talking about, they gave me a few sounds bits and I said them.... He like every other voter had the right to hold the British parliament to account and as the master he failed to do so.

Easier to change one parliament than a superstate of 27.

Not that I'm holding my breath.

Those lefties are so biased and haven't got a clue...

The UK has dropped from first to fith place for foreign investments...


says KPMG UK.

[Belgianmum]

	Quote:	Blueangel
	The guy who introduced me to my OH is Holmfirth born and bred. He owns a stunning cottage on the hill there, yet he's been flooded out three times in the last two years, to the point that he's now renting a National Trust property on the moors whilst the entire area his house is in has work done to it. .

So am I. The flooding in 2015 and 2016 was very unusual for the area and he must be very unlucky to have been flooded out so often especially if he's on the hill.

[marton]

May has accepted that a new trade deal with the EU will not be signed before UK leaves in 2019.
She is now considering following EU rules after 2019, allowing free movement and continuing paying into the EU

Source

House of cards is collapsing?

[nunos]

The EU id doing everything to stopp the UK from being an independent nation like Switzerland, but I believe the British people will be able to set themselves free from the despicable European Union dictatorship.