Will a proclaimed Brexit result in driving up borrowing costs?
For those not in the know, a Brexit refers to the very real prospect of Britain exiting the all-powerful European Union. The death of the unhappy marriage between Britain & our European neighbours could be right around the corner. Amongst many other things, financiers are predicting an increase in borrowing costs as a knock on effect to the proposed Brexit.
Indeed, even the speculation of a Brexit is unsafe ground for the finance market! A lack of security within the market could lead to dramatic increases in borrowing costs.
Borrowers could suffer from higher interest rates if Britain votes to leave the European Union. Clydesdales & Yorkshire Banks have warned. This is due to rising funding costs following a break from Brussels. Uncertainty is traditionally the enemy of the finance & the property market. A dramatic breakaway from the European Union could spark a fiasco for the British finance & property market, driving up borrowing costs & sending a tremor through the economy.
An increase in borrowing costs could obviously have a detrimental effect to many borrowers. In an increasingly highly regulated & tightened market, the news would come as welcome to none. Even if a British exit from European Union never surfaces, the hearsay alone is enough to knock a few points off the FTSE index.
If you are concerned about increasing borrowing costs, there is assistance available. Immediate Bank Claims is a company of British banking experts who can guide you through any possible effects aBrexit may have on your personal finances. What’s more, we are actively recruiting Consultants to work alongside us. With a decade of unrivalled experience
, we have formatted a training programme to train Consultants to work alongside the company. This allows for the Consultants to have enviable flexibility, an unlimited income opportunity as well as assisting clients in a tumultuous market.
If you want to kickstart a career in property & finance, make our bespoke training your first stop. We provide the tools for personal success, as well as the support system of an established & thriving company.
For more information, call us now on 0207 127 9134. Alternatively, you can also email at email@example.com
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