Tel: 01403 780 770

Building and protecting your wealth

Leaver or Remainer. Will You Be Ready to Make Financial Decisions Again Post Brexit?

If you’ve been reluctant to commit to a financial strategy because of the uncertainty of Brexit, you’re not alone. About 10 million British people, roughly one in five adults, have avoided making any big financial decisions because of Brexit according to YouGov research conducted in October 2019. With the 31st of January right around the corner, now is the time to finalise your plans.

This does not constitute advice and advice should be sought in all instances before acting on it.

While there are no guarantees about how Brexit plans will pan out, there are indeed agendas and schedules in place and there’s no getting around the fact that change is inevitable.

If you’re a business owner, try to look at this brave new world as an opportunity. Stay informed about how trade deal discussions are shaping up and be proactive by scheduling time with your financial adviser whenever you think you need to pivot your strategy.

Effect on the housing market

Perhaps you’re one of the 3.2 million British adults that have been putting off buying a home. It seems the housing market has already been affected because supply is dwindling as homeowners aren’t keen to put their homes up for sale.

Rightmove’s monthly House Price Index has put the number of new sellers at a 10 year seasonal low. But now is the time to act if you’re worried about rate changes affecting your future payments or chances of securing a mortgage.

Maybe you might want to remortgage or lock in a great interest rate on a loan before Brexit plans are implemented in full force. Keep an eye on market conditions before diving into any property purchases.

Changing priorities

The majority of people’s focus has shifted to seeking financial consistency and stability during uncertain times.

Over one-third (36%) of the population expect their financial situation to decline as a result of Brexit. In order to protect the wealth you’ve worked so hard to amass, consider your wealth preservation and protection plan. Is your coverage still adequate for your needs?

Don’t let your financial adviser be a stranger.

If anything about your financial situation changes, it’s wise to check in with them to review your plan and make any necessary changes. But don’t just meet with them about personal circumstances, stay aware of economic shifts in the wake of Brexit so you can fine-tune your strategy.

If you haven’t already, be sure to get in touch with our financial expert to lock down your 2020 financial plans before the full impact of Brexit is felt.

Need help with post-Brexit financial planning?
Investments | Financial Planning | Retirement | Save Tax | Protection |

Dental & Medical Financial Services have been helping doctors and dentists to build and protect their wealth, whilst saving tax for over 25 years.
Call Darren to discuss your options.

Tel: 01403 780 770


Follow us on for regular financial and mortgage updates

Twitter                     LinkedIn

If you found this article interesting, why not share it?

Meet the Advisers

With over 20 years experience our advisors can help you meet your business and personal goals.

Who we Help

All our clients are doctors and dentists, just like you. As specialists we know your industry inside out.

Info & News

Make this the place you visit to keep up to speed with financial news for your sector.

Contact Us

Wherever you are in the UK we can help you build and protect your wealth.

Get Connected

to our specialist team

Tel: 01403 780 770

Keep Updated

Simply register your name and email below and receive our updates direct to your inbox

Dental & Medical Financial Services News Updates

Just for doctors and dentists

Read more news


Dental and Medical Financial Services is an appointed representative of Best Practice IFA Group Limited, which is authorised and regulated by the Financial Conduct Authority. Company registered in England no. 9158580 Registered office: 1 Market Square, Horsham, West Sussex, RH12 1EU

© 2014 Dental & medical Financial Services. All rights reserved. Website design by Goldmine Media.