Why you can’t let Brexit affect your life
A couple with a first baby sought my advice: they had accepted a low offer for their cramped London flat and bid the asking price for a nice house in commuterland. But they need a bigger mortgage and if Brexit leads to a property crash, they could face negative equity and financial stress. Should they call the whole thing off? Emphatically I said they should not: buying a family home is a long-term choice, rarely regretted, in which fluctuating value matters far less than whether you love the house and whether (as in their case, I gathered) income is sufficient to support the mortgage. Conventional wisdom, perhaps, but I’m pleased