A general view shows a construction site in London, Britain July 7, 2016. REUTERS/Neil Hall
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As FT readers digest the Brexit vote, their thoughts have naturally turned to what the referendum means for their personal finances.A: Even before the Brexit vote, the London market was slowing, with prices for the most expensive central London homes down by 8 per cent since mid-2014, according to estate agent Savills.Our two-year fixed term mortgage ends in August. With equity of about 60 per cent, we hope to secure a fixed-term deal for five years at a lower rate. Those who live and plan to retire in Britain will mostly buy sterling-denominated goods and assets.For people interested in currency investment, however, John Woods, the chief investment officer at Credit Suisse, believes south-east Asian currencies could benefit if Brexit slows the global economy. UK banks, housebuilders and retailers were among the hardest hit, but in the week following the vote 100 company directors in the FTSE 100 and FTSE 250 bought shares worth £14.3m.
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