INDUSTRYNEWS
T: 0800 169 2034
E: sales @ birminghamdoorpanel. com W: www. bhamdoors. co. uk
50 % rise in homeowners more likely to make home improvements in wake of Brexit
»»
LEADING HOME services marketplace, Plentific. com’ s latest research has found that Brexit continues to impact the likelihood of moving for 1 in 5 British homeowners.
Plentific’ s latest survey of 2,000 adults has revealed that there is still uncertainty surrounding the housing market three months after the Brexit
@ bhamdoors vote. 22 % of homeowners have
Follow us on Twitter for our latest offers indicated that Brexit is affecting the likelihood of them moving in the short term; 10 % of owners are now more likely to move home in the next 3 years, with 12 % now less likely to uproot.
Looking at London, over a quarter( 26 %) of owners in the capital are more likely to sell
Start the their home in the next 3 years because of Brexit, with 11 %
1 / 4 week
Page
with
Advert
less likely. With average prices currently reaching £ 484,716
Clearzine.
( ONS: July 2016), could this latest insight suggest a flood
• Every Monday. of properties about to hit the
• Delivered to market, which in turn would
14,000 industry likely to see a reduction in emails. prices? Londoners also have a high percentage more inclined
• Your weekly to make home improvements: news portal.
27 % of property owners in
• Mobile-optimised. London are looking to invest in their home rather than face the housing market.
Prices from £ 300 + VAT
Composite Doors- Entrance, French & Stable Aluminium BiFolding Doors( Smart System) PVCu Doors- Entrance & Patio PVCu Panels
● Eurocell Profile ● Fab N Fix Handles
● 5 Day Turnaround ● 29 Different Door Colours ● All Hardware
Your customers, your news...
Interestingly the Plentific surveys also found that, three months on, there has been a 50 % rise in homeowners who are more likely to make home improvements in the wake of Brexit. These figures illustrate how, in this instance, the post-Brexit panic has subsided and the public are feeling more relaxed about spending money.
This change of heart is particularly apparent in the North East and North West of the UK where the number of homeowners likely to make improvements has more than doubled. 21 % of owners in the North West are now more likely to attempt a home improvement project with the North East at 19 %. Statistically, the North majority voted for Brexit which could explain why they are adjusting faster than the South. Cem Savas, Co-Founder of Plentific. com, commented:“ We knew Brexit would have massive consequences for the UK housing market and our research shows that the public are still unsure of our future. Despite the fearmongering and confusion that has surrounded the topic, Plentific’ s statistics show that homeowners are now more relaxed about the idea of spending money on their property.”
Tel: 01226 321450
8 » NOV 2016 » CLEARVIEW-UK. COM