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50 % rise in homeowners more likely to make home improvements in wake of Brexit
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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
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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 .
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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 .”
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