If the UK was to exit the European Union without some form of deal, house prices would stay about the same.
That’s according to a poll we conducted in conjunction with one the UK’s leading market research firms, Populus.
We asked a panel of 1,097 people, chosen as being representative of the population, the following question:
The results show that some 44% believe the property prices would stay the same in the event of a no-deal Brexit, whereas 31% believe they would fall. Only 25% thought that property prices would rise if the UK leaves the EU without a deal.
Men More Likely To Think Property Prices Will Fall
Our survey also shows that, on the whole, men are more likely than women to think property prices will fall in the event of a ‘no-deal’ scenario.
In fact, 34% of men thought that property prices would fall, whereas only 29% of women thought a decrease was likely.
Instead, 27% of women thought that house prices will go up following a no-deal Brexit, versus only 23% of men.
44% of both sexes thought prices would remain the same.
Younger People More Expectant Of Property Price Increases
The survey also highlighted a clear divide between younger and older people with some 37% of under-35’s thinking property prices will rise in the event of a ‘no-deal’ Brexit.
This is compared to just 20% of over-35’s who expect to see house price increases in a no-deal scenario.
Instead, the older generation are more likely to expect prices to remain the same (49%) than the younger generation (30%).
With only a few months to go until the scheduled date the UK will leave the EU, it appears there’s still a lot of confusion amongst the general public as to exactly what impact a potential ‘no-deal’ Brexit would have.
Full Survey Results
Q. What, if anything, do you think will happen to UK property prices if the UK leaves the European Union without some sort of deal?
|Fall||343 (31%)||180 (34%)||163 (29%)||101 (33%)||242 (31%)|
|Rise||275 (25%)||122 (23%)||154 (27%)||116 (37%)||159 (20%)|
|Stay the same||479 (44%)||234 (44%)||246 (44%)||94 (30%)||385 (49%)|
Source: Survey of 1,079 UK general public by Populus for PropertyRoad.co.uk – September 5th, 2018
We have issued two press releases relating to this research: