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Wednesday 10 August 2016

Most Recent Brexit Survey


In the interests of keeping you all up to date with sentiment about the UK property market in the post-Brexit period...the latest data comes from a survey by Comparethemarket which says 70 per cent of those questioned did not think the Brexit vote would affect their decision to buy a house, while 77 per cent said it wouldn’t stop them selling.  


50 per cent declared themselves either extremely or fairly confident in the UK property market. Some 31 per cent believed that house prices might fall in the next 12 months as the effects of Brexit became clearer.

63 per cent of respondents said that if selling their home they would not accept an offer of 10 per cent or more below their asking price.

This, the latest in a string of surveys, was conducted by OnePoll which asked 1,000 people who are currently in the process of buying and/or selling properties. 

In addition, Haart estate agency’s figures for July - the first full month since the referendum - shows a 6.5 per cent increase in transactions across the country compared with June. Exchanged house sales in July were 18.2 per cent below the July 2015 total.

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