Since the UK voted to leave the European Union in the 2016 referendum, Brexit has played a prominent role in our everyday news. It is a matter that is often met with negativity and scrutiny, warning UK residents of the terrors they will face as the UK removes itself from the European Union. One question to ask is: are UK residents as concerned about Brexit as these damming reports say?
Research by Attic Self Storage has revealed that when it comes to moving house, the population of the UK are not as concerned as had been originally believed. The storage company surveyed UK residents and discovered that only 3% of people feel that Brexit will have any influence over their next move. In fact, a third of the country plan to move in the next five years despite Brexit, and 54% of Londoners are looking to buy or rent new property in the same timeframe.
Of those who are concerned about Brexit, Wales and the West Midlands take the lead, followed by Scotland and then London. Given that a third of all EU Nationals in the UK live in London, and considering that London voted heavily to remain in the EU, these results will certainly be surprising to some.
Frederic de Ryckman de Betz, CEO at Attic Self Storage said: “We wanted to understand a little more about the motivations of all home movers, and we were genuinely surprised at some of the findings. The fact that 97% of respondents didn’t seem to think Brexit would be the main reason for their next home move is surprising.”
“However, we were struck by the biggest obstacle to moving home – stress – which was cited more often than mortgage affordability. We think this sort of insight could lend weight to the Government’s drive to speed up the house buying process.”
Whilst stress was voted as the biggest prevention from moving, it was upsizing and downsizing that took the lead for reasons to move. The survey also shows that male and female attitudes to moving differed, with women more focused on their family needs whilst men thought more about their relationship status when considering a house move.