UK homeowners largely undeterred by Brexit uncertainty, research from Legal & General reveals

• More than two-thirds (67%) who are looking to buy or sell in the next six months say that leaving the EU has had no impact on their plans
• Just over one in every ten (12%) said political uncertainty had delayed their decision to sellThe survey of 2000 homeowners found that just 12% who had plans to buy in the next six months had delayed their decision because of Brexit, whilst one in ten who were intending to sell had put their plans on hold.

For some homeowners, political uncertainty and Brexit had encouraged them to speed up their plans to buy or sell. A small group (5%) said they would be intending to sell their property quickly and purchase a new place before the Brexit deadline. Others were clearly looking to take advantage of a potential fall in house prices, with 3% planning to sell their properties now and wait until after the UK leaves the EU to buy. Younger people were much more likely to have changed their plans because of Brexit, with 16% of those who planned to buy saying they had delayed their decision compared to 11% of those aged over 45.

When it came to differing opinions across the country, homeowners in London and the South East were the most likely to reconsider their plans, accounting for a third (34%) of those in the capital who were thinking about buying. This compared to just under a quarter (24%) of those in the East of England, which was the region where homeowners were least likely to have changed their property plans.