MFS

Majority of property investors remain undeterred by Brexit




Over half of property investors (57%) do not plan to change their investment strategy following last week’s original Brexit deadline date, according to research by Market Financial Solutions (MFS).

The bridging lender’s survey of more than 500 UK property investors focused on the impact of Brexit on their long-term investment strategies.

Other highlights from the report included:

  • since the EU referendum (June 2016), 64% of investors have not let Brexit impact their property investment decisions
  • 45% have expanded their property portfolio since the EU referendum
  • only 7% have sold one or more homes as a direct result of Brexit
  • 29% plan on actively investing in new properties immediately following the original Brexit deadline date

“There is a sense of Brexit-fatigue setting in across most financial sectors,” said Paresh Raja, CEO at MFS.

“But importantly, while some predicted that this uncertainty would cause house prices to tumble and property investors to flee the market, today’s research demonstrates that appetite for real estate as an investment asset has remained strong.

“Although a degree of hesitancy at times like this is inevitable, the research underlines the long-term strength of bricks-and-mortar investment to weather such periods.”

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