An international moving firm has reported that Brexit could be making people more likely to move house, with more and more people quitting the UK altogether.
John Mason International Movers has revealed that it has seen a 33% increase in customers using its services to move home since the EU referendum, with 53% of clients acknowledging that Brexit was one of their reasons for moving house. A third of those surveyed said that their move had been influenced by concerns about an imminent decline in the value of their property
Reasons for moving house cited by movers included:
โข 50% due to concerns about the economy
โข 33% were worried about the decline in the value of their property
โข 20% worried about the cost of living
โข 13% worried about their employment.
One customer was typical of findings, stating: โI wanted to speed up the time I took for my move. I moved on March 1st ahead of the possible 29 March leave date.”
Simon Hood, John Mason International Movers director said, โConventional wisdom is that Brexit has made the property market slow down as people think twice about a moving and wait and see what happens next. These figures suggest that this might not be the case after all.
“Our figures suggest that if anything people actually want to get moved as soon as possible, and weโre delighted that so many of them are trusting John Mason International to help them achieve that. Weโve seen a huge rise in the number of customers trusting John MasonInternational to help them move in the past couple of years, and we were interested to see if Brexit had anything to do with it.
“We never anticipated weโd end up with figures like this, which suggest that itโs a major consideration for more than half of movers.”
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