Up to £900bn worth of property investment in this country will be at risk of harm if the UK votes to leave the EU, according to a new survey of more than 3,000 individual investors.
The new study by online equity crowdfunding platform SyndicateRoom assessed how the upcoming EU referendum will affect individual investors and found that almost half of the investments at risk in the event of a Brexit are believed to be in the property market.
When comparing the views of investors across the spectrum of company equities, SyndicateRoom found that around £2,025bn of assets will potentially be adversely affected if the people of Britain choose to exit the EU, with an average £81,000 of invested assets per capita.
The research also found that more than half of respondents (55%) expect that a Brexit will have a negative impact on savings across UK households, from high-earners to low-earners.
“At SyndicateRoom, we want to help individuals increase their net wealth through equity investment – and based on this research, it appears that is more likely and more achievable if the UK remains part of the EU,” said Goncalo de Vasconcelos, CEO and co-founder of SyndicateRoom.
SyndicateRoom also assessed the cost of living impact of a Brexit vote, finding that women expect to be more adversely affected than men if the UK chooses to leave the EU. This was reflected by a stark contrast in employment prospects in a Brexit scenario, with 54% of men expecting to have better employment prospects if UK left the EU.
But while the latest poll by Guardian/ICM out this week shows a 52-48 split in favour of leaving the EU as the referendum campaign gathers pace, SyndicateRoom estimates that over half the UK population believe that the UK is likely to remain part of the EU, following the referendum vote.
“Our findings demonstrate that in times of uncertainty, investors should give added attention to portfolio diversification, given the evident risk in the property market,” de Vasconcelos added.