ITV Tonight Brexit Concerns Poll

Main Findings

  • Following a week of market volatility after the UK’s decision to leave the EU, a quarter of British adults (25%) say they are most worried about mortgages and interest rates.
  • In particular, British home owners with a mortgage are more likely to say that they are most worried about mortgages or interest rates (40%).
  • Britons are most worried about food prices (37%) and cost of household bills (31%) following the UK’s vote to leave the European Union.
  • Three in five Britons think that the future of interest rates is uncertain (59%).
  • Overall, homeowners are more likely than renters to express uncertainty about the future of mortgages and interest rates, and to say that they are most worried about these things following the Brexit vote last week.
  • Younger adults are more likely than their older counterparts to be worried about interest rates and mortgages, and to express uncertainty about their future.

Findings in Detail

  1. Which two of the following, if any, are you most worried about following the UK’s vote to leave the European Union?
  %
Food prices 37%
Cost of household bills 31%
NET: Mortgages/interest rates 25%
   Interest rates 19%
   Mortgages 8%
Cost of travelling abroad 19%
Petrol prices 16%
House prices 10%
Not worried about any of these 24%
Don’t know 2%

Base: GB adults (n=2,061)

  • British adults are most worried about food prices (37%) and cost of household bills (31%) following the UK’s vote to leave the European Union.
  • A quarter of British adults (25%) are most worried about mortgages and/or interest rates following the Brexit vote last week.
  • Three in ten home owners (31%) are most worried about mortgages and interest rates.
  • Home owners with a mortgage are most worried about mortgage and interest rates following Brexit; 40% say they are most worried about these things.
    • They are particularly concerned about interest rates; a quarter (26%) say it is their biggest worry.
  • Younger adults are more likely than older adults to cite any concern following the UK’s vote to leave the EU last week.
    • 18-24 year olds are particularly more concerned than their older counterparts about the impact of Brexit on house prices (19% vs 4% of adults aged 65+) and the cost of travelling (45% vs 14%).
    • 36% of adults aged 65+ say they are not worried about any of the issues tested compared to just 7% of 18-24 year olds.
  1. After the UK’s vote to leave the European Union, how certain or uncertain do you think the future of each the following is over the next two years?

 

  Interest rates House prices Mortgages Cost of household bills Food prices Cost of travelling abroad Petrol prices
NET: Certain 22% 25% 25% 28% 29% 21% 24%
Very certain 2% 3% 3% 3% 3% 4% 3%
Fairly certain 19% 23% 22% 25% 26% 17% 22%
Fairly uncertain 35% 36% 33% 38% 38% 34% 38%
Very uncertain 25% 19% 18% 20% 21% 26% 23%
NET: Uncertain 59% 55% 51% 58% 58% 61% 61%
Don’t know 19% 20% 24% 14% 13% 18% 15%

Base: GB adults (n=2,061)

  • The majority of Britons are uncertain about the future of all of the options tested, with more than half (52% and above) selecting uncertain for each option.
    • British adults are most likely to say that they are very uncertain about interest rates (25%) and the cost of travelling abroad (26%).
  • Three in five Britons say they are uncertain about the future of interest rates (59%), including a quarter who say the future is very uncertain (25%).
  • In particular, more than three in five home owners (63%) say they are uncertain about the future of interest rates.
  • Younger adults are more likely than their older counterparts to express uncertainly about interest rates and mortgages.

Seven in ten 18-24 year olds (70%) say they are uncertain about the future of interest rates, while 59% of adults aged 65+ say the same. Two-thirds of 18-24 year olds (67%) say they are uncertain about house prices (vs 50% of 65+)

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Date Published
4th July 2016
Methodology
ComRes interviewed 2,061 GB adults online between the 29th and 30th June 2016. Data were weighted to be representative of all GB adults aged 18+. ComRes is a member of the British Polling Council and abides by its rules.

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