Fewer EU nationals looking to rent in the UK since Brexit

The number of EU nationals looking to move to the UK and rent has fallen in the year since the UK voted to leave the European.

This is according to flatsharing website SpareRoom, which says that traffic from prospective EU tenants has increased by 4.35% in the last 12 months, down from 14.7% the previous year.

The website says that the number of prospective tenants looking to move to the UK from Eastern European countries has fallen.

Between July 2016 and May 2017, the number of Slovakians planning to move here fell by 8%, while the proportion of Poles dropped by over 5%.

What’s more the number of Hungarians, Romanians and Estonians looking to rent in the UK via SpareRoom have all declined in the year since the Brexit vote.

The flatsharing site says that out 13 of the top 15 countries recording falling tenant numbers over the last year were EU member states.

There are two countries, however, where numbers of prospective tenants using SpareRoom has soared. The number of Croatians and Greeks looking to move to the UK and rent have both increased by over 17% in the last year.

Growth in SpareRoom’s non-UK traffic in the period following the EU referendum has been recorded at 8.73%, compared to 19.65% in the pre-referendum period.

The website also says it received a spike in Americans looking to move to the UK around the time Donald Trump became President.

“With so much uncertainty over what Brexit really means, it’s no surprise to see interest in moving to the UK from EU countries in decline,” says Matt Hutchinson, director of SpareRoom.co.uk.

“Until people know how their freedom of movement and right to reside will be affected it’s hard for them to make long-term decisions.”

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Written by: Houseladder