A report has found nearly half of households are worried about the impact that a vote to leave the EU could have on their finances. While predictions differ, here are some of the suggestions that have been made about how a potential Brexit vote could affect households financially:

House prices

The London housing market could be particularly affected by a Brexit vote, with the capital having been seen as a "safe haven" for investors - but predictions vary over how house prices could be affected.

Treasury analysis has suggested homes could lose up to 18% of their value by 2018 in the event of a Brexit, compared to what they would be worth if the country remains in the EU.

Read more: Pound under pressure as Brexit fears mount

Meanwhile, projections from the Centre for Economics and Business Research (Cebr) for the National Association of Estate Agents (NAEA) and Association of Residential Letting Agents (Arla) suggest a vote to leave the EU could result in the average UK house price being around £2,000 cheaper by 2018 than if the country chooses to remain.

Property analysts Hometrack said that a Brexit vote on June 23 could result in a 5% to 10% fall in housing transactions, with London bearing the brunt of the slowdown.

Hometrack believes house prices are likely to hold up - whatever the outcome - although the pace of house price growth would ''undoubtedly slow'' in the event of a vote to leave.

Read more: David Cameron - Brexit would 'put a bomb under our economy'

Meanwhile, Sarah Beeny, owner of estate agent, Tepilo, said: "I think that if we vote for Brexit it may actually lead to shorter-term confidence in the market as this will affect the stability of the euro and people will want to invest in the pound and property within the UK."

Mortgage costs

Mortgage costs could increase by nearly £1,000 a year if Britain quits the EU, it has been claimed. Short-term uncertainty caused by a vote in favour of leaving would tighten credit conditions and fuel a rise in interest rates, according to Treasury analysis.

But the Leave campaign has claimed that voters "cannot trust" Government on the EU and some mortgage experts have said they do not think mortgages would immediately become more expensive. Tom McPhail, head of retirement policy at Hargreaves Lansdown, has said that in the event of a vote to leave, a case could be made either for either a rise in the bank base rate, in response to a fall in the pound - or for further interest rate cuts in response to the risk of the economy slowing.

The value of the pound

Experts have said volatility over the pound should be expected over the coming weeks as the referendum draws nearer - and there have been warnings that the value of sterling could plummet in the event of a leave vote. But pro-Brexit Conservative Boris Johnson has said: "I think the pound's value will depend entirely on the strength of the UK economy."

Read more: Remain camp warns Brexit will cost Scotland £2.2bn

Jason Hollands, a spokesman for Tilney Bestinvest, said: "Every coin has two sides and while a weaker pound would push up the costs of summer holidays, it would not be wholly bad news for investors.

"A weaker pound would also make UK exports more competitive internationally and propel the value of funds that invest in overseas markets, which most investors hold some of in their Isas and pensions, upwards."


Danny Cox, a chartered financial planner at Hargreaves Lansdown, said in the short-term, a Brexit would be likely to be accompanied by some market volatility.

Mr Cox said: "The uncertainty will be unsettling for investors - however its worth looking at what top-rated fund managers are doing - nothing different to what they normally do."

He said if there were a Brexit, investors would look back on the impact on the market as "a bump in the road rather than a sink hole".

Mr Cox continued: "Long-term investors shouldn't try and make investment decisions based on short-term events; you are as likely to get it wrong as right. Far better to stick to a longer term plan, invest with good companies and good stock picking fund managers, plus keeping enough cash for a rainy day to avoid having to dip into your portfolio in emergencies.

"A fall in the market will represent a buying opportunity and one which doesn't come around very often so investors should consider taking advantage if this happens."

And Mr Hollands pointed out: "The UK stock market is very international in nature, with 70% of the profits of FTSE 100 companies made outside of the UK and therefore to some degree insulated from any disruption caused to the UK domestic economy by a divorce from the EU."


Treasury analysis has found a Brexit could wipe up to £300 billion off pensioners' assets - but the former work and pensions secretary Iain Duncan Smith has warned pensioners would lose ''dramatic sums'' if the country stayed in because of ''damaging and reckless'' proposals to harmonise regulation of occupational pensions across the EU.

Mr McPhail said that in terms of pension fund assets, a fall in asset prices in the short-term would "certainly not come as a surprise" and could affect someone approaching their retirement.