Research released by the National Association of Estate Agents (NAEA) shows that 75% of women will be deterred from putting their home on the market after the introduction of HIPs. This decision is driven by potential withdrawal costs of between £600 and £1,000 and compares to only 64% of men.

Women have long been hailed as the real decision makers when it comes choosing a home. There is a stereotype that says this is because women are more likely to have an emotional bond with a property, once they have found a place they can make a home they will tend to go with it. Men, on the other hand, are traditionally thought to be more practical and financially minded. However the NAEA’s latest research demonstrates this is not always the case.

Peter Bolton King, Chief Executive at the NAEA, comments: “Women are clearly just as investment minded and shrewd when it comes to making decisions involving the family home. This goes a long way from the stereotype that women are only interested in aesthetics of the home rather than managing finances.”