PROPERTY is still a safe bet for investors even after the vote to leave the European Union last month according to a Bracknell estate agency.

The staff at estate agents haart (COR) say property remains a great investment and that despite claims about tumbling property prices the "appetite" for buying and selling houses in the UK is still strong.

While the so-called Brexit jitters caused volatility in the markets, haart chief executive Paul Smith says demand will remain high due to the critical shortage of housing stock across the country.

He said: Property remains a great investment even during this short period of uncertainty following on from the Brexit result. The critical shortage of housing in this country won’t change due to a temporary dampening of demand especially with 80% of young renters who remain desperate to get on to the housing ladder.

"The banks have enormous cash reserves for mortgage lending and with more lenders coming to the market over the next year, the intense competition between lenders should see reduced mortgage rates, which will stimulate the property market. Couple the competitive lending market with low interest rates and property becomes a very attractive place to make an investment.

"The appetite to invest in UK property won’t disappear and during this time we’re saying that the public should feel confident that if they put their property on the market they will achieve a sale at a realistic price."

The manager of the Bracknell branch of haart said they had plenty of new applicants joining.

Iain Weatherall-King said: "Now is a great time to come to the market in Bracknell while many people will sit back and let the Brexit result pan out it’s those that come to the market sooner that are more likely to achieve a sale quickly.

"Our new applicant levels remain strong and I would encourage those that are already on the market to hold a strong position and remain confident in achieving a sale for their home, and where the situation is less certain, be prepared to be flexible in your approach."