Nearly one in three British adults (30%) think property will be the best performing investment in 2022, making it the top pick ahead of cash, stocks, and cryptocurrency, according to Finder.com’s Retail Investor Sentiment Report.

Finder polled 2,001 British adults in December 2021 and 39,573 adults globally to reveal that Brits are among the most likely to back brick-and-mortar investments out of 26 countries.

30% of Brits said property would be the best performing investment this year, well above the global average of 23%.

The next most popular pick is cash, with nearly a quarter of Brits (24%) saying this will be the best investment in 2022. This is followed by stocks and ETFs (17%) and cryptocurrency (15%).

Michelle Stevens, mortgage specialist at Finder.com said the survey results suggest rising interest rates aren’t deterring Brits from thinking property is a good investment.

“Brits are most likely to back property over other investments, despite the Bank of England recently raising the base interest rate.

“The Bank has hinted that further interest rate hikes are on the horizon which could see an end to the house price boom we’ve witnessed over the past two years.

“If you’re considering purchasing property this year it’s important to factor in possible rate hikes as this could make mortgage repayments more expensive, particularly if you’re on a variable home loan rate.

“Only time will tell if this eventuates, but it’s important to plan ahead for all possible scenarios especially as the market remains pretty uncertain.”

You can view the full report here: https://www.finder.com/uk/uk-investing-predictions