Over 650 respondents took part in the poll, with 3% predicting that the fees hike will have little impact to home buyers of the future, whilst a further 3% are still undecided on the matter.
However, Jonathan Burridge, broker from mortgage advice company Maan, insists that the trebling of tuition fees will make little difference to the difficult first-time buyer situation in the market.
He said: “The truth of the matter is that more and more first-time buyers are now moving into the rental sector, rather than purchasing their own property, because of the difficulties obtaining a mortgage.
“I think that once the changes in tuition fees take place, we’ll see a market where home-ownership will no longer be the holy grail that it once use to be.”
Mortgage broker Brian Bird, from Mortgages-online.co.uk, also said that the fees hike will have little impact on the plight of potential home owners.
“First-time buyers now are finding other ways around of getting on to the property ladder. Some are turning to the bank of mum and dad, whilst others are choosing to buy houses in more affordable areas of the country, then renting their property out whilst working in the city,” he said.
“I think most aspiring home owners are thinking along these lines as a way to get on to the property ladder without breaking the bank.”
Bird added that with most potential home owners having some form of debt on their shoulders when applying for a loan, obtaining a mortgage is only set to get more difficult over the years.
He added: “I think the main impact the fees hike will have is on the courses that students study in higher education. It is likely that there will be a rise in the number of students applying for law and medical degrees, where salaries are generally larger.
“In the future, lenders may choose to provide loans to people in those types of professions, as they will most likely be considered a lower risk borrower.”
