I like to move it, move it. You like to move it move it!
One in every eight home movers across the UK expect to be in their new home for less than five years, with over a third of new home owners for a decade or less.
Over half of home buyers aged up to 34 expect to move again within a decade, 18% only expecting to be in their next home for five years of less.
While younger buyers expect to move quite quickly, 44% of those aged between 55-64 and 35% of those aged 65+ expect to be in their new home for over twnety years.
In 2019/20, those with a mortgage spent an average of ten years in their home.
What are your moving plans?
If it's something you are contemplating and would like a current valuation for your property, then contact us today.