1 IN 8 PLAN TO MOVE WITHIN 5 YEARS
News at Ware & Co | 20/07/2021
- One in every eight home movers across the UK expects to be in their new home for less than 5 years, over one third for a decade or less.
- While younger buyers expect to move quite quickly, 44% of those aged 55-64 and 35% of those aged 65+ expect to be in their new home for over 20 years.
- In 2019/20, those with a mortgage spent an average of 10 years in their home. This compares to 23.8 years for owner-occupiers who own their property outright (English Housing Survey).