News at Ware & Co | 09/05/2022

  • More than 1 in 3 are in the process of, or are considering moving home, according to a survey of 3,000 respondents conducted by Nationwide in April.
  • Housing market activity remains buoyant, despite increasing pressure on household budgets which is impacting consumer confidence.
  • A desire for space continues to motivate many. 1 in 4 of those moving or considering a move stated this was to go to a larger property, although 38% of those aged 55% were seeking to downsize.
  • Asking prices remain at record highs; UK annual price growth is in double digits and monthly price growth is also positive, according to many of the national indices (Rightmove, Nationwide, Halifax, UK HPI).