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Why UK Home Owners Want To Move

Posted: Friday, 19 August 2016 @ 12:51

According to research home owners get the ‘seven year itch’ towards their properties, and are ready to move after 7 years and 4 months.

Women it seems are mainly the ones behind this urge to move; triggered by ‘house envy’ after visiting friends more desirable properties. Wanting to keep up with the Joneses or out do them seems to be another element to wanting to move home.

Boredom and irritation; with a property are also to blame for wanting to move. What once was your ideal home now just isn’t doing it for you; you want open planning living, a dressing room or a something with more character, everyone will have their own list of why their home isn’t right and start the search for their new ideal home.

Retirement; is a time when people look to move, after living close to work or staying close to schools and family now is the time when home owners can spread their wings and live where ever they want. With many choosing to move to less expensive areas to take advantage of cheaper property prices and to maximise their retirement income. It is also a time when many decide to down size not needing or wanting the original large family home.

Moving for work; is another common reason why people move home. Wanting to be closer to their work place to avoid a long commute it is a logical reason for wanting to move.

A change in a relationship; can lead to a house move whether it is getting married, buying with a partner or getting a divorce all are reasons for wanting and needing a new property.

Downsizing; there are many reasons why people decide to move to a smaller property from not needing the extra space, wanting to reduce day to day costs, to wanting a home in area that is more expensive but a smaller property is the only option.

Upsizing; wanting and needing more space makes it necessary for a family to move.

Money problems; can lead to a house move and downsizing can help when people are in financial difficulties other times people are forced to move as they can no longer afford the mortgage payments and the up keep of a property.

Fresh start; sometimes there just comes a time when people just feel they need new surroundings and want a new environment to start over.

Reasons Why Maybe You Shouldn’t Move

Moving is very expensive and stressful so before you think about putting a board up outside, have a think about why you want to move and is it actually worth the money and hassle…

  • Unless you intend to stay locally then moving away from friends and family can be very difficult for all the family. It’s true that you can make new friends and have old friends to visit, but there’s nothing more precious than old friendships and family.
  • If you have children then up routing them from their school can be stressful and potential the wrong thing to do, especially if they are in the middle of their exams. Careful thought should be given to your child’s education over a house move.
  • It has to be said that it is very stressful moving home so look at your own home and see where improvements could be made. For example if you are looking for additional living space could you add a conservatory or home extension? Extending your property will be less stressful and cheaper!
  • Moving is expensive! Let’s just list a few costs involved; estate agents fees, solicitors, stamp duty, Removal Company, decorating and new furnishings! And that’s before you a start preparing your own home to attract buyers.
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