Blog Post

On the move

TomS - Head Tom Simper Apr 28, 2022, 12:30 PM
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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).

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