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Occupiers in no rush to move

NEW research carried out by NOP an behalf of Halifax Estate Agents reveals that more than a third of people have lived in their current home for at least 10 years.

The research also highlighted the fact that when people have moved, a quarter of those interviewed had moved more than 10 miles away.

Regionally, it’s those in the Midlands who seem most content to stay put with some 39 per cent of people remaining in the same property for more than 10 years. This was followed by people in the North at 35 per cent and the South at 33 per cent.

Homeowners didn't exactly rush around in the past either - again more than a third (35 per cent) said they had lived in their previous property for at least a decade.

The 55 and over age groups were the most likely to make a long move, perhaps to a country or seaside retirement home or to be nearer their families. Space is essential - moving to a bigger home was the main reason movers gave for wanting a change of scene.

Nearly a third (30 per cent) said they moved because they needed, or wanted, more space. This rises to 43 per cent in the 35 to 44 age group, probably with the demands of a growing family in mind.

The top five reasons for moving are:

• More space.

• The desire to live in a better area.

• First-time buyers getting on the property ladder.

• Relocation due to work.

• Marriage - romance is still going strong. Nine per cent of people moved because they were getting married.

Homeowners still rely most on the help of friends and family when they move. Some 36 per cent of those questioned reckoned they had been given most support by relatives and friends during a move.

The support given by professionals is also valued, with 13 per cent of movers saying their estate agent had provided the most help. This rose to 18 per cent for the younger age groups, those aged under 35.

The “hassle factor” is still an issue - homeowners are still concerned by the time the whole moving process takes.

The paperwork involved and worries over chains breaking down are also reasons for concern.

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