Homeowners get itchy feet after 7 years

Grovelawn Financial News 09/12/2011

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Women more likely to want to move soonest

New figures indicate that people are just as likely to get fed up with their home after seven years as they are their relationships, says the results of a survey of more than 3,000 homeowners.

Women are 16 per cent more likely to want to move home then men and are far more likely to suffer from a form of envy for other peoples properties. The most likely reason is that people become bored with their existing home and find more attractive ones available on the market. It is estimated that the over 55 age group will wait a little longer, up to just over nine years, before deciding to look for a new home.

Homeowners in the south-west, in general will start to look for a new home after the eight year mark with people in Wales looking after just over six years in one home

← Scheme to lend developers £400million | News For December 2011 | Rise in the number of instructions for 2012 →

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