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Homeowners ‘Staying Put For Longer’

by Jamie Adrankone

Homeowners ‘Staying Put For Longer’

British homeowners are moving less frequently than they used to, new research from Zoopla has revealed.

The property website noted that Brits move home an average of once every 23 years, considerably less frequently than at the end of the 1980s, when people moved an average of every 8.63 years.

According to the website, there are a number of reasons why people are moving home less frequently, including the economic instability and affordability issues within the country’s housing market.

However, Wales is one of the regions of the UK where housing affordability has been improving in recent years, research from Yorkshire Building Society found earlier this month. The organisation’s figures show that housing affordability in Wales has improved by 18 per cent in the past ten years.

While affordability is one issue that’s impacting the rate at which we’re all moving, another problem can be a lack of housing stock, something that’s especially noticeable in rural areas of the UK.

Of course, when you do move home there is a lot to think about aside from finding the right property and organising the logistics of the move itself. In some circumstances, you may want to take out self storage to give you somewhere to keep furniture and other large possessions before you’re able to move in.

You should also look into the insurance you have covering your possessions, as some insurers won’t cover items during a move - particularly if you’re doing it yourself rather than using a professional removal service.

If you’re looking for storage in Llandudno, get in touch with us at Lock Stock Self Storage today to see how we can help.


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