1 in 8 plan to move within 5 years
In this speed read we look at how long homemovers intend staying in their homes
One in every eight home movers across the UK expects to be in their new home for less than 5 years, over one third for a decade or less.
While younger buyers expect to move quite quickly, 44% of those aged 55-64 and 35% of those aged 65+ expect to be in their new home for over 20 years.
In 2019/20, those with a mortgage spent an average of 10 years in their home. This compares to 23.8 years for owner-occupiers who own their property outright (English Housing Survey).
