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Take me to the cleaners

Home Buyersvow Never To Move Again

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Not sure if posted already. From Yahoo News. Could result in a shortage of property!

Home-buyers vow never to move againSaturday September 3, 01:48 PM

Nearly one in 10 people have vowed never to move house again because they found buying a new home so stressful, research showed.

A further two-thirds said moving was highly stressful, with finding the right property seen as the biggest nightmare, according to Yorkshire Bank.

Nearly four out of 10 people said they had struggled to find a property that met their requirements, while one in three people claimed they avoided homes that were part of a chain.

Packing everything into cardboard boxes was seen as being the second most stressful element of a move, followed by waiting for the estate agent to phone you back and say your offer had been accepted. Selling your own property ranked fourth.

More than a quarter of people said they had found it difficult to curb their spending to save for a deposit, while others found it frustrating waiting to exchange contracts.

Other aspects of moving which people disliked were unpacking everything in their new home, waiting for the surveyor's report, finding the best mortgage deal and finding a good solicitor.

Stress psychologist Dr David Lewis claimed one of the reasons people found moving house so stressful was that a lot of things were outside their control, and a lack of control often leads to raised stress levels.

At the same time, moving is often physically exhausting, which makes it harder to stay on top of stress, while there is also the emotional upheaval of leaving familiar and comfortable surroundings.

Gary Lumby, head of retail at Yorkshire Bank, said: "We all know moving house is stressful. However, we wanted to get to the bottom of what actually appears to be making people ill with worry during the moving process.

"It's no surprise really that finding the right property came top, although you would expect selling your home to be a little higher in the top 10, especially when the market is slower than it has been."

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Don't think it'll lead to any new shortage of housing on the market, as moving house has always been stressful. So, it's nothing new...

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If they mean it then it would reduce the number of buyers too... so the net effect is very little. People tend to forget the hassle after a short time so I doubt many mean it long term. What makes me more likely to not move is the stamp duty, The next house I buy will probably be my last or next to last. I can't afford to move more often. In fact I sold my brand new TT just to pay the stamp duty (before then staying STR unexpectedly :) )

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Not sure if posted already. From Yahoo News. Could result in a shortage of property!

Home-buyers vow never to move againSaturday September 3, 01:48 PM

   

Nearly one in 10 people have vowed never to move house again because they found buying a new home so stressful, research showed.

A further two-thirds said moving was highly stressful, with finding the right property seen as the biggest nightmare, according to Yorkshire Bank.

Nearly four out of 10 people said they had struggled to find a property that met their requirements, while one in three people claimed they avoided homes that were part of a chain.

Packing everything into cardboard boxes was seen as being the second most stressful element of a move, followed by waiting for the estate agent to phone you back and say your offer had been accepted. Selling your own property ranked fourth.

More than a quarter of people said they had found it difficult to curb their spending to save for a deposit, while others found it frustrating waiting to exchange contracts.

Other aspects of moving which people disliked were unpacking everything in their new home, waiting for the surveyor's report, finding the best mortgage deal and finding a good solicitor.

Stress psychologist Dr David Lewis claimed one of the reasons people found moving house so stressful was that a lot of things were outside their control, and a lack of control often leads to raised stress levels.

At the same time, moving is often physically exhausting, which makes it harder to stay on top of stress, while there is also the emotional upheaval of leaving familiar and comfortable surroundings.

Gary Lumby, head of retail at Yorkshire Bank, said: "We all know moving house is stressful. However, we wanted to get to the bottom of what actually appears to be making people ill with worry during the moving process.

"It's no surprise really that finding the right property came top, although you would expect selling your home to be a little higher in the top 10, especially when the market is slower than it has been."

Seeing the value of your property drop month on month is real stress :(

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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