to main page send e-mail Last Updated:  Thursday, February 20, 2020
The original Maxi Mover - low floor 3.5T Luton van sales

The independent voice of the global moving industry

FEATURES

Ten vital UK moving statistics from 2019

Feb 07, 2020
Home move comparison site reallymoving has revealed ten statistics that together tell the story of UK home movers during 2019, including when people moved, how far they went, the most popular destinations and of course, what it all cost.

The Mover February 2020 STATS 42

1)    The busiest day of the year for moving home was Friday, 30 August followed by Friday, 28 June and Friday, 27 September. Friday was the most popular day to move throughout the year and movers tended to favour the last week of the month.

2)    Those buying and selling a home typically paid £1,154 for conveyancing, excluding disbursements and expenses such as Land Registry fees. First time buyers meanwhile paid £677 on average.

3)    The median distance moved by UK movers in 2019 was nine miles, while most (40%) moved within a five-mile radius of their previous home. On average they paid £420 for removals services.

4)    London received the highest volume of home moves in 2019, accounting for 12.1%. The second most popular destination was Birmingham (3.2%), followed by Manchester (2.2%) and Reading, Berkshire (2%).

5)    First time buyers were the driving force in the property market in 2019, accounting for 55.7% of all home purchases throughout the year. Over a fifth used a government scheme to help them buy their first home, such as Shared Ownership (14.6%) and Help to Buy (7.3%).

6)    The average deposit paid by first time buyers in 2019 was £28,800 - 16%[1] of their average purchase price of £180,000.

7)    Repeat movers (those buying and selling at the same time) sold their homes for an average price of £237,000 and bought for an average price of £292,500.

8)    While first time buyers across the UK largely escaped paying Stamp Duty Land Tax on their purchases, repeat movers typically paid £4,625 on completion.

9)    The UK failed to tempt home movers from the European Union in 2019. The share of EU home movers choosing the UK as their destination dropped by over two thirds (68%) compared to the twelve months leading up to the EU Referendum in June 2016.

10) The most popular destination for international movers from the UK was the United States (19.4%), followed by Spain (9.9%), France (7%), Australia (6.3%) and Germany (5.4%).

reallymoving’s CEO Rob Houghton commented, “First time buyers were the driving force in the market during 2019, encouraged by cheap loans, soft house prices and plenty of government support in the shape of Shared Ownership and Help to Buy which remain extremely popular.”

“In terms of international moves, the UK fell sharply out of favour with people moving from the EU, as evidenced by a sharp decline in the proportion of EU residents making inward moves to the UK. Most home moves remained local with a remarkable 40% taking place within five miles of existing homes, suggesting that people were more motivated by extra space and more desirable properties than by major moves for new jobs or lifestyle changes.”

Photo: Rob Houghton

Click here to read the next editor's pick.

Click here to read the magazine.

     Click here to send us your stories
     October 2019 - 19,489 page views
     List of advertisers
     Directory of suppliers
ISS Relocations: UAE, Oman, Qatar, Bahrain, Kuwait and India
Cookies: This site uses non-invasive cookies to provide an enhanced visitor experience and to measure site performance.  By viewing this website you are agreeing to our use of cookies in this manner.  For further information on how cookies are used on this site, please see our privacy policy.
Privacy Policy  |  Terms of Use  All material © 2011 The Words Workshop Ltd.