People move for all kinds of reasons – their family grows, their job requires them to relocate or they’re looking for a different pace of life. On average, research shows people typically move three times between the ages of 25 and 45. Once people are older, and have found somewhere they like, they tend to stay put, with around 60% of adults having lived in the same house for more than 15 years.
Should the time come when you need to move up the property ladder, there are questions to ask yourself to help assess whether you’re moving for the right reasons.
- When do you next envision your needs changing dramatically? Think about your priorities. Are you planning a family? Will you need to look after an elderly relative? If so, plan ahead somewhat and anticipate the needs of your growing family.
- How long do you see yourself in your current job? Career moves often encourage people to relocate. Long commutes can take their toll. Always think about whether you can see yourself in a role in five years’ time. If not, you could find yourself needing to move again.
- What kind of lifestyle are you looking for? Developments can spring up in under a year and over the space of a couple of years, an area can dramatically change with heavy investment. If you’re looking for a quieter life, such changes may put you off a location you once loved. Make sure you check out the government's Planning Portal to find out about any planning applications made in the area.