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Third of Brits plan to move home in 2011



One-third of Brits plan to use residential property conveyancing services this year, according to new figures that reveal more people want to move home this year.

Across the UK, 30 per cent of people are planning to move house in 2011 – three times higher than the number at the height of the recession.

Recent figures from the Office for National Statistics reveal that 2009 saw a record low for people moving house.

Residents in the south-east of England (40 per cent) are the most likely to plan to find a new home this year, while Scots (22 per cent) seem to be happy where they are.

Clydesdale Bank retail director Steve Reid said that while the figures are "encouraging", the market holds on to its "natural caution".

He continued: "It's understandable that many people will have put off moving in the last couple of years so the potential demand is there - but the conditions will have to be right for the individual house buyer to see that demand translate into a move."

Posted by Gaby HamertonADNFCR-1678-ID-800409612-ADNFCR
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