19
Sep
Survey shows people still wanting to move

A survey of house hunters has revealed that the majority of people
still want to buy in the near future, despite the credit
crunch.
The study by property portal findaproperty.com has revealed that 53
per cent of site visitors are keen to move in the near future, with
37 per cent targeting a move in the next six months and 52 per cent
looking to move in the next six to 12 months.
Making a change from renting to buying was the most popular reason
for making a purchase, this reason being cited by 21 per cent of
those polled, while other frequently stated reasons were moving
into a home with a partner, moving closer to work and moving to a
better postcode.
Content editor of the site Michael O'Flynn commented: "It's become
proverbial wisdom that the only people contemplating a move at the
moment are doing so because they have to, but our survey shows that
many are also planning to move because they want to."
The latest figures on home ownership in England from the Department
for Communities and Local Government, published today, show that
during the financial year 2006-07 the level was 70 per cent of
householders, totalling 14.7 million people.