Biddulph: Moorlands homeowners looking to move as house sale enquiries increase
By Jack Lenton
24th Aug 2021 | Local News
Homeowners in the Moorlands are keen to move house, a new study has found, after house sale enquiries in the district increased more than any other area in Staffordshire.
The study by We Buy Any Home found that house sale enquiries in the Moorlands have increased by 29% in 2021 compared to 2020.
However, homeowners in Staffordshire as a whole seem happy to stay put, with house sale enquiries across the country decreasing by 9% over the last year.
The district where homeowners are least keen to sell is Lichfield, which saw a 36% drop in enquiries from 2020-2021.
Homeowners are also generally looking to sell in Stafford and East Staffordshire, whereas people are generally more happy to stay put in Stoke-on-Trent, Cannock Chase, Newcastle-under-Lyme, and Tamworth.
Elsewhere in the UK, the counties that saw the biggest uptake in enquiries were East Renfrewshire, Scotland and Mid and East Antrim, Northern Ireland.
Both of these counties saw a whopping 500% increase, with Monmouthsire seeing the third biggest increase in house sale enquiries with 111%.
On the opposite end, Clackmannanshire, Newry, Mourne & Down and Angus all saw the biggest decrease in homeowners looking to sell. Scotland and Northern Ireland host both the UK's most content and discontent homeowners!
Londoners in particular are keen to sell, as the rise of home working and pandemic redundancies seems to have encouraged many Londoners to relocate.
This is reflected in London's most recent house sale enquiries, with 32 of the 33 boroughs seeing an increase in homeowners looking to sell. The largest increases in enquiries were in Hackney (225%), Lambeth (174%) and Islington (172%).
With London offering homeowners higher appreciation rates on property, the trend of those wishing to sell their homes in the capital has only increased over the last few years, increasing by 68% since 2018.
However, the last year has definitely exacerbated things, with house sale enquiries in London increasing by 81%, comparing the period of January to May (2020 vs 2021) alone. The main reason London homeowners were looking to sell up was to upsize — a desire only magnified by the pandemic.
The top reason Brits are considering selling their homes is actually positive: 18% made enquiries because they wanted to upsize.
The next most common reason driving homeowners to consider selling is selling a second home — suggesting Brits have had to focus on cutting back on unnecessary costs. The third most popular factor was retirement, accounting for 9% of enquiries.
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