Brits now move house every 19 years
New data from Barclays Mortgages suggests Britons are now likely to stay in their homes for almost 19 years between house moves – a far cry from the seven years which was the average before the global financial crisis.
Data drawn up by Barclays and property data consultancy Hometrack says that the average person in the UK stays put for 18.7 years and instead improve their home in the interim.
The figures show that those in Wales are the least likely to move, with the average homeowner staying put for nearly 23 years. However, those in Scotland are the quickest movers, upping sticks after an average of almost 15 years.