Property Owners Want Bigger Properties

A study by the National Association of Estates Agents has made some startling revelations about why property owners want to move home.

Citing that the reason 78% of property owners want to move home is because of a desire to own a bigger and better property; this survey of over 1,000 estate agents is a testament to the fact that confidence in the property market is growing.


Just 12 months ago demand for smaller properties such as flats dramatically increased after many property owners found they were unable to raise the finance to afford bigger 4 bedroom detached properties.

Yet this recent switch in focus seems to suggest that the UK property market is finally emerging out of the economic downtown bringing with it increased mortgage availability…

Other reasons property owners attributed as their reasons for wanting to sell included:

• Getting a divorce – 58%
• Getting a new job - 27%
• Forced to sell due to debt - 41%
• Buying/selling property due to a family death -39%

Original Article

More About the Author

Fraser Stirling, Property Mentor Delegate

No matter what the media wants you to believe, property is still the only investment route where you can benefit from an asset that will NEVER go into zero value. Even when I was university I admired properties ability to withstand the economic elements and stay strong, even when other investment forms faltered or failed. X years on, I am now the proud owner of multiple property investments - one of which earns a passive income of £4,680 and my property portfolio is still expanding. Read more