Two-thirds of recent UK movers say buying process has put them off moving again, OPDA survey finds
Two-thirds of recent UK movers say the buying-and-selling process has discouraged them from moving again, with one in five strongly deterred, according to a 5,000-respondent survey from the Open Property Data Association. Average completion times have stretched to 135 days from 93 days in 2019. For sellers, this means weaker chains and more fall-throughs as second-steppers stay put; for buyers, it means narrower stock at the bottom of the ladder. The figures are self-reported, and process times vary by region.
What this means for…
Buyers· 2/3
Sellers· 2/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 6/9.
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