Almost 72,000 home moves predicted in December

Michael Lloyd

December 4, 2019

Almost 72,000 home moves are set to take place in England and Wales this December, reallymoving has found.

This is despite a combination of a General Election, Brexit uncertainty and the usual seasonal slowdown.

In total 71,904 sales are expected to complete during December, compared to 71,562 in December 2018, according to Land Registry.

Rob Houghton, chief executive at reallymoving, said: “The housing market is certainly subdued as we head into the festive season but bearing in mind a looming General Election, a failure to resolve Brexit and Christmas on top, the figures are remarkably reassuring.

“Those people who need to move are continuing to do so, mainly because borrowing remains cheap, unemployment is low and price falls can often be absorbed by those buying as well as selling.

“Conditions also continue to be favourable for first-time buyers who currently account for 54% of transactions.

“For those who are moving during December, it pays to get organised, book your removals early and do as much as possible in advance to ensure things go smoothly and you’re comfortably settled in your new home by Christmas Day.”


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