Article credit: Estate agent today
Moving home has been identified as the most stressful life event, with buyers and sellers citing waiting to exchange as the biggest bugbear.
New research from Legal & General Retail reveals the average Brit moves four times in their life – and its poll of more than 1,000 homebuyers found it is seen as the most stressful thing you can do, even more so than having a child getting divorced.
More than half or 58% of survey respondents said they paid over budget for their most recent property and in retrospect 33% wished they’d saved more before committing.
Other reasons for stress included not having enough money to cover unexpected or hidden expenses while 37% just said they hate packing and unboxing.
A third of respondents each said waiting to exchange contracts and finding a new property were the most difficult aspects of buying.
Asked why they moved, 42% of respondents cited needing more space, while 26% said they moved for a change of scenery or lifestyle.
Almost half of respondents said they experienced increased stress levels because of moving
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