There are bound to be mixed emotions when it comes to moving home and some recent research from conveyancing services firm My Home Move show just how attached UK home owners can be to their properties.
The survey revealed that 43% of respondents said that they experienced grief or a sense of loss or sadness when they moved. 83% admitted that they were emotionally attached to their home and 62% felt a sense of dread or nervousness just at the thought of selling a well-loved home. Only 23% of those asked said they were excited about moving.
According to the research it is memories of all that time spent in a home that affects most people, although leaving a community or location as well as having to say goodbye to a garden can also create feelings of sadness. Inevitably these kinds of feelings are felt more keenly by older home owners, particularly those aged 45 and over while younger property owners aged between 18 and 34 were the most excited or happy at the thought of selling their property.
CEO Doug Crawford believes that this emotional attachment could be behind many older home owners being reluctant to downsize. ‘Having investing years in their current property, financially and emotionally, it is understandable that home movers and downsizers are not prepared to settle for the wrong kind of home”. It is really important to consider the emotions of moving especially for older people looking to leave behind a host of memories and downsize.