British Housing Secrets Revealed:
How Long Do Brits Really Stay in Their Homes?
Let's delve into the fascinating world of British housing trends and statistics. Have you ever wondered how long the average Brit stays in their home? Our infographic reveals some eye-opening statistics!
Breaking Down the Numbers
Those in private rented accommodation stop for the least amount of time, at an average of 4.3 years. People buying a home with a mortgage tend to stay an average of 9.2 years.
In social rented homes (council housing or housing association properties), people tend to remain for an average of 12.2 years. Finally, those homeowners who have paid off their mortgage stay the longest, at 23.2 years!
Are There Any Surprises?
Do any of these statistics surprise you? How does your own living situation compare? Have you moved more or less frequently than the national average?
Cooke & Co's Secret Tips
At Cooke & Co, we love sharing hints and tips with landlords and property owners to help them navigate the market with confidence. We keep some of our secret sauce to ourselves to deliver first-class property management but are always ready to provide valuable advice tailored to your unique situation.
Get in Touch
Contact us today if you're curious about your current home or need help navigating the market. Whether renting or owning, we're here to guide you through every step of your property journey.
Grab a cuppa and take a moment to reflect on these housing trends – you might be surprised!
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About Cooke & Co
Cooke & Co, a liked and respected estate agency trading since 1992, is conveniently situated in the picturesque seaside district of Thanet. We proudly operate from our local offices in the region's primary towns, namely Margate, Broadstairs, and Ramsgate. Additionally, our extensive reach encompasses the charming areas of Westbrook, Westgate, Birchington, Monkton, Manston, and Minster. Our presence in these diverse locales enables us to offer an enriched understanding and comprehensive service to the property market in these prime coastal towns and villages.
Contact our offices at the following numbers:
- Margate Office/Area: (01843) 231833
- Ramsgate Office/Area: (01843) 851322
- Broadstairs Office/Area: (01843) 600911
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