20
Aug
Move from owning to renting is 'the pre-eminent trend'
The most notable trend among home movers is to rent out their
existing home rather than selling it, while themselves becoming
tenants rather than buying another house, it has been stated.
Simon Preston, chairman of postal address changing service
iammoving.com, said this is a very notable trend that has recently
emerged, stating: "People are shifting from owner-occupying to
renting and people who would otherwise have been selling their home
are renting it out and then moving to other rented
accommodation."
He added that this trend is not geographically limited to the major
cities and is occurring all over the country.
Mr Preston said this was a very evident feature of the market,
although he was less sure about suggestions that people are moving
out from cities to commuter towns.
Such a trend has been suggested by removals service MoveMe.com,
which found in a survey that commuter towns in the south were the
most favoured destinations and the ten least popular locations were
in Greater London.
