What impact did rising interest rates have on plans to move home? That was the question tackled by a new survey, looking at our home moving intentions. According to the research, carried out before and after the latest interest rate hike, the proportion of British adults planning a house move in the next six months fell from 8% to 6%. The proportion had been consistent at 8% throughout 2018, until the Bank of England decision to increase interest rates from 0.5% to 0.75% in August.
Interest rate rise changes plans to move home
This 738 word blog post looks at how home moving intentions have changed in light of the recent interest rate rise. Written on 16th August 2018.