Christmas no obstacle to moving house

Friday, 16 November 2007 12:00 AM

The 12 weeks leading up to Christmas day have been revealed as some of the busiest of the year for those moving home in the UK.

While spring is usually regarded as the prime time to relocate, the run-up to the festive season has now been identified as a new boom period.

According to the Alliance & Leicester, some 22 per cent of all home moves take place during the period, with one in 12 homebuyers willing to move in December.

Those moving house over the period are also on top of their finances.

Some 53 per cent looking to move said it would not hinder their preparations for Christmas, while ten per cent had saved earlier in the year to prepare for the move.

Only one in ten said they had planned to cut back on spending to assist with moving house, while only two per cent said they would rely on credit cards to finance Christmas spending.

"With so many people moving into their new homes during the run-up to Christmas it can feel like a rush to get the family settled and the new furniture ordered before December 25th," said Stephen Leonard, director of mortgages at Alliance & Leicester.

"But it is very encouraging to see many people are planning ahead to budget for their moving costs and saving in advance to ensure it doesn't have a big impact on their Christmas.

"Clearly planning ahead, budgeting and saving are the key to a less stressful move."

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