Following a busy period in the housing market, research⁵ suggests there is still strong demand among homeowners and renters looking for new opportunities.
Keep moving
Around 30% of Brits have moved home in the past three years, driven by:
- Lifestyle improvements (17%)
- A desire to be closer to family and friends (17%)
- The need for more space (15%)
The trend shows no signs of slowing down, with one in six homeowners planning to relocate this year. In 2025, key priorities for potential buyers include:
- Garages or driveways (40%)
- Gardens (39%)
- Functional spaces like utility rooms (32%)
A step towards homeownership
Among renters:
- 1 in 5 believe homeownership is within reach in the next five years
- Property prices (40%) and the size of the deposit (37%) are the biggest obstacles
- 6 in 10 renters feel it would be impossible to purchase a home without financial support from a family member
Staying put
For homeowners choosing to remain in their current properties:
- Around 43% are thinking about renovating or redecorating
A quarter plan to enhance their home’s energy efficiency
⁵Barclays, 2025
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🚨 Data accurate as of the date of publication –19.05.2025
🚨 The above material is for informational purposes only and does not constitute a sales offer or financial advice. Before taking out any insurance, credit agreement or other financial product, you should obtain individual advice on your requirements and the general terms of the contract.
Source: Quilter Financial Planning – Essentially Mortgages Q2 2025