As Quick Move Now are national home buyers, we decided to take a look at trends around the UK and see if we could pick out any interesting facts and figures from our data for the property lovers out there! It feels like we consistently purchase properties all over the UK, from the top of the north one day to down on the south coast the next, and we decided to see if this is just a perception or whether it is true!
We started off by looking at the north/south divide in house purchases and found that, for us, it didn’t really exist! The counties where we purchased the highest number of properties were Kent and South Yorkshire, closely followed by Essex, Norfolk and Suffolk – not what you’d typically expect.
The reasons why people want to sell their houses to us are wide and varied, with the most popular being 1) to downsize, 2) to relocate and 3) to avoid the problems associated with chains. Although repossession purchases make up a small part of our business, a high level of them per capita in an area signifies that it is struggling economically. Therefore, we took a look at the areas where this was higher than average.
Here, we did see a representation of the north/south divide and, unsurprisingly, the northern towns of Sheffield, Newcastle, Manchester, Wakefield and Doncaster featured highly in this. Interestingly though, we also saw that the counties of Devon and Cornwall in the south and Essex and Kent in the east had a high level or repossession purchases per capita. It just goes to show that there are pockets outside the north that are suffering too.
In terms of national coverage, over the past year we’ve purchased properties from the four corners of England – Northumberland, Cumbria, Cornwall and Kent, along with most counties in between. We’ve also bought houses in Wales and Scotland so this shows us that we truly are national homebuyers! It also shows us that nowhere is exempt from the vagaries of a slumping property market.
Quick Move Now is the UK’s leading home buyer, offering a quick, secure and hassle-free house sale. Our experienced team, efficient processes and substantial cash reserves allow us to make immediate purchases, enabling vendors to sell their houses quickly and move on with their lives.