Moving home is considered one of the most stressful events in life, so choosing the best time to move is one thing that you try to control and make it a less stressful experience.
With regards to the right time, we are talking specifically about the time of year, and depending on whether you are renting or a home owner this can vary greatly.
There are distinct times of the year when the number of national home moves rise and fall.
February to the end of June is considered the prime time of the year to sell/buy or move in
general. In late spring (March onwards) the weather is pretty good, the dark days of winter
are behind, the kids are back to school and more people become involved in the property
market. As a home owner, house asking prices are more likely to be obtained or even
increase. For renter more properties become available giving a better choice for your
July is where the house hunting starts to cool off and by the end of the month is almost non-existent. For the next two and half months until mid September, the ‘British summer holiday’ is a bad time to move as the majority of people, especially families are more concerned with holidays and entertaining children home for summer. As less people are looking to move, this can mean fewer options of properties to move into. In some cases this can be seen as an advantage. For a renter looking for a cheap option, they may be able to bargain down on a property that has been sat idle for a while and the owner just wants it occupied.
Late September and October, and autumn in general is a good time to move, just not as good as spring. Moving as a renter is easy and can last up until late October. But as a homeowner in a chain, if you enter too late, you could be waiting until the new year before you actually move home due to another complete drop over late November and December while people concentrate on Christmas.
Generally as a renter you are more flexible than a home owner because you are not caught up in the chain of relying on other people to sell their property as well. If you have a short tenancy contract you can often move with only a month’s notice.
Some key times that are best avoided revolve around the student calendar. If you live in a University town or city, really try to avoid the days in which the student’s terms start and finish and housing contracts end. At this time thousands of students have to vacate their rented accommodation and are collected by parents, meaning a huge increase in traffic in your area and a large demand for van rentals and property.
If you follow some of these basic rules of when and when not to move home, it might just become a little bit of a more pleasant experience.