The big move – one in six relocating in 2025
| One in six homeowners plans to relocate in 2025, with garages a top priority. | Many renters are aiming for homeownership, but affordability and deposit size remain major obstacles. | Instead of relocating, some homeowners are focusing on renovations and improving energy efficiency. |
Following a busy period in the housing market, research1 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 factors such as lifestyle improvements (17%), a desire to be closer to family and friends (17%), and 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%), closely followed by gardens (39%) and functional spaces like utility rooms (32%).
A step towards homeownership
Among renters, one in five believe homeownership is within reach in the next five years. However, affordability remains a significant concern for many, with property prices (40%) and the size of the deposit (37%) cited as the biggest obstacles. Additionally, six in ten 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, many are focusing on improvements instead. Around 43% are thinking about renovating or redecorating, while a quarter plan to enhance their home’s energy efficiency.
1Barclays, 2025
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It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.