July move ‘popular’ among older Britons

July is regarded as the most popular month for people over the age of 50 to move house, according to Saga Home Insurance.

Figures released by the group indicate that more people in the over-50s bracket have moved house in July in the last five years than any other month.

Downsizing appears to be popular among over a third of respondents in the poll, with many wanting to move to a smaller home.

Some 34 per cent of respondents also cited the desire to be closer to family as a motivating factor to move.

Andrew Goodsell, chief executive of Saga, said: “We can see that family is a key influencer on where future retirees will migrate to, but we can also get a sense of just how people plan to spend their retirement – with shopping and social activity as key attractions when searching the area to retire to.”

Mr Goodsell said that people moving home might consider taking on Saga Home Insurance, which might help them minimise the stress of moving home.

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