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Brighton is the most stressful city to move let’s say Legal and General

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A NEW poll has found Brighton to be the most stressful city to move to.

From financial difficulties to mental health implications, data from a survey conducted by Legal and General examined the impact on homebuyers in Brighton and across the country.

The survey found that moving in Brighton was more stressful than any other city, with 70 per cent of homebuyers experiencing elevated levels of stress when moving.

Moving was found to be a strain on finances – nearly a third (30 per cent) of Brighton homebuyers went over budget on their latest property, leaving 30 per cent worried about their financial security.

Other important findings were:

  • Homebuyers in Brighton are struggling with significant mental health problems as 39 per cent experienced anxiety when moving
  • 43 percent argued with their partner when they last moved
  • 22 per cent of Brighton homebuyers found it difficult to pay a down payment
  • Homebuyers in Brighton paid an average of £1,072 over budget for their latest property
  • 43 percent fear not having enough money to cover the additional costs when moving

But despite the stressors involved, the poll found a majority (83 per cent) of people in Brighton would consider moving again.

However, many said they would make sure they were better prepared — 35 percent would allow more time for the moving process, and 30 percent would save more money than just the deposit.

Paula Llewellyn, Chief Marketing Officer and Legal and General Retail, said: “There is no shortage of households considering moving across the UK, but it is clear that it is still an incredibly stressful life event, particularly due to the financial strain of the process.

“An overwhelming 58 percent of homebuyers surveyed said their most recent home cost more than they budgeted, while 40 percent were concerned about not having enough money to cover the costs.

“Almost a third of respondents said in retrospect that they would like to understand the complexities of the process before moving.”

https://www.theargus.co.uk/news/20671315.brighton-stressful-city-move-house-say-legal-general/?ref=rss Brighton is the most stressful city to move let’s say Legal and General

Fry Electronics Team

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