Related topic: Home mover

The overall fall in applications in Q2 was mainly driven by remortgage applications, which were down 38%.

The average value of home movers’ deposits fell -24.8% year-on-year, despite the average purchase price rising 1%.

Stamp duty was cited by 28% of affected owner-occupiers as a barrier to moving.

40% say they would prefer to invest in home improvements to reduce overheating from the outset, rather than rely on cooling devices.

Nationwide’s lowest rate now 4.50% for new and existing customers looking to move home.

The Charter aims to reduce delays, minimise fall throughs and improve confidence across the transaction chain.

Upsizers account for 70% of home movers buying and selling simultaneously so far in 2026 – the highest level in five years.

Problems with chains have led three in 10 to put off future moves, while one in seven say they’d only consider a cash or first-time buyer in future.

The change could provide an uplift of £37,500 for single applicants and £50,000 for joint applicants.

The majority (61%) of potential movers surveyed said they were aware of rumours about changes to property taxes in the Budget.