Moving house - it`s a stressful experience says National Homebuyers

Released on = May 8, 2007, 7:05 am

Press Release Author = Charlotte Burrows

Industry = Real Estate

Press Release Summary = Stress brought on by moving home affects 40 per cent of
Britons\' productivity at work, it has been revealed.


Press Release Body =
A survey by national estate agency Your Move discovered that the stress associated
with moving house is enough to keep millions of Britons\' minds off their jobs and
adversely affect their performances - which could potentially cost the British
economy millions of pounds.

Mike Ockenden, director general of the Association of Home Information Pack
Providers (AHIPP), speculates that if 40 per cent of Britons lose ten per cent in
productivity each around the time of moving, the cost to the UK economy would be
over 500 million.

\"The high levels of transaction failure and the extended period of uncertainty
between offer and exchange of contracts in the current home buying and selling
process is one of the most stressful times that consumers will endure in their
lifetime,\" Mr Ockenden confirmed.

\"Several studies have shown that the stress of moving home ranks only behind ill
health, relationship breakdown and bereavement yet, incredibly we have simply learnt
to accept this in the UK - unlike in most European and Western countries, where this
is far from the norm.\"

Julian King, Director of fast purchase property firm, National Homebuyers says: \"Our
philosophy is that home selling should be stress-free. When we purchase properties,
we use an external survey, there are no public viewings, we complete at a timescale
that suits the vendor, there are no estate agency costs and we do not require a Hips
pack.

\"The property market needs a shake-up and homeowners need to realise that estate
agents are not always the right route to sell your house quickly.\"

Web Site = http://www.nationalhomebuyers.co.uk

Contact Details = Sterling House
20 Victoria Way
Burgess Hill
West Sussex
RH15 9NF

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