Older buyers more mobile
Recent research from Findaproperty.com and Primelocation.com suggests that older buyers are likely to travel further when they purchase their new home.
Amongst the over-55s, buyers were looking to relocate an average distance of 48 miles. This figure dropped to 29 miles for 45 to 54-year-olds, 14 miles for 25 to 34-year-olds and 9 miles for those aged 18 to 24.