British ceased to move from house to house

The stagnation of the British real estate market has reached a level where the number of people moving from house to house, it was less than ever since the start of statistics. Owners wishing to change their home, stay in the same accommodation because of adverse conditions in the mortgage market - large down payments and high interest rates, and also due to the high stamp duty that must be paid when the transaction state. Total 534 000 property owners have moved from one house to another in 2009 - the latest for which statistics are available. This is 45% less than in 2008, and the absolute minimum for all time keeping statistics - according to the National Statistical Office. Thus, the crisis in the real estate market has changed their way of life of millions of Britons. No less impressive and the data 2009, the number of customers who have purchased their first home in life (first-time buyers), close to the historical minimum. Ten years ago, 600,000 young people buy their first home, there were only 200 000 in 2009. At the same time, more than 80% of buyers are under 30 years make a purchase only through the financial support of their parents, whereas in 2005 this figure was only 38 %. According to The Move Channel