Divorce as a reason for moving house drops 7% as economy improves

Figures released by Quick Move Now, show that divorce as a motivating factor behind home sales decreased 7% since 2011. Divorce as a reason for sale peaked at 16% in 2011 after more than doubling since pre-crash 2006.

Quick Move Now’s research, based on 20,000 seller enquiries per year, reveals that divorce as a reason for selling one’s home increased consistently as the economy nosedived. Divorce as a reason for sale dropped to just 9% as the recovery kicked in.

Donna Houguez, Market Analyst at Quick Move Now, confirms that it’s a sad reality that divorce and recession are closely linked.

"Financial worries can place a serious strain on a marriage and often a couple’s home has to be sold quickly when the marriage ends. These figures show that trend, with more than twice as many home sellers citing break-up as a reason to move house. And sadly these figures are still 50% above the pre-crash levels.”