What is the Boxing Day Bounce?

26th December for many of us is a day to unwind with a half-eaten box of chocolates and take a breath from the pressures of Christmas Day, particularly those who cooked and tidied away large volumes of wrapping paper. However, elsewhere there are a significant number of people who find themselves perusing property portal sites such as Rightmove and Zoopla who prepare for a rush of buyers and sellers the day after Christmas.  

According to Zoopla, visitors rise 60 percent month-on-month in December, and Rightmove witnessed an impressive 25,147,701 visits to house-related pages on their site in 2022. It also sees an 80 percent increase in estate agents from new sellers throughout Christmas and into January.

What pushes this surge in virtual property search on Boxing Day?

The festive season provides opportunity to reflect on various aspects of our home which we may not notice the rest of the year. These could include:

  • Is our house too small or too comfortable to host in?
  • Do we have lots of empty space now the kids have left home?
  • Are we too far away from our friends and family?

These considerations develop during the festive period and drive what is known as the ‘Big Boxing Day Bounce’. It is the day when many individuals think about exploring new housing options. For sellers, it emphasises the advantage of listing their property before the Christmas break – something that proves to be a clever move in preparation for the Boxing Day Bounce.

Thinking about moving?

Make sure you have had your affordability checked with an independent broker before you hit the search sites. Call us now: 01628 507477.

Recent posts

According to a report in the Guardian, senior ministers have asked Treasury officials to look into a “proportional” property tax to see how it would work as an alternative to the existing stamp duty land tax on owner-occupied homes. 

More than a quarter of UK adults in long-term relationships (26%) have reported that despite living together, they keep their finances separate from one another.

There has been a rise in both rent and mortgage costs over the last three years, with renters seeing a greater increase in their monthly payments than those with a mortgaged property.

The new Delayed Start Mortgage launched by Skipton Building Society allows first time buyers to postpone the first three mortgage payments. This product has been designed to help soften the blow of moving in costs for first time buyers. 

Mortgage lenders are starting to recognise their “Green” responsibilities when it comes to the different products they offer. 

A recent study by Boon Brokers where 1,000 people who had used an estate agent over the last year were surveyed, showed that a whopping 52% said they were pressured into using the estate agents’ in-house mortgage broker.

Analysts are predicting further rate cuts this year, with the next one possibly coming down to 4% when the Bank of England’s Monetary Policy Committee meet on Thursday 7th August 2025.

The Financial Conduct Authority (FCA) has shared new changes to mortgage rules with the aim to simplify remortgaging, and encourage competition within the mortgage market.