13 Dec 2023
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
More borrowers using equity release
Yesterday
Almost one in five equity release mortgages are now taken out to provide financial support to family.
Buyers purchasing properties sooner
3 days ago
According to industry data, the expected wait for those looking to buy a property has dropped from just over 11 months to less than six months.
It is common for your first mortgage payment to be higher than your subsequent monthly payments for two reasons.
What to do just before you get your keys
8 days ago
Firstly, a big congratulations, you’ve now exchanged contracts! After weeks and months of waiting, you are about to move in. What should you do first?
The chancellor will deliver her second budget this autumn. Due to slow economic growth and high inflation, the government need to manage a £40 billion shortfall in public finances. There have already been reports about changes to taxes including income tax and capital gains tax.
Landlords could face a new tax this autumn
29 Aug 2025
The chancellor has advised that landlords could have another tax to pay this autumn as the Treasury decide whether to extend national insurance contributions to rental income.
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.
More information
Trusted by
