Almost one sixth of second-time buyers (16%) felt it was a bigger decision than their first purchase as it was a property for the long term. Some 7% of second-time buyers separately sold their first house and rented before entering back into the property market, just to avoid being part of a chain.
Finding the right property was the most stressful part of the house buying process for over a third (35%) of homeowners, rising to 47% of those over 70. One fifth (20%) of homeowners found moving in the most stressful, and over one in ten (12%) felt it was getting and arranging a mortgage.
Karen Barrett, Chief Executive of Unbiased.co.uk said: "Buying a house is a stressful experience. So much time and effort is invested into finding the right home; it is no surprise people find it more stressful than having a baby! Buying a home is probably the most expensive decision you will ever make and involves lots of complicated stages."
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