New research has revealed that when it comes to moving home, many don’t fly too far from the nest as nearly half of those asked admitted they live close where they grew up.According to th...
New research has revealed that when it comes to moving home, many don't fly too far from the nest as nearly half of those asked admitted they live close where they grew up.
According to the study carried out for mortgage and loans provider Ocean Finance 47% live within 15 miles of their parental home.
Figures also show that Northerners are the most likely to remain true to their roots. Almost two-thirds (63%) of those from the North East still live within 15 miles away of where they grew up. This is mirrored by those living in the North West (54%), Yorkshire (54%) and Scotland (52%).
People living within 15 miles of their hometown
For nearly a third of adults, the radius is set within five miles when searching for their new home. The number of those not willing to venture more than five miles has increased from about a quarter (23%) in 2013, when similar research was conducted.
Fewer than a quarter (23.5%) of adults live more than 100 miles away from their childhood home. This is most common amongst residents of the South West (44%), East Midlands (34%) and South East (28%), the research shows.