Author and showbiz agent Melanie Cantor moves house every two years but is this sensible? Jonathan Bramwell speaks to The Times
British homeowners are now moving less – on average every 21 years according to Zoopla. Melanie Cantor, a former showbiz agent and author, is attempting to bring the average down as she has bought and sold 18 times since 1982. Her first home was in East Finchley, north London: a two-up, two-down house that she bought with her ex-husband in the early 1980s for £35,000, then sold for £58,000 two years later. She then bought three homes in Hampstead Garden Suburb, two in Crouch End, plus houses in Belsize Park and Hampstead, all in north London; Whitstable, in Kent; two in the Cotswolds; a flat in Old Street, east London; and two properties in Mayfair, central London.
Melanie loves doing up houses and the challenges involved, she also gets ‘itchy feet’ if she stays in one place for too long. She’s had amazing experiences and met great people but is it worth it right now?
Jonathan Bramwell says: “We did have clients who used to move every two to three years, but with higher stamp duty for more expensive properties and a flatter market it is less common.
“A lack of supply usually means you have to pay full price, which means you are at risk of it not making commercial sense if you take a two-to-three-year outlook. There are always exceptions to the rules, but we would advocate being very cautious on doing this at present.”
To read the full article click here; https://www.thetimes.co.uk/edition/bricks-mortar/melanie-cantor-i-move-house-every-two-years-2jkhhcjr5