£27.6 billion on christmas presents! How much do you spend?

Christmas spending is predicted to be up by 37% in 2023

The season of gift giving is upon us. The UK plans to spend a total of £27.6 billion on Christmas gifts in 2023, up 37% from £20.1 billion in 2022.

Unwrapping the data, that's just over one quarter (27%) of the total amount spent on property so far this year. Close to £104 billion has been spent on property transactions so far this year.

45.8 million adults in the UK (86%) plan to buy Christmas gifts in 2023, a decrease from 89% of adults in 2022.

Gen Z is planning to fork out the most, with an average spend of £828 each.

Source: #Dataloft, UK HPI (data to September 2023) based on the average transaction values, Finder

Get in touch with us

First Name

Last Name

Mobile Phone

Your Email Address

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

Maximise Your Home Sale - Why Spring could be the Ideal Time

Are you thinking of moving on to pastures new? Read this article to discover why now is a fantastic time to get your home on the market.

CLICK HERE >

Is it time to sell your short term rental property?

Do you have a holiday cottage or property that you use as a short-term rental investment? You might have noticed an increase of other similar properties coming on to the market in their droves and be wondering why. This article explores some of the reasons that holiday property owners are leaving the industry and how you can protect your investment moving forward.

CLICK HERE >

Damp Decoded - When Is it damp or condensation and how to handle it

Black mould, an unsightly and potentially dangerous issue, can raise serious concerns for potential buyers and is often visible in marketing photographs. Therefore, it's crucial to address this issue before listing your property for sale. But what exactly causes it, and how can you effectively resolve the problem?

CLICK HERE >

Master your valuations - key questions to ask the estate agents before you instruct

Gathering information from estate agents before you select the right one for you is essential when selling your home - read this article to find out what you need to know to ensure you achieve the highest price possible.

CLICK HERE >