Published: 16/03/2020
Sunday 22nd March marks Mother's Day in the UK. A survey by GlobalData estimated £1.6 billion was spent celebrating this day in 2019, that's the equivalent to just over 6,800 average-priced homes.At current prices, £1.6 billion purchases over 8,400 terraced or 4,400 detached properties. In London, this would purchase 1,723 detached houses, or in Wales 14,000 apartments.
Coincidentally, a similar sum, just over £1.6 billion, was collected from the 3% second home levy across England in 2019.
Whether it’s your mum or someone special you'll be celebrating with or remembering this Sunday, here's hoping spring sunshine adds some warmth to your day.
Are you trying to find a new place to live, call Willmotts for property advice or information with selling and or buying a home please email sales@willmotts.com or call 020 8222 9958