The study found that 14% of UK homeowners plan to move this year but 21% want to stay put and carry out improvements.
Homeowners are more likely to make home improvements than move this year, Clydesdale and Yorkshire Banks research has found.
The study found that 14% of UK homeowners plan to move this year but 21% want to stay put and carry out improvements.
Steve Fletcher, head of customer banking networks at Clydesdale and Yorkshire Banks, said: “This time of year is traditionally synonymous with spring cleaning and DIY and many homeowners also find it is a popular time of year to make decisions about whether to move or improve.
“We understand the challenges that homeowners face and can provide help and support whether it is a personal loan to help make planned home improvements or a mortgage to buy a larger home.
“We now offer 95% LTV mortgages to existing homeowners looking to take the next step up the property ladder and make that dream home a reality.”
London homeowners are most focused on moving, with 26% planning to move in 2016.
Yorkshire homeowners are most likely to be carrying out home improvements, with 25% planning to upgrade their home this year.
