Research by Lloyds TSB this morning showing that the cost of moving has risen 69% in the last decade is resulting in shock/horror headlines across the press. But average property prices have risen 64% during the same period, so moving costs as a proportion of purchase price have actually shifted hardly at all, despite huge increases in the cost of fuel, and a 5% increase in VAT. Other major costs (stamp duty, estate agents' fees) are directly linked property prices. So where's the story?

Certainly, moving costs as 27% of average pre-tax earnings are hard to swallow. But the issue - here - is with property prices. Go here for the story.

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