One in five could be looking to buy this year
If you’re thinking of selling your home, you’ll be pleased to know that home buyer demand was reportedly up 35% at the end of January, compared to the same time last year.
*
According to figures published on the Property Reporter website, in February, an independent survey of over 2,000 adults in the UK found that 18% intend to purchase a new home this year, increasing to 34% when looking specifically at respondents aged 18-34. *
The pandemic has influenced the features people look for when home hunting. The move to remote working means 43% of those who said in the survey that they were planning to buy a property this year, will be looking to buy in a different area to where they currently live, and the ongoing ‘race for space’ means competition remains high for homes with gardens and home offices. *
If you’re thinking of listing your home for sale while demand is high, get in touch today for a free, no-obligation valuation.
*Property Reporter
This article was originally published by BriefYourMarket and is reproduced here with their permission.
For more company news and insights from Pygott & Crone, click here
Latest news
Buying Property Over 60: Why Having Choice Matters More Than Ever
There are more options than many over-60s buyers realise.
Features to add thousands to your home’s value
Think beyond the structureIt’s not always about a full kitchen overhaul or knocking down walls.
Surge in surveys as buyers become more cautious
Why first-time buyers are in focusGetting on the property ladder can feel daunting, with rising house prices and the challenge of saving for a deposit.
Advantages of making an autumnal move
Less competition, more choiceAutumn is often quieter than the spring and summer peaks.
