One In Five Could Be Looking To Buy This Year

Posted on: 17 March 2022

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

Share:


Recent Articles

1 May 2025

Will The Bank Of England Lower The Base Rate To 4.25% On 8th May?

The possibility of a reduction in the Bank of England’s base rate to 4.25% during the upcoming May meeting has generated significant excitement among homeowners, buyers, and property professionals alike. If this anticipated move materialises, it could mark a turning point in the...

30 April 2025

Spring Into Action: Why Fascia Repairs Are A Must-Do This April

  As spring settles in and the weather improves, April is the perfect time to tackle fascia repairs on your home.   Fascias are an essential part of your roofline, protecting your home from the elements and contributing to its overall aesthetic. With the...

29 April 2025

Mortgage Wars: Sub-4% Rates Spark A Property Power-Up!

Sub-4% mortgage rates reignite confidence in property market. In a welcome development for the UK property market, major lenders such as Barclays have announced a reduction in mortgage rates to below 4%, signalling the start of what could become a competitive price war among financial...

Get an instant online valuation

Find out how much your property is worth