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What's Hot and What's Not to Homebuyers

PROPERTY HOT & NOTS What's hot and what's not to British homebuyers There are currently 5 million people in Britain who are looking to move onto the property ladder, along with 17 million people who are already on it. But what do buyers look for in a prospective home? THE PROPERTY MARKET Have we recovered from the property crash? Number of first-time buyers 2007 2008 2009 2010 2011 2012 2013 The total number of first-time buyers in 2013 was the highest recorded since 2007. This was a rise of 22% from 2012, the strongest annual increase in more than a decade. The number of properties sold to first-time buyers per day in 2013 is an astonishing: 726 Homes HOME ESSENTIALS What buyers consider to be home essentials now 61% 53% 48% 54% Good broadband is more important than friendly neighbours Showers are preferred over baths 34% 23% 9% 10% Period features lose out to space for big TVs More buyers would rather have good mobile signal than working home security 52% 41% 68% 20% MILK More than double the amount of buyers think good local shops are more important than good local schools Most buyers would prefer a garden over a garage TOP FEATURES TURN-OFFS What buyers like to see in a prospective new home What puts buyers off a prospective new home A new boiler/ central heating system 1 Dark rooms/ poor natural light En-suite bathroom Damp/stained walls 2 Wood flooring No garden 4 3 Home office Bad smells A garage No parking 5 Open plan kitchen/diner 6 Bad DIY gocompare .com Sources: HOA, Halifax, The Guardian Online survey of 2,019 randomly selected British adults in February 2014 conducted by Vision Critical on behalf of Gocompare.com 192,300 196,600 198,600 000' 217,900 0009

What's Hot and What's Not to Homebuyers

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Approximately 5 million people in the UK are looking to step onto the property ladder, but what do buyers consider essential now when looking for a prospective new home?

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