‘Freshen-upper’ homes most popular

Almost half (49%) of prospective buyers are looking for a ‘freshen-upper’ property, according to research.*

A ‘freshen-upper’ – a home that only requires small scale improvements – was found to be the most desirable property type. Meanwhile, a move-in ready property is popular among 22% of home movers due to its energy efficiency. Only 16% of buyers expressed an interest in ‘fixer uppers’, marking a shift away from major renovation projects. A quarter (27%) of respondents said this is because they don’t have time to make significant improvements to a home, highlighting the impact of busy lifestyles on home preferences.

Whatever type of home you’re buying, professional mortgage advice is essential.

 

Your home may be repossessed if you do not keep up repayments on your mortgage
*Jackson-Stops, 2024

31 December, 2024

More news

6 January, 2025

If you’re buying a home, home insurance is not the only protection you will need – you should al
Income protection If you are unable to work due to illness or injury, income protection insurance provides a replacement income. This is typically 50% – 65% of your earnings rather than the full

2 January, 2025

Don’t risk invalidating your home insurance – here are some mistakes to avoid.
Leaving your home vacant for too long Most insurers require you to inform them if your home will be unoccupied for more than 30 days.   Failure to declare business activities If you work from hom

23 December, 2024

Recent data* has revealed that, in August, mortgage approvals hit the highest level in two years.
An increase in net approvals Net mortgage approvals rose for the third consecutive month in August, reaching 64,900 – the highest since August 2022 which saw 72,000 approvals. This uptick will be p
Web Design Derby - Frogspark Privacy Policy Cookie Policy Modern Slavery Policy