The Home Builders Federation has published the results of its latest survey, which shows that across the United Kingdom there has been a big rise in interest in moving to a better home.
The months spent at home under lockdown has seen more and more people re-evaluating their circumstances and considering a move – and high-quality, environmentally friendly, modern new build homes increasingly seen as the preferred option, according to whathouse.com.
Ahead of its New Homes Week Unlocked campaign, taking place 20-27 July 2020, the HBF’s findings show that 55 per cent of people polled stated that they now value their home space more than ever.
It said 40 people said they would prioritise space for a home office if they were searching for a new home.
According to the report, 18 per cent of people want to change the style of their home, with 16 per cent stating whilst being in lockdown their interest in updating their home has increased.
It said almost a quarter of people (22 per cent) aged 25-34 revealed that whilst being in lockdown their interest in interior design has increased, compared to just one in eight (12 per cent) of those aged 45-54.
Other recent industry statistics have revealed a pronounced interest in homes, most notably from first-time buyers.
Stewart Baseley, executive chairman at the HBF, said, “Lockdown has been an extremely testing time, during which people have spent much more time than usual in their homes. This has led to a re-evaluation in how people see their homes and what they want from them.
Source: Punchng
