Survey Twists the Knife For Priced Out First-Time Buyers

As if to add insult to injury for those aspiring home buyers priced out of the dream, Santander has revealed that some people are happy to pay over the odds to secure a property in that just-right place.  The company rubs it in even more with its choice of term; claiming its research reveals Britain is increasingly becoming a “recreation nation”. These ‘premium’ home buyers are looking to cut their daily commute and boost their leisure time; nearby green spaces, ready access to sports facilities, bars and restaurants, all heavily influence their choice on where to buy and they’re prepared to pay extra to get the right location.  The features of property itself, by contrast, are becoming less important, claims the research, which surveyed over 2,000 UK adults. Read more on the Housing Excellence website.