The pandemic has caused 46% of first-time buyers to delay
their plans of purchasing a home by an average time of nearly a year. 17% have
had a property sale fall through whilst 20% have said they pulled out of buying
due to lockdown. The pandemic has also caused 49% of first-time buyers to worry
about their financial security. 39% of prospective first-time
buyers are now reconsidering their property type due to lockdown, with 42%
saying that having a garden or balcony is a top priority and 33% now looking
for properties near the countryside or parks. Read more on the Property Wire
website.
https://www.propertywire.com/news/half-of-ftbs-delay-buying-a-home-due-to-covid-19/
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