Thursday, 3 October 2019

Majority Declare New-Builds To Be Unaffordable And Unattractive


New research from FJP Investment has uncovered UK homebuyers’ sentiment towards new-builds, with the majority saying they are deterred from purchasing one because they are “unattractive”. The investment provider commissioned an independent survey of 1,000 UK-based homebuyers and property investors and found that half felt new-builds in the UK are usually unattractive, while even more (63%) consider them to be “devoid of character”. Two thirds (67%) of homebuyers criticised new-build properties for being too expensive, saying they feel developments are often aimed at the top end of the market. Read more on the Property Reporter website.

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