Ftbs Prepared To Wait To Purchase A Property

First time buyers have delayed purchasing their properties by six months and three weeks as a direct result of the pandemic and are prepared to wait longer before they attempt to purchase a property, according to research by estate agency, Yopa. Yopa commissioned Censuswide to carry out a survey of 2,000 people planning to buy their first property in the next year and found that 70% had been furloughed at some point, and 1 in 6 have lost their job as a result of the pandemic. Over half of those surveyed experienced a fall through in a property purchase during the past year. All of these factors have combined to delay the property plans of first-time buyers. Read more on the Property Reporter website.

https://www.propertyreporter.co.uk/property/ftbs-prepared-to-wait-beyond-the-stamp-duty-holiday-to-purchase-a-property.html