Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»UK homebuyers prioritise ‘ready to go’ properties
    Property

    UK homebuyers prioritise ‘ready to go’ properties

    August 8, 20252 Mins Read


    UK homebuyers are prioritising “ready to go” properties amid higher borrowing costs, research from Market Financial Solutions has revealed.

    The research, which surveyed 2,000 UK adults, 916 of whom have recently bought, are in the process of buying, or plan to buy a property in the next 12 months, found that the quality and finish of a property was cited by 79 per cent of respondents as important.

    This places it as the number one priority for homebuyers, up from the fourth most cited priority in 2024.

    In contrast, the potential for extensions and conversations has fallen to the bottom of the priority list, with just 56 per cent of respondents indicating that it was important to them.

    Market Financial Solutions CEO, Paresh Raja, said: “Our ‘Homebuyer Wishlist’ survey monitors the wants and needs of UK property buyers evolves over time.

    “The standout finding this year is that there is an increased desire for properties in good condition.

    “With borrowing costs still above the levels seen from 2008 to 2022, buyers are perhaps seeking stability and predictability, favouring homes that are ready to move into rather than those needing renovation or refurbishment.

    “Any ‘doer upper’ brings uncertainty, particularly when it comes to the cost of materials and labour, as well as the potential for delays, which can present challenges from a financing perspective.”

    Market Financial Solutions added that its data suggests today’s buyers are more focused on convenience and certainty due to the elevated cost of borrowing.

    However, Raja pointed out that, as ever, the industry has to appreciate that all homebuyers are different.

    “Some will relish a project, others want the turnkey option,” he said.

    “As lenders must double down on optionality when offering flexible, fast finance that allows buyers to act with confidence when the right property becomes available.”

    tom.dunstan@ft.com

    What’s your view?

    Have your say in the comments section below or email us: ftadviser.newsdesk@ft.com



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Fraudster from UK living in Dubai to lose £90m property empire and Ferrari | UK News

    Property

    Fraudster told to hand over £90m property empire and Ferrari

    Property

    Labour’s property market armageddon: Landlords selling up, soaring rents and home moves at a ‘grinding halt’. Now the Mail’s experts reveal what every homeowner must do to protect themselves

    Property

    Chancellor’s dash for cash could hit UK property market, senior manager at Crowe warns

    Property

    Nama left with €70m debt as builder Mick Bailey closes UK business – The Irish Times

    Property

    US GDP growth revised up to 3.3% despite weekly jobless claims decline – US News

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Stock Market

    Utilities Kingston issues advisory regarding theft of copper wire

    Precious Metal

    une bijouterie braquée dans la banlieue de Lyon

    Precious Metal

    Haïti placée dans le pot 2

    Editors Picks

    Coinbase Q3 Earnings Highlights: Revenue Miss, EPS Miss, Transaction Revenue Falls From Q2 – Coinbase Glb (NASDAQ:COIN)

    October 30, 2024

    Annoncé sur le départ, Ancelotti fait le point sur son avenir

    January 21, 2025

    Noval Property acquiert un terrain à Marousi, en Grèce, pour 0,2 million d’euros

    April 30, 2025

    BNP Paribas Financial Markets Has $3.42 Million Holdings in Starwood Property Trust, Inc. (NYSE:STWD)

    July 14, 2024
    What's Hot

    Best Cheap Cryptos to Watch in October

    October 19, 2024

    Wall Street’s Most Accurate Analysts Give Their Take On 3 Tech Stocks Delivering High-Dividend Yields – JinkoSolar Holding Co (NYSE:JKS), HP (NYSE:HPQ)

    June 23, 2025

    Gold Cup : le Canada sort dès les quarts, les États-Unis passent sur le fil – Gold Cup – Quarts

    June 29, 2025
    Our Picks

    Govt cuts import tariff prices of Gold and Silver

    March 3, 2025

    How Scammers Are Seizing Million-Dollar Properties — Is Your Real Estate Safe?

    October 20, 2024

    Three British men in Spain arrested over kidnap of cryptocurrency broker | News World

    February 9, 2025
    Weekly Top

    Hong Kong reduces coupon in 10th batch of Silver Bonds ahead of Fed’s expected rate cut

    August 29, 2025

    Alibaba confident of winning China’s instant commerce war as quarterly profit surges 78%

    August 29, 2025

    Cardtonic expands fintech operations in Nigeria, Ghana

    August 29, 2025
    Editor's Pick

    Here’s why Gold futures saw a sharp surge to a record high on Friday

    August 7, 2025

    Deutsche Bank and Upvest Announce New Partnership

    August 20, 2024

    The Commodities Feed: Oil lower on prospects of a Zelensky–Putin meeting | articles

    August 18, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.