Answering call for 1st-time buyer must-haves
WHAT'S top of your must-have list when it comes to buying a
home? Location, affordability, number of bedrooms, easy travel
links for commuting?
All key considerations, according to a new report, but it might
surprise you to know that the most important factor for many is… a
decent mobile signal.
Nearly half of all 18-35 year-olds quizzed by RootMetrics ranked
mobile as the top priority when buying a new home − and two in
three of all homebuyers and renters would think about changing
their mobile provider if performance was poor in their
neighbourhood. That second statistic rises to 77% for buyers in the
18-24 age group.
Other typical factors such as local crime statistics, transport
links and good schools get a relatively low rating on the must-have
list at between 21% and 17%, says mobile analytics specialist
"Younger homebuyers clearly have a particular list of
priorities − and I guess it comes as no surprise that being
able to use their mobile phone at home is so important to them,"
says Alan Bradley, Head of Sales at Bromford Homes.
"For many people, their mobile is the way they use the internet
and popular social media channels like Facebook, Twitter or Tumblr.
"Of course, each buyer's list of priorities will be different
and we suggest that everyone makes a checklist so that they can
compare the basics like location, bedroom number and size, access
to parking, local schools and so on.
"As a shared ownership specialist, we talk
to hundreds of first-time buyers − many of them, like Anna (pictured above) at Oaklands, Rugby, in their 20s − and they
tell us that the size of their deposit and affordable monthly costs
are, in general, their top priorities.
"Location is another key factor because many of our buyers want
to live and work near their family and friends − and a big
percentage tell us they value the greater sense of
security that comes with owning a home you can call your own
compared to renting from a private landlord."
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06 August 2014