Three quarters would consider new build – HBF

May 13, 2019
<p>Three quarters of those seeking a home would consider buying new, according to a survey compiled for the Home Builders Federation.</p><p>Respondents cited energy efficiency as the number one reason for purchasing a new build home, at 38% of all survey respondents. But closely following this reason were: being free from DIY tasks at 35%; and “acquiring a complete blank canvas” at 34% of respondents. </p><p>The research also revealed that two out of three of non-home owners wish to own their own home, with this figure rising to 78% amongst 18-24-year-olds and 83% within the 25-34-year-old group.</p><p>These statistics are released as New Homes Week launches this week (May 13 – 17). This is a week of the year “dedicated to the numerous benefits of buying new”, providing “valuable information to those weighing up their home buying options”, HBF explained.</p><p>As part of the event, and in view of HBF’s research results, interior stylist Sophie Robinson will show how she applies bold colour and contemporary design to create comfortable interiors for all types of buyer, HBF said.</p><p>With the average spend on home improvements totalling £13,472, HBF added that the appeal of new build homes was apparent. Of this total, decorating produced the highest …

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