Lockdown has given many of us time to ponder the advantages and disadvantages of our properties.
According to research, a quarter (26%) of renters and homeowners now want different things from their property, with previously highly-valued characteristics slipping down the priority list1.
More space has become a big priority for 30% of people, while a home office is now a must for 26%. Moving outdoors, a fifth (21%) are looking to live close by a public garden or park.
Property and lifestyle are closely linked
This year, we have had a completely different way of life forced upon us; this has cemented the link between the property we live in and the lifestyle we lead. Before the pandemic, a home on the commuter belt and close to pubs, restaurants and other amenities would likely have been more important than space or a garden. Now, many people desire a property that reflects a quieter indoor lifestyle and a new appreciation of the great outdoors.
What are you looking for?
If you’re on the hunt for a new home that better reflects your needs in the post-lockdown world, please get in touch. We can guide you through your mortgage options and assist you in selecting a suitable mortgage that works best for you.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Catch up on our other blog posts:
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Saving for a deposit has been cited as a major barrier to purchasing a home by 59% of people, according to the latest survey from the Building Societies Association (BSA)1. Climbing from 54% in December last year and just 40% last June, raising a deposit is...
Do you think you know how much your home is really worth? Would you be surprised if it was worth much more or much less? Many homeowners’ estimates don’t live up to reality, with 45% of respondents to a recent survey1 undervaluing their property and 25%...
(Your home may be repossessed if you do not keep up repayments on your mortgage)
We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)
For Lifetime Mortgages/Equity Release the fee will be £799.
Our mission is to provide honest mortgage advice, whilst helping you save money.
Get in contact
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