With rising energy costs a concern, 53% of home movers would consider buying a brand new home, up from 47% last year.
This is consistent across all age groups showing new-builds appeal to everyone, not just for first-time buyers or those who don’t like maintenance.
The top reasons people would consider a new build home were more energy efficient (70%), less maintenance (65%) and no need to refurbish (64%).
On the other side of the fence, the main concerns were build quality (61%) followed by room size (47%). Source: Dataloft by PriceHubble, Property Academy Home Movers Survey 2024.
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