What's on your homebuyer wish list?

For some it’s proximity to schools. For others it’s the commute to work. But according to research we commissioned in summer 2018 with more than 2,000 Brits who were first time buyers or about to buy their first home, the majority relied on practicality over fun when it came to taking the plunge.

Surprisingly, the proximity to shops topped the list, with 46% of people saying it was the most important thing they looked for when buying a house. Family came a close second with 41% wanting to keep local to their family ties.

Commute was always going to be a biggie, with 41% saying it was the most important thing on their list. And being close to public transport was the priority for 31% of people, while distance to schools came in unpredictably low at just 24%.

There were clear priorities that influenced decisions, built-in storage was a must-have for 17%, with 13% saying they’d be swayed by modern décor and 20% not wanting to do any DIY at all.

When it came to signing on the dotted line, almost a quarter of buyers relied on gut instinct to drive their decision, while one in ten let their partner have the final say. However, the lowest score on the wish list was kerb appeal, with only 11% of people bothered about what a property looked like from the outside.

A property choice is the biggest financial decision most of us make in a lifetime and understandably, people want to get it right the first time. The key for first-time buyers who are ready to take their first steps onto the property ladder is awareness of what is available on the market, combined with a solid understanding of what they are realistically looking for against their budget.

Kris Brewster, Head of products, Skipton Building Society

We’ve developed a scorecard to help focus your search. Consider what makes a location right for you, how many bedrooms and bathrooms you want, right through to how much DIY you’re prepared to take on, then add up your ticks and start your search.

New home scorecard

If you’ve got too many must-haves and want to narrow them down, we’ve developed a scorecard to help focus your search.

Download scorecard

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