News
House-buying behaviour continues to be shaped by home working
With the number of vaccine jabs administered in the UK now over 15 million, we can start to imagine a future beyond the pandemic, but it's expected the 'new norms' many of us have adopted will have lasting effects.
Working from home has gone from being an infrequent luxury to a very real reality – whether we've wanted it that way or not.
Jobs advertising remote have tripled since November 2019, up from 26,600 to 80,700 in November 2020.*
With remote working now an expected part of life, the desire for a home office has skyrocketed, leading to interesting levels of requests for larger properties.
COVID-19 has impacted homebuyers' behaviour, as well as the priorities of employers and businesses who now recognise closeness to the office is no longer a prerequisite. So there's greater flexibility on where people choose to live.
In a recent 'Home Moving Trends' survey, 35% of participants cited an office space as being more important since the emergence of the pandemic.**
The survey also showed broadband quality as high on homebuyers’ agendas, with 37% wanting enhanced internet speed when searching for a new home.
If you're no longer restricted to a property based near your work premises, we'd like to help.
If you're no longer restricted to a property based near your work premises, we'd like to help.
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*New Street Consulting Group
**Conducted by the Property Academy on a national level
James Williams
News
22.02.21
