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Most important factors when choosing a home for prospective homebuyers in the United Kingdom (UK) in 2nd quarter 2023

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Sources

Release date

July 2023

Region

United Kingdom

Survey time period

Q2 2023

Number of respondents

1,500 respondents

Age group

18-64 years

Special properties

prospective homebuyers looking to purchase a property in the next 10 years purchase a property in the next 10 years

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: "How important, if at all, will each of the following factors be to your household when purchasing your next property?"

Citation formats

Most important factors when choosing a home among homebuyers in the UK 2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 26, 2023

Homebuyers in the United Kingdom (UK) ranked the cost of the property as the most important factor to consider in their next purchase. A survey conducted in the second quarter of 2023 found that ** percent of the individuals who were planning to purchase a property in the next 10 years picked cost as a deciding factor. The property location, features of the property, and the risk of flooding followed closely, with more than half of the respondents considering them as important. 

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Mortgage industry in the U.S.Housing market in the U.S.U.S. home buying processMortgage industry worldwide: developed marketsMortgages in Europe
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