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School still top priority for homebuyers

by Kevin Rose
29 May 2014
UK has highest demand for financial education in Europe
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school-students

Living close to a good school remains the number one priority for homebuyers, with 20% of estate agents saying that this is still the most important factor when looking for a ‘dream home’.

The latest data from Move with Us also found that 18% of estate agents believed good transport links were key. Proximity to local amenities such as a doctor’s surgery and shops came in third with 14% of the votes.

Other factors that were less important to buyers include a fast internet connection which scored 7.6% and a good mobile phone signal with 13%.

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Estate agents also cited what factors buyers are less interested in compared to five years ago. Homebuyers are less interested in garden sheds which shared 18% of the vote. Garden size and outhouses came in at second and third place with 15% and 14% respectively.

Other results include the bath with 14%, a power shower at 10% and the dining room with 8%.

However, 11% of estate agents have noticed homebuyers are more interested in properties with a garage whereas 9% say homebuyers are less interested in them.

Robin King, director at Move with Us, said: “The property market has been through peaks and troughs over the last five years but properties bought near to good schools, transport links and local amenities are typically sound investments.

“Anyone looking to buy a good property should stick to these golden rules. Surprisingly, a fast internet connection and good mobile phone signal came low down the wish lists of prospective buyers although interestingly, a good internet connection is becoming increasingly sought after in rented accommodation.”

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