Are you looking to move house in 2025? If so, a recent study1 has found that the most desirable property type for 49% of people is a ‘freshen-upper,’ with prospective buyers keen to personalise their new home with small scale improvements.
The days of the full ‘fixer-upper’ property are fading, as time-poor purchasers increasing look to ‘freshen-upper’ and turnkey options, with only 16% of buyers favouring an extensive renovation project. Meanwhile, almost a quarter (22%) of prospective buyers are looking for a turnkey option, a property move-in-ready, one of the key motivators being energy efficiency. This highlights how energy-efficient homes are increasingly regarded as a decisive factor in a property purchase for many people, rather than a ‘nice to have.’
With busy lives to lead, 27% of respondents to the survey indicated they don’t have time to arrange significant home improvements or renovations. Of those keen to purchase a fixer-upper, almost a quarter (24%) said they would choose an extensive property project to preserve the original historical or character features.
Whatever your property preference, we can support you to achieve your property dreams in 2025!
1Jackson-Stops, 2024
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.
