Buyers attracted to energy efficient new homes
In this speed read, we look at the attraction of energy efficient new homes for buyers
- The attention focused on energy bills and the cost of living crisis might be influencing more people to consider buying a new home.
- Over half (51%) of home buyers would consider buying a new build and 17% of them are looking only at brand new homes, according to the Property Academy HomeMoving Trends Survey 2022.
- Two thirds of those contemplating a new home purchase, said they are attracted by the energy efficiency and lower running costs of new builds.
- These findings tie in with the general sentiment of people looking for any property. 88% of survey respondents say that running costs are important, 78% check the EPC of a property and 53% look for green credentials.
- Source: Property Academy Home Moving Trends Survey June 2022 (10,000+ responses)