Buyers attracted to energy efficient new build homes

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The Quealy & Co Land & New Homes team have discovered that the attention focused on energy bills and the cost-of-living crisis might be influencing more people to consider buying a new build 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.

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Source: Property Academy Home Moving Trends Survey June 2022 (10,000+ responses)