Changing Trends in the Property Market for the Modern Buyer

H&H Land & Estates look at how the trends in the property market have changed to match the requirements of the current buyers. 

 

There are always certain trends within the property market and specific features that are most popular with buyers for a period of time. 

 

Here Kate Patrick Head of Estate Agency at H&H Land & Estates discusses the features that buyers are currently looking for when buying property.  

 

“In the last few years, in no small part due to the Covid-19 pandemic and the need for people to work from home, the most sought-after feature for new buyers has been a garden office. Rightmove estimate that in the last ten years mentions of a garden office in listings has increased by 1046%. This is a huge increase and a trend we have seen rise in popularity amongst our clients. 

 

The desire for multifunctional spaces, whether it be a garden office that can turn into an entertaining area on the weekends or dining rooms that can convert into family/ playrooms is another of the biggest property trends to happen in recent years. Purchasers are now more focused than ever on making use of the space that they have available. We are finding that the modern buyer needs a space that functions for both work and business as well as leisure and family.  

 

As we become more aware of the impact our lifestyles have on the planet sustainable and environmentally friendly living is also becoming an important factor in peoples’ lives. And perhaps what many buyers don’t realise is that when purchasing property with environmental features it will actually save you money in the long-term with your bills.  

 

Rising prices over the last few months and the anticipated further increases to come are a big concern for everyone. When it comes to buying property, buyers are looking for features which will reduce energy bills such as, solar panels, air source heat pumps and underfloor heating, all of these are designed to cut down the energy use of a property, thus reducing bills.  

 

This year the prices for land, and property that comes with land has been at a premium. This year we have seen some properties with land reaching prices 50% above their guide prices as the demand for land is so high.” 

 

H&H Land &Estates have a team of land and property specialists who work with their clients to ensure they are getting exactly what they want. They offer a range of specialist services farm, land and property sales and management, valuations, planning assistance and environmental and forestry advice. If you would like more information or advice from H&H Land & Estates, please contact the Carlisle office on 01228 810799 or e-mail us at carlisle@hhlandestates.co.uk.