For many, owning their first home is one of life’s most important milestones and a mark of success, according to a survey of first-time buyers.
However, nine out of 10 next generation homeowners questioned in a national poll said they would need guidance when it came to buying their first home, despite two thirds (65 per cent) claiming they knew the process well.
And with a third of first-time buyers expecting to secure their first home sooner as a result of the pandemic, Vistry Yorkshire (part of Vistry Group) has some advice for those looking to move to a brand-new home.
Vistry Yorkshire sales director Steve Woomble said: “We know from research carried out earlier in the year around people’s financial habits during the first lockdown that many were spending less on non-essentials, with the average adult claiming to have saved £495 a month.
“Interestingly, almost half of those aged between 25-35 said they will put it towards a deposit on a house.
“Whilst COVID-19 has clearly had an impact, many first-time buyers have been able to save more during lockdown and will benefit from the stamp duty holiday so are now in a stronger position to achieve their goal.
“We have some fabulous homes in great locations around Yorkshire, and we would reassure first time buyers that our sales team can guide them professionally through the process – there is no question that we have not been faced previously.
“Buying your first home should be a joyous and life changing experience, and we want to make that journey as stress-free as possible for the next generation of homeowners.”
What you need to know as a first-time buyer:
For details of where Vistry Homes is building locally visit here.
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Contact: Cetti Long, Media Matters, 01733 371363; cetti@mediamatters-pr.co.uk
References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.