Gardens are highly desirable
A new study carried out by a leading building society sees gardens at the top of the wish list for first-time buyers. Some respondents even said they started working on their garden before any other project in the house.
Former principal chairman of BBC Radio 4's Gardeners' Question Time, Eric Robson OBE spoke about the findings, saying; “We've seen this put into sharp focus by the pandemic and the lockdowns, that here is a bit of precious space for people who, if they didn't have a garden, would be hemmed in. It is increasingly acknowledged that gardens have great benefits for mental health, for keeping people on the straight and narrow at difficult times. I'm sure that is one of the reasons that the number has gone up.”
Eric Robson also said; “Gardening has had a reputation in the past of being for older people, rather a fuddy-duddy activity. Increasingly I was finding on Gardeners Question Time the age profile of the audience was shifting, more younger people were getting into gardening. People were getting into gardening at an earlier stage in their lives.”
Benefits of having a good garden
There are many reasons why homeowners should cultivate a garden, including:
· It creates space to sit outside
· You have an area for relaxation or exercise if required
· A garden offers people the chance to be self-sustaining
· A garden is pleasant to look at
· A garden can positively impact the value of property
Current Gardeners' Question Time panellist Bunny Guinness said; “It's all about having that space isn't it? The Brits have always been big on that but it's just gone massive now. They want more of it and they want to use it better. It's at the top of everybody's minds because we are spending so much more time there. We've always really tried to max out our kitchens and our living rooms and we are now expanding that out into the garden. It's just the best place to keep your sanity and it can be enjoyed by people of all ages. It improves the value of your house as well and we all love that.”
Saving for a deposit is essential for first-time buyers
Aside from asking buyers about their garden, the survey spoke to first-time buyers about their deposit. Some of their key findings were:
· 40% of respondents took less than a year to save what they needed
· 51% of respondents received help from their family to save their deposit
· 25% of respondents said they didn’t have to cut back on their normal spending
Jack Green, The Cumberland's area manager for mortgages, adds: “We're thrilled that so many people got involved with the survey - and the results really are an interesting read. It's great to find out that a third of those who took part in our survey thought buying their first home was easier than they had expected. Although it's no surprise that being in a chain and having initial offers rejected were two things first time buyers found challenging. Understandably, 25 per cent said their biggest source of support came from family, but we were delighted to discover that 38% said their mortgage advisor and lender were hugely helpful.”
Contact Fraser Reeves for all your Newton-le-Willows property needs
As local agents in Newton-le-Willows, we are keen to support vendors, buyers and landlords in the area as best we can. We offer an extensive range of services, aimed at helping you make your next move with confidence.
If you would like to arrange a property valuation, or discuss your property options, please call Fraser Reeves on 01925 222555.