Are you trying to move your way up or onto the property ladder?
New research¹⁰ has revealed that more buyers are turning to fixer-upper homes to help reduce initial costs.
- The analysis of almost 330,000 property listings showed that fixer-uppers are currently most in demand
- 46% of fixer-upper homes listed for sale have sold or gone under offer
- Compared to: 27% of modern homes and 37% of period properties
An “air of optimism”
Although affordability restrictions due to the higher costs of obtaining and repaying a mortgage are weighing on buyers’ pockets, the market is improving.
Yopa’s National Franchise Director Steve Anderson notes:
“The market is certainly heading in the right direction and there’s an overarching air of optimism that 2025 will bring a more settled landscape, certainly with respect to mortgage affordability.”
In short supply
- The average fixer-upper sells at a 12% discount¹¹
- Only 5% of homes listed for sale fall into this category
Your perseverance and patience will no doubt pay off to find your dream home – whether it be a project, new build or period property – exciting times ahead if you’re on the move in 2025.
We can help with your mortgage requirements.
¹⁰Yopa, 2025 | ¹¹Rightmove, 2025
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🚨 Data accurate as of the date of publication –01.06.2025
🚨 The above material is for informational purposes only and does not constitute a sales offer or financial advice. Before taking out any insurance, credit agreement or other financial product, you should obtain individual advice on your requirements and the general terms of the contract.
Source: Quilter Financial Planning – Essentially Mortgages Q2 2025
