Property news roundup: How long does it take to find a new home?
Plus using your shed, house deposits drop, and unrealistic first time buyers
Alex Johnson has been part of The Independent's online team since 2007. He has been writing about microarchitecture on his internationally-acclaimed Shedworking blog since 2006 and is the author of Shedworking: The Alternative Workplace Revolution. His latest book is Bookshelf, published by Thames & Hudson.
Thursday 17 April 2014
Nearly half of all homehunters spend two hours a day looking for a home on the internet, contacting estate agents and organising viewings.
The figures from online estate agency Purplebricks.com suggest that on average the process takes them a total of 62 hours per month over a four month period.
Around a third of people looking to move do their hunting during working hours, with 18 per cent admitting to making calls in the bathroom or under their desk.
What do you do in your shed?
Research from shed and log cabin business Dunster House reveals that sheds are more popular for hobbies and relaxing in, than their traditional use of storage, with over half of those surveyed using their shed as a dedicated hobby space or relaxing hideaway. Second most popular was using the shed for storage which 43 per cent of respondents did, with a remaining four per cent favouring sheds for their aesthetics as an addition to an attractive back garden.
Alex Murphy, Managing Director at Dunster House, said: "We all know that sheds have a practical use, but hadn’t realised so many people were using them as a bolthole from the stresses and strain of their everyday lives, either to grab a bit of peace and quiet, or to relax and enjoy their favourite hobbies."
Average house deposit at lowest level for a year
Figures from the Mortgage Advice Bureau show that the average house purchase deposit fell by two per cent between February and March to £61,325, the lowest figure recorded in the last 12 months. It also means that the average homebuyer in March put up less of a deposit relative to the value of their purchase than at any point in the last five years.
First time buyers underestimate time to get on housing ladder
Clydesdale Bank and Yorkshire Bank's survey of first time buyers shows that two thirds hugely underestimate how long it will take to achieve their goal. Half said that it had actually taken up to three years longer than they had anticipated to move in to their first home. Buyers in Scotland were most likely to have achieved their first home purchase within their timeline, with just under half saying it took as long or less time than they’d planned.
For a quarter of first time buyers it takes up to two years simply to put together their deposit, but a third said it took three years or more.
A first-floor flat with two bedrooms, a spacious reception room and communal grounds in a leafy part of London
A three-bedroom flat with a spacious rootop terrace and balcony, accessed from a private gated courtyard
A Grade II-listed pile with six bedrooms, stables and 39 acres of grounds in Standlake
A two-bedroom flat with boutique hotel-style interiors, close to the foodie haunt of West End Lane
A two-bedroom flat in a beautiful old vicarage, with many original features, close to the city centre
A three-bedroom 16th-century home with an aga kitchen, private gardens and heated outdoor pool, in Hadleigh
A three-bedrom home in sought-after Queen's Gate Mews, with Italian marble-finished bathrooms
Surrounded by glorious countryside in the village of Udimore, sits this impressive four-kiln oast and barn conversion
A five-bedroom house in the picturesque village of Kettlewell, north Yorkshire
An 18th-century former coaching inn with original staircase, open fireplaces and beams throughout
A Grade II-listed Georgian town house with three bedrooms and a south-facing courtyard, near Arundel Castle
Feel on top of the world at this über chic penthouse on the 37th floor of one of Europe’s tallest blocks.
A Grade II-listed Victorian villa with six bedrooms and two further cottages, all with spectacular sea views
A grade II-listed, Georgian cottage with mature 50ft garden, perfect for summer entertaining
A magnificent Georgian pile with turrets, seven bedrooms, a heated pool and four acres of gardens
Fairoak Farm has five bedroom suites, gym, outdoor swimming pool and golf course
Chic two-bedroom river-fronted flat with a private lift that delivers you directly to your home
A spectacular seven-bedroom Tudor pile, once owned by Henry VIII, with 18 acres of land
A seven-bedroom Georgian property previously used as a picturesque wedding venue
A split-level flat in a church conversion with two en suite bedrooms and 1,200sq ft of living space
A three-bedroom bungalow situated behind an impressive stone wall, £645,000
Windsor Castle overlooks this three-bedroom Victorian cottage located on one of Windsor's smartest roads
Chapel House is a former vicarage with nine bedrooms in the beautiful Upper Wye Valley
A five-bedroom B&B and separate owner's accomodation with potential for conversion
Enjoy summer by the Thames in this two double-bedroom converted warehouse in Rotherhithe village
A one-bedroom, luxury apartment with private gym and concierge service in Moorgate
A four-bedroom house in Hermitage Gardens with three reception rooms and landscaped gardens
A seven-bedroom Grade II-listed property with a separate self-contained apartment
A five-bedroom Victorian house with three reception rooms and galleried landing, £695,000
A six-bedroom farmhouse with five acres of land in a former cloth-making village
A secluded seven-bedroom detached house with large private garden, £490,000
A three-bedroom cottage overlooking Sarratt village green with open fires and solid oak floors
A three-bedroom maisonette flat in a Grade I-listed, Georgian townhouse in a sought-after location
A one-bedroom apartment located within a private gated development, north of Turnham Green
Look forward to a brighter future at two-bedroom Sunny Cottages, ideal for Londoners looking to downsize
A three-bedroom red-brick cottage with outbuildings and pretty gardens, £200,000
This three-bedroom flat within a former textile factory spans the corner of the fourth floor and has a balcony
A charming four-bedroom Oxfordshire cottage with oak floors and chunky-beamed ceilings, £465,000
A beautiful one-bed flat in a sought-after portered block, with access to Norland Square communal gardens
A one-bedroom flat within a Sixties school conversion with high-spec design and open-plan kitchen, close to Lambeth North Tube, £435,000
A 17th century four-bedroom house, with open fireplaces, cellar and pool, £600,000
A three-bedroom, coach house with luxury open-plan living space and contemporary breakfast bar
A newly refurbished one-bedroom flat in the heart of Mayfair, close to Grosvenor Square
A charming four-bedroom house overlooking Burleigh Square Park, close to Thorpe Bay
A three-bedroom farmhouse with a large inglenook fireplace and exposed beams
As Voltaire once said, “Ice cream is exquisite. What a pity it isn’t illegal”
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