Key homebuyer must-haves: Location for men, space for women

15th October 2015

Women looking to purchase a new home are most anxious about the space within a property, while men are typically governed by the location according to new research from Santander.

Both put their differences aside and agree in equal measures that a strong broadband connection is key.

A women’s home is her castle as the fairer sex value a homes indoor space above all else, with nearly one in three women, at 31% looking for a home citing space as their priority.

Women also said having access to a private outdoor area is a necessity, at 15%, compared to only 7% of men.

In contrast, the “location location location” mantra seems to have more sway for men, with their responses revealing they are more concerned about factors outside the home itself.

In fact, more than one in five male homebuyers, at 21% said proximity to green space as the most important thing when buying a new home. Men are also also more concerned about proximity to work, at 35% and being close to public transport, at 29%.

Graham Sellar, head of business development, Santander Mortgages said: “The research shows distinct differences when it comes to what women want versus their male counterparts. Men are most interested in what they can do and where they can go outside the home, whereas women are more concerned with the bricks, mortar and space within.

“There is a lot to think about when buying a property, trying to manage the different priorities can add another challenge to the process. We want to support people when looking to secure their dream home, whether a first time buyer, a mover or just looking for a better mortgage. We urge people to seek independent advice, either online or through a mortgage advisor to ensure they get the best mortgage to meet their individual needs.”

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