Over 60 per cent of Brits are planning to buy their ideal home in the future, it has been revealed.
Legal & General’s Home Sweet Home survey found that 15 per cent of people are currently living in their dream house, but 30 per cent claim they are unlikely to ever do so.
“Probably reflecting financial concerns, the number of Brits who do not expect to ever live in their dream home has risen from just over 20 per cent to 30 per cent since the last survey,” remarked Garry Skelton, marketing director for the firm’s general insurance business.
However, Mr Skelton said the fact that the majority of people do still aim to purchase their ideal property is “quite positive” for the future of the housing market.
The survey also revealed that 40 per cent of people have spent under £1,000 on home improvement to their current house.
In March, the average home cost £191,556, reports the Halifax, compared to £70,696 ten years ago.
© Adfero Ltd