63% worried about quality of housing stock

The overall level of satisfaction with the quality of housing in the UK has reduced over the past 5 years. This is according to ‘The Homeowners Survey 7th Annual Report’, which found that 63% of adults felt this was becoming a serious problem and it is the fastest rising issue. A high proportion of new-build home owners feel the snagging process is not properly resolved, and almost nine in ten support a snagging retention fee until housebuilders rectify faults.
It’s not all bad news however, more positive results in some areas suggest there is a certain level of confidence returning in the ability to get a mortgage and being able to move up the property ladder. Read more from HomeOwners Alliance here.