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Peace and quiet tops the list for househunters

Peace and quiet is the most important consideration for one in five prospective homebuyers, according to research for Alliance & Leicester&#39s quarterly movingimproving index.

A&L says its latest findings shatter the assumption that homebuying habits are normally driven by house price trends and trying to find the next up and coming area to make a fortune.

It says only 3 per cent of respondents rated house price movements as their main reason for moving while 17 per cent move to be nearer to friends or family and 16 per cent move to be nearer to good schools and universities.

A&L says the fourth most important consideration for 11 per cent of respondents when choosing where to buy was a low crime rate.

It says this was especially the case for younger homebuyers in their 20s, with 13 per cent putting this as the most important issue.

Women were most concerned about the standard of education facilities – 19 per cent rating this as most important compared to 14 per cent of men. The research was carried out between March and April with a representative sample of 4,000 UK adults by RSGB Omnibus.

Head of mortgages Paul Cooper says: “For many people, it seems that going home is all about being able to relax in a peaceful environment. These findings highlight the fact that the majority of homebuyers are not motivated by financial gain but by the quality of the local environment with factors such as schools and crime levels playing an important role in the homebuying process.”


Kelly keeps control of financial services

Ruth Kelly was promoted to Treasury financial secretary in last week&#39s cabinet reshuffle but has retained responsibility for retail financial services.The decision to keep Kelly in charge of the industry is a first in recent memory as normally a minister&#39s responsibilities change when they change titles.Industry sources say the move is an indication of Kelly&#39s […]

Polly puts the mettle on for Tilney

Tilney Investment Management&#39s sponsorship of UK three-day eventers has paid off, with one of its competitors being selected for the British team.Polly Stockton, 28, has been chosen to represent the UK in the World Equestrian Games, taking place this September in Jerez, Spain. She has a three-year sponsorship deal with Tilney.This is Stockton&#39s first appearance […]

Cash benefits for sports injury treatment

Pinnacle Insurance is offering four protection products to protect against sports injuries with premiums starting as low as £4.95 a month.There are four types of cover – junior, standard, plus and extra – all offering financial support to amateur athletes. They provide cash benefits for private treatment to speed recovery.Junior is aimed at youngsters up […]

Friendlies angry over Govt barring gateway

The Association of Friendly Societies has attacked the Government for using HBOS “fat cats” to pilot the savings gateway scheme.AFS president Colin Paskell is disappointed that the Government has failed to involve friendly societies in the project. He says the Treasury ignored repeated requests from the AFS not to restrict the pilot to a single […]

How can I help develop my professional connections?

Graeme Ballantyne, business consultancy manager, looks at how you can maximise the opportunities through your professional connections As we move through the summer months it’s perhaps a good time to pause and reflect on whether the plans you’ve made for your business are bearing fruit. One area we at PruConsulting know many advisers have been […]


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