Popularity for new build homes in Leeds soars amongst first-time buyers

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Demand for new build homes in Leeds has increased significantly amongst first-time buyers in recent years, according to the latest data from leading new-home property website, newhomesforsale.co.uk.

The website, which lists 9 new build developments located in and around Leeds city centre, has revealed a massive 66 per cent of enquiries for new build properties in the area were from first-time buyers during Q1 2024, which is an increase on the 57 per cent recorded in Q1 2023.

Not only does this reinforce a clear and growing demand for first-time buyers to get onto the property ladder despite volatile mortgage rates, but also positions Leeds as an increasingly popular location for the new build buyer market. Discussing this latest data, Vernon Pethard, Founder and Director of newhomesforsale.co.

 

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