P544 Teletext 544 Nov 2 01:24:13 ——— LOCATION OR CONDITION? ———————————— There was a time when the first rule of housjhunting was simply: location, location, location. But that's no longer the case, says the TUB. Its latest research has found that top of buyers' demands is condition. In fact, many are now overlooking location factors in favour of homes that are beautifully presented. ——————————————————————————————————1/6—— It's Your Life: home & leisure 480 DOWNLOAD SHAKES ON YOU$ PC p532/533 Mortgages Savings Your Money TV PlusP544 Teletext 544 Nov 2 01:31:40 ——— LOCATION OR CONDITION? ———————————— Last year TUB's annual House Hunters' Shopping List survey found buyers paying up to £4,800 over the odds for homes in a good location. Then, 55% said location was the top priority. This year, the price of a good property spot has halved to £2,400 and now condition is top. Buyers will pay up to £5,200 over the odds for a home which is in an excellent state. ——————————————————————————————————2/6—— Money news updates every day 541 INFOTRADE LAUNCHES NEW PRODUCT p542 Mortgages Savings Your Money TV PlusP544 Teletext 544 Nov 2 01:21:14 & ÷5÷5|4 j5j} j}j5÷5|÷5 —— LOCATION OR CONDITION? ————————————— TUB's Alan Dodds says after a recession, buyers "want to see what their money is going on - new kitchens double glazing and so on". "They're no longer prepared to fork out so much to live in the right postcode or bj a few hundred yards nearer the station," he points out. "Location clearly remains important, but it's not the number one priority". ——————————————————————————————————3/6—— Mortgages to suit every Budget 545 FIND LOVE FOR FREE! DATING p390 ITV Mortgages Savings Your Money TV PlusP544 Teletext 544 Nov 2 01:29:53 ——— LOCATION OR CONDITION? ———————————— TUB's Alan Dodds says emphasis on condition is "another sign that people are nesting, not investing - buying somewhere to live rather than make a profit from". TUB says people will pay: £1,300 for double glazing, up from £1,000 last year £1,200 for a kitchen - £800 last year £1,u00 for a garden - £100p last year £1,200 for a garage, up £100 on 1994. ——————————————————————————————————4/6—— What's your environment worth? 460 WOKS FROM HOME BUT NOT ALONE p670 Mortgages Savings Your Money TV PlusP544 Teletext 544 Nov 2 01:26:22 ——— LOCATION OR CONDITION? ———————————— TUB research shows the new emphasis on house condition rather than local environment has taken its toll: owning property well located for work is worth £900, £300 less than 1994 being near the town centre is worth £600, half last year's value being able to walk to local schools is now worth £500, down from £1,200 proximity to transport facilities is worth £400, down from £1,000. ——————————————————————————————————5/6—— Time for a tea break? 487 HOME, WORK, LEISURE & PLEASURE p480 Mortgages Savings Your Money TV PlusP544 Teletext 544 Nov 2 01:30:46 ——— LOCATION OR CONDITION ————————————— TUB believes the feel-good factor is faintly detectable in the housing market but points out: for the first time in three years, mortgages use up 30% of take-home pay in January it stood at just 28.9%. by December this figure may bj as high as 31.1% unless interest rates continue to hold steady or there are changes from next month's Budget. ——————————————————————————————————6/6—— City news 500 Company results 520 NORTHERN ROCK'S BUMPER BONUS p543 Mortgages Savings Your Money TV Plus