Pandemic has altered priorities
The survey also revealed 42 per cent of Britons felt the pandemic had changed what matters to them when it comes to looking for the right home.
Some 50 per cent of respondents said they would want a property that has more space, as the shift to hybrid and remote working means they spend more time at home.
Raja said: “After a frenetic year for the property market in 2021, in which house prices rose sharply, there is a great deal of speculation as to how 2022 will unfold.
"Our research shows we should not expect any sudden slowdown; the fact that 18 per cent of UK adults – equating to more than 9m people – intend to buy a property in the coming 12 months shows that demand remains sky high."
But again he underlined the challenges that stand in front of prospective buyers.
He added: "The so-called ‘race for space’ means that competition for certain properties – such as houses with gardens and spare rooms for home offices – will be fierce.
"Meanwhile, rising inflation, the potential for further interest rates hikes, and delays in securing mortgages, could also act as stumbling blocks for those looking to buy property.
“Forward planning will be crucial for anyone looking to buy a new home or invest in property", he added.
simoney.kyriakou@ft.com
