Would a murder or paranormal activity put you off purchasing a property?
Em Morley - October 28, 2019New research has revealed the most common turnoffs for Brits looking for a property to purchase.
This research from regulated property buyer Good Move shows that over half (58%) of those involved with its survey would be put off purchasing a property if there had previously been a murder at the property. 44% would reject a house if there had been reports of paranormal activity.
However, more practical issues seem to be higher up on their list of concerns, such as a shared garden (73%), signs of damp (75%) or cracks (73%) and having a short leasehold remaining (76%).
The biggest red flag for those looking to buy is noisy neighbours, with a huge 85% of people saying this would put them off purchasing a property.
The top 10 issues putting house buyers off purchasing a property:
- Noisy neighbours (85%)
- Short leasehold remaining (76%)
- Signs of damp (75%)
- A shared garden (73%)
- Signs of cracks on the walls (73%)
- Front Door opening onto a main road (70%)
- No parking (69%)
- No garden (66%)
- Smelly (63%)
- Busy or high-speed roads nearby (62%)
Over 40% of UK house buyers may have admitted that they would not be put off by the fact that a murder took place onsite, but this would cause them to expect a discount of almost a third (32%) of its market value.
The research also highlighted that buyers would expect a 30% reduction if there had been reports of paranormal activity…
The top five features that buyers would expect the biggest discounts for are:
- Existing tenants (34%)
- Murder (32%)
- Paranormal Activity (30%)
- Pets left behind in the property (26%)
- Being next door to a cemetery (25%)
Ross Counsell, director at Good Move, said: “Although everyone has a different idea of the perfect home, it’s clear from our survey that certain things will put off most people.
“On the bright side, some of these put-offs are easy to address, so if you are looking to sell your house, make sure you sort out small things like cracks and damp.
“These little actions can make a huge difference and help you to make your house more attractive to buyers.”
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