Showing posts with label Deterrent. Show all posts
Showing posts with label Deterrent. Show all posts

Tuesday, 10 August 2021

First Time Buyers Deterred By Environmental Issues

A survey suggests that almost half of first time buyers have at some time pulled out of deals because of environmental factors. The poll of more than 1,000 buyers for First Mortgage shows that 48 per cent of first timers have withdrawn from a property purchase because of one or a mix of eco-related problems. Flood risk was the most common concern cited by 56 per cent, followed by contaminated land on 52 per cent. Then came subsidence; natural hazards; nearby mining activity; pollution levels and noise pollution; water quality, nearby industrial activity; the threat or presence of radon gas, and parking congestion. Read more on the Estate Agent Today website.

https://www.estateagenttoday.co.uk/breaking-news/2021/8/first-time-buyers-deterred-by-environmental-issues 

Tuesday, 10 July 2018

A Poor State Of Repair Puts Off Home Buyers In The UK


Damp, bad smells, poor maintenance and broadband blackspots the top things that home buyers in the UK say puts them off a property. Some 69% say they would not buy a home if there were damp stains on the walls and ceilings, while 63% would be out off by smells including damp, food, cigarettes and pets. Research also shows that 59% would fail to put in an offer if the property was in a poor state of repair from obvious issues like rotten window frames and peeling paintwork. No parking would put off 56% of buyers while poor broadband is a deal breaker for 53% of those surveyed and 53% also said that they would not buy a property with unfinished building work. Read more on Property Wire.