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 The poll of more than 1,000 buyers for First Mortgage shows that 48 per cent of first timers have withdrawn from a property purchase because of one or a mix of eco-related problems.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 

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