Anti-social neighbours are the biggest turn-off to prospective homebuyers, according to a recent survey of over 4,000 homebuyers by PrimeLocation.com.
57% of those surveyed listed loud or anti-social neighbours as the most likely reason for being put off a home purchase. Homebuyers in the East and North East of England are most put off by the thought of bad neighbours with 61% of respondents claiming this as the leading detractor from a purchase.
However, just 52% of potential buyers in London said that noisy neighbours would be a key off-putting factor.
HOMEBUYERS CITING BAD NEIGHBOURS AS MAIN TURN-OFF:
Region |
% of Homebuyers |
East of England |
60.9% |
North East |
60.9% |
West Midlands |
60.6% |
East Midlands |
60.4% |
South East |
58.3% |
Wales |
57.9% |
South West |
55.6% |
North West |
55.2% |
Scotland |
54.5% |
Yorkshire and The Humber |
54.1% |
London |
52.2% |
Source: PrimeLocation.com
Security ranked very highly as an important factor in a property being considered as ‘prime’ with private gates and security cameras coming in above swimming pools, tennis courts and walk-in wardrobes as must-haves amongst potential buyers of ‘prime’ property.
Lawrence Hall of Primelocation.com, said: “Discerning buyers don’t simply look for a good location but want to live in a good neighbourhood too. The quality of the neighbours and the security of the property are both clearly important factors for ‘prime’ buyers.”