Wednesday 8 May 2013

Good neighbours are a highly valued commodity


Anti-social neighbours are the biggest turn-off to prospective home buyers according to a recent survey of over 4,000 home buyers by PrimeLocation.com.

Almost 3 in 5 (57 per cent) 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 per cent of respondents claiming this as the leading detractor from a purchase. Londoner’s seem less fussed with just 52 per cent of potential buyers in the capital stating that noisy neighbours would be a key off-putting factor.

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.”

Information source – whatmortgage.co.uk

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