Any estate agent will tell you about typical property buyers’ most obvious deal-breakers: think location, space, condition, transport links, crime, local schools and so on. But what about the many hidden factors that could make an otherwise keen property buyer reduce their offer – or worse, lose interest in the purchase entirely?
For property buyers, the worry of being burgled can be a major factor in deciding whether or not to buy, a survey suggests from SellingUp, with Populus, the UK market research firm. If they thought that security was a problem, a risk averse 37pc would pull the shutters down on the purchase, while 23pc would ask for a major price reduction – perhaps to compensate for the cost of CCTV, alarms and window bars, not to mention insurance premiums. Another 17pc would ask for a few hundred pounds off the price, which might equate to the cost of some minor improvements. For the survey in full visit http://www.sellingup.com/property-buying-dealbreakers-survey.
