Quarter of UK house hunters take less than a week to find the right property

Taylor Scott International News

It seems that the old adage love at first sight applies to the UK property market with new research showing that almost a quarter of home seekers take less than a week to find a new place to live. Some 17% visit only one property when looking for a new house, 25% need to see their future home only once and over two thirds know instantly or by the end of the first visit that they want to move in. The research from mortgage provider Ocean Finance also shows that a third of house hunters spend almost three months browsing the property market, looking at online services such as Zoopla or Rightmove, contacting estate agents and organising viewings. When asked how many times they visited the property they liked best, some 60% of home owners to be admitted they need to see their future homes two to three times before moving in, although over a quarter visit their chosen property only once. Over two thirds of home buyers know instantly or by the end of the first viewing that they want to move in but the research also shows that small things can put buyers off with the biggest one traffic noise. The majority of those questioned won’t buy a house on a main road. A lack of natural light or an electricity pylon around the corner can also make a house unattractive for many people. No local shops or supermarkets can let the property down, as well as little or no storage in the house. Home seekers are also put off by a property that is too far from public transport or with an untidy or small garden. People rarely enjoy living above a take away or chip shop, as strong food smells are another reason for turning down a house however, people can live with coloured bathroom suites and without local restaurants and pubs. Continue reading →

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