Over half of UK property owners don’t like their home, research suggests

Published by Property Wire on Wednesday, 28 January 2015
One in 10 home owners in the UK regret buying their home with the biggest reason being that they think they rushed into it and 57% actually dislike their homes, new research has found.

Buying a house is the biggest purchase most people will ever make, and 90% of people don’t regret their purchase. However, that leaves 10% who do, the survey carried out for mortgage and loans provider Ocean Finance has found.

Some 28% said they had rushed into buying, 20% said they don’t like their neighbours, 16% said it is not big enough,12% said it needed more work done than they thought and 6% said they can’t really afford their mortgage. Also 6% said they would make a loss if they sold.

The older you are, the more likely …

Tags: home owners, mortgage, regret buying, survey

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