Having Problems With Your Neighbours?
Not only is it stressful to live next to a bad neighbour, but new research has shown that a lot of potential buyers look for tell-tale signs of potential problematic neighbours, making it stressful to sell a property next to a bad neighbour too.
Across Britain, 28% of people have fallen out with a neighbour at some point, the main cause of fall outs relate to loud music, loud shouting and slamming doors. According to a study by Gocompare, 40% of people claim that loud noise has been the primary cause of their fall out with a neighbour. This is followed by 25% of people claiming that pets barking and fouling is the cause of the fall out.
The research also revealed that 4% of people have fallen out with their neighbours due to parking spaces, 13% have fallen out due to overgrown trees and hedges, 10% have fallen out over damage to their property or car and 10% over boundary disputes.
How Can A Neighbouring Property Affect The Sale Of Your Property?
The research shows that 16% of people have fallen out with a neighbour due to rubbish being left in their garden. With this in mind, 48% of potential buyers revealed that they would be put off a property if they saw a neighbours garden littered with rubbish.
As well as this, 43% of the people involved stated that they wouldn’t buy a property if the neighbouring address was in a dilapidated state and 37% of them wouldn’t buy a property that is next to a student accommodation.
It’s Not All Bad
Nevertheless, not everyone has fallen out with their neighbours. Over half of the people involved said that they would consider their neighbours as friends, with 51% of them lending to a neighbour and 41% of them borrowing from a neighbour. In accordance to this, 51% of people have looked after a neighbours property when they have been away to look after pets and water plants.
If you have any questions relating to this topic then don’t hesitate to contact us to speak to a member of our team.