When buying a home, British buyers are becoming increasingly cautious, with certain property “red flags” turning potential dream homes into instant dealbreakers.
According to a recent survey highlighted by Metro, more than half of UK homebuyers admit that discovering major issues such as damp, mold, or outdated electrical systems can make them walk away from a purchase altogether.
The survey reveals that 56% of Brits are deterred by the presence of damp or mold, making it the most significant red flag for potential buyers. Close behind, concerns about poor insulation, outdated wiring, and structural issues are also causing prospective homeowners to reconsider their options. In a housing market where every detail matters, these factors can dramatically impact a property’s appeal and value.
The top 20 red flags that put Brits off when viewing a property, according to Gaffsy:
- Relisted on the market: 7%.
- Mould/damp: 49% of Brits agreed that this would put them off purchasing a home
- Noisy neighbours/area: 43%
- Overpriced: 39%
- Location: 38%
- Unusual smells: 37%
- Cracks in the walls or ceiling: 36%
- Home being on a floodplain: 36%
- Signs of pests: 34%
- No driveway or designated parking spaces: 29%
- Unclear access ownership: 24%
- Unclear boundary lines: 24%
- Leasehold: 23%
- Pushy estate agent: 23%
- Single glazing: 22%
- Home being messy: 17%
- Many nearby homes are up for sale: 16%
- Listed property: 15%
- Long time on the market: 15%
- Low asking price: 8%
Interestingly, the study also found that external factors like noisy neighbors or an unappealing neighborhood are enough to turn off nearly 40% of buyers. With the cost of living continuing to rise, and economic uncertainty looming, today’s buyers are more discerning than ever, unwilling to compromise on the quality and safety of their investment.
This growing caution is reflective of a broader trend in the UK property market, where buyers are increasingly focused on long-term livability and potential resale value. As the market becomes more competitive, sellers must address these common issues before listing their homes, or risk seeing their properties linger unsold.