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Housebuyers Put Off By Tales Of Haunted Houses

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Mon 31 Oct 2016

Housebuyers Put Off By Tales Of Haunted Houses

Homeowners trying to sell their property may run into problems if there are tales of their abode being haunted going around.

According to recent research by insurance broker Towergate, this is a major deterrent for homebuyers, and one in three ask for a 20 per cent cut in the asking price if they think the house has a spooky history.

As the average property price in England is £226,807, according to recent Land Registry figures, this would result in a significant loss of £45,361 for sellers. 

However, 45 per cent of people said they would never move into a haunted property, regardless of how much the price was reduced by.

Towergate’s Drew Wotherspoon said: “When there are stories of something strange in a neighbourhood, this can be a huge turn-off for potential buyers.”

“Spooky vibes can be real deal breakers when it comes to buying and selling properties – and this makes it a scary time for sellers,” it was added.

The research showed 12 per cent have looked around a property that have a reputation for being eerie but have not put an offer in, while two-thirds refuse to purchase a home near a graveyard, undertakers or sinister-looking church. As many as three-quarters would reject a home close to a morgue.

This is not good news for those trying to sell their property, particularly if they want to move as they have themselves been spooked out by their home. Indeed, 13 per cent of those surveyed said they would move out straightaway if they thought their house was haunted.

Formerly beercock wiles & wick, beercocks is a family-run estate agent that covers the Hull, Beverley, East Riding of Yorkshire and the North Lincolnshire areas. Give us a call today.