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| Sunday, 23 June, 2002, 01:06 GMT 02:06 UK House hunters 'buy on impulse' Emotion and intuition can takeover while home buying House buyers spend on average 18 minutes looking around a property before putting in an offer, a survey suggests.
Properties may be one the most expensive purchases, but people spend more time picking a suit than choosing a home. According to the survey by property website Fish4homes.co.uk, shoppers spend 22 minutes looking at an expensive item of clothing, such as a suit or �150 dress - four minutes more than buyers spend viewing a property. In addition, more than half of all buyers put in an offer on a property worth �150,000 after just one viewing, compared with 50% of clothes shoppers who will go away and come back to have a second look. Plumbing and electricity First impressions are the most important factor for homebuyers, the survey suggests.
More than three quarters of homeowners, regardless of their age, said they bought their property because they liked the look and feel of the place, and not because everything was in working order. Almost half did not bother to check the plumbing or electricity, and one in four admitted they encountered one or two major problems after moving in that could have been spotted before the purchase went through. Many homeowners regretted buying in haste, with 45% saying they would have spent more time looking around the home that they had bought.
Jonathan Turpin, chief executive of Fish4homes.co.uk, said: "From personal experience I know many house hunters spend more time picking a vacuum cleaner than viewing a potential home." But he warned people to avoid superficial details and concentrate on important issues, such as plumbing and central heating. "It's better to ignore the aesthetics and concentrate on the practical details. Changing the decor is often cheaper, not to mention much more enjoyable, than having to deal with a leaky roof or a central heating system that doesn't work." |
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