Eight million homebuyers unhappy with their purchase
Almost a third of British homebuyers (29 per cent) or eight million people, are unhappy with their new home once they move in, finding that it is not quite what they thought it would be. A study, conducted by AA Insurance, reveals that close to a sixth (13 per cent) of homebuyers feel like they did not get everything they wanted when they bought their last home and eight per cent were not as happy as they expected to be with their purchase. Different factors fuelled the dissatisfaction, with almost a third (29 percent) finding the buying process difficult and one in ten (11 percent) worrying about hidden faults.Close to one in twenty (7 percent) voiced concerns about being ripped off by estate agents - which is unsurprising as estate agents were also voted the second most untrustworthy profession, topped only by politicians.. Janet Pell, head of AA Home Insurance, said: "For most people, buying a home will be the most important purchase they make in their lifetime, so it's really important to get it right and make sure you have no regrets once the contract is signed."
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