Nearly a quarter of home buyers paid over the asking price during the pandemic
A recent survey reveals that half of UK home buyers regret how much they paid
Nine in ten say they had found problems they hadn t noticed during viewings
Many buyers rushed ahead with purchases after only seeing the property once
Others didn t visit at all, relying instead on video viewings and photos
Half of those who moved house in the pandemic regret paying too much thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
The property market has been red hot in recent months as buyers rushed to complete their purchases ahead of the stamp duty holiday deadline at the end of last month.
It generated a market where some homes were being snapped up within hours of going on the market by buyers hungry to get the tax saving or simply secure a property.
But new research suggests that this panic-buying has led to some regrets among new homeowners.
Indeed, it claims that half of homebuyers who bought during the coronavirus pandemic regret how much they paid.
New research suggests that panic-buying has led to some regrets among new homeowners
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