One in four London homeowners admit to snooping on value of friend’s property
- Credit: PA Archive/Press Association Ima
Latest research from the Legal & General Mortgage Club reveals 24 per cent of homeowners in London admit to using sites such as Rightmove and Zoopla to check the value of their friends and neighbours homes.
Nosey Londoners are also 18pc more likely to check the value of other peoples properties than the average Brit.
A further 40pc of property owners use the same sites to keep up to date with the value of their own houses at least once a year.
Director at Legal and General Mortgage club, Jeremy Duncombe said: “While the current housing market rebound makes it is easy for homeowners to become overly concerned with the value of their home, it is important that as a nation we don’t become too caught up with the short term.
“Consistent, inflation-linked rises are what we need to see to ensure a stable and sustainable housing market in the long term.”