General Insurance Article - Bad neighbours


As the theme tune goes - ‘Everybody needs good neighbours’ – but not everyone is lucky enough to get along with the people next door. According to new research, bad neighbours are not only stressful to live next to, they can adversely affect the sale of your home, with would-be buyers looking for tell-tale signs of potentially problematic neighbours.

 The survey, commissioned by GoCompare, found that 28% of people have fallen out with a neighbour, with the most common disputes concerning noise, issues with pets and rubbish. For 6% of respondents, the relationship with next door became so bad it escalated into a legal dispute. 

 

 The survey also revealed that 48% of buyers would be put-off a house if the garden of a neighbouring property was littered with rubbish, with 43% claiming they wouldn’t buy a property if the neighbouring address was in a dilapidated state. Over a third (37%) wouldn’t buy a home next door to a student let.

 On the bright-side, the survey also found that many neighbours get along well and help each other out. Half of those surveyed said they would call their neighbour a friend, 51% have lent items to a neighbour and 42% have borrowed items. Just over half (51%) of respondents look after a neighbour’s property if they are away and water their plants or feed their pets.

 Commenting on the research, Ben Wilson, GoCompare’s home insurance spokesperson said, "Most people get along well with their neighbours, however, not all neighbours are easy to live next to. If you have an issue with a neighbour, the first thing you should do is to have a friendly chat with them, as they may be completely unaware of any upset they may be causing. If you’re unable to resolve the matter amicably, depending on the cause of the dispute, there are a number of options available to you. Citizens Advice have a useful step-by-step guide on the action you can take, and your home insurance may provide valuable help as well.

 Ben Wilson continued, “What’s also worth noting, anyone looking to sell their property is legally required to disclose information about any disputes they’ve had with neighbours on the ‘Seller’s Property Information Form’ provided by their solicitor. Providing false or omitting information could lead to legal action taken against you by the buyers – so as ever, honesty is the best policy.” 

Back to Index


Similar News to this Story

IPT receipts for 2024 to 2025 hits over GB7bn in January
According to this morning’s HMRC data, Insurance Premium Tax (“IPT”) receipts stood at £853 million in January 2025, bringing the 10-month total for t
Unlocking the potential of IFRS17 insights and opportunities
As mentioned in part one of this blog series, IFRS 17 has reshaped financial reporting for insurance contracts since its implementation on 1 January 2
Lack of expertise main barrier to AI adoption in insurance
A lack of expertise within insurance companies is the biggest challenge to implementing artificial intelligence (AI) technology. As AI has the potenti

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.