Home Money What are buyers looking for when touring a home? Heat maps reveal it’s all WRONG

What are buyers looking for when touring a home? Heat maps reveal it’s all WRONG

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Quick decisions: Zoopla found that homebuyers spend just 34 seconds looking at a bedroom and just 1.2 minutes in the kitchen on average

Some Britons spend less time looking at their next home than they do test-driving a car – and they focus on the wrong things.

A fifth of us spend less than 20 minutes looking at a house before making an offer, according to Zoopla.

The property portal has also used heat map technology to show where potential buyers look most during a viewing of a home, with surprising results.

> When will interest rates fall again?

Quick decisions: Zoopla found that homebuyers spend just 34 seconds looking at a bedroom and just 1.2 minutes in the kitchen on average

Considering the average home is worth £265,000, a 20-minute viewing could typically equate to a £13,280 per minute decision.

According to Auto Trader, a test drive at a car dealership will last up to an hour, with many completed in 30 minutes – less time than it would take these buyers to tour a property.

> What’s next for mortgage rates in 2024? And how long should they be locked in?

But some agents think 20 minutes is enough to get a feel for a place, especially if they’ve already done their research online.

Amy Reynolds, Sales Director at Richmond estate agent Antony Roberts, says:

‘Most people end up very happy with their property purchase, which suggests that they know what they want and when they see it, they can make a quick decision.

‘Prior to a viewing, most people will have viewed the property online, looked at the floor plan and layout and already made a preliminary decision as to whether the property sounds like a good fit for them.

‘After that, it’s just about confirming the space and feel of a home, and yes, feel is key.’

More importantly, a test drive at a car dealership will last up to an hour, according to Auto Trader, with many completed in 30 minutes.

More importantly, a test drive at a car dealership will last up to an hour, according to Auto Trader, with many completed in 30 minutes.

Homebuyers focus on decor, not details

By using eye-tracking software on groups of real home buyers, Zoopla was also able to reveal where people focus their attention during viewings.

Incredibly, homebuyers spend just 34 seconds looking at a bedroom and just 1.2 minutes in the kitchen.

But perhaps most interestingly, the technology showed what things buyers are focusing on in real time, displaying which items and areas appeal to homebuyers and which are most neglected.

Techy: Zoopla is testing the world's first eye-tracking software during the viewing process, to see where real home hunters focus their attention

Techy: Zoopla is testing the world’s first eye-tracking software during the viewing process, to see where real home hunters focus their attention

Instead of focusing on important things like the condition of the boiler, water pressure or signs of damage or damp, homebuyers were more likely to spend time admiring items that wouldn’t even be there when they moved in, such as furniture and decorations.

According to Zoopla, mirrors, plants and paintings were particularly popular.

In hallways, while the coat rack, carpet and ornaments were viewed for more than a second on average, structural elements of the property such as the ceiling, floor, radiator and walls were viewed for less than a second, or not at all.

Many homebuyers were also distracted by the bedroom’s feature walls, looking back up to 19 times in different rooms.

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Highlighted feature: Many participants were distracted by the bedroom walls and looked back up to 19 times.

Trial participants were less interested in the floor, roof and ceiling, all important parts of a home that should be inspected before making a purchase.

Meanwhile, people did not look at radiators for more than 0.5 seconds in any room, despite them being a crucial component of a home’s heating system.

Zoopla also revealed that while buyers were checking out the bath and shower, they tended to ignore bathroom ceilings, which are more prone to damp and condensation.

These were observed for the shortest period of time, just 0.34 seconds, occupying only 3 percent of attention in the bathroom.

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Stylish Sink: While viewers were checking out the bathroom or shower (and toiletries), the ceilings were where they spent the least amount of time looking.

The trial follows independent research by Zoopla based on 2,000 home buyers who attended home viewings over the past five years.

This research found that only half of potential home buyers check something as important as the boiler and only a quarter check the water pressure.

Just under a quarter check the strength of their Wi-Fi, and a similar proportion check their attic.

However, when it comes to cosmetic features and furnishings, once again, these were found to attract much more attention.

A quarter admit to having seen photographs of the family living there and a similar number of the technology in their home.

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It’s all about the decor: Mirrors, plants and paintings proved particularly popular with home buyers, according to Zoopla

Almost a third look at the flowers and 37 percent admire the furniture. One in eight even admits to having seen how comfortable the owners’ bed and sofa are.

The study also found that two-fifths do not check for humidity and three-fifths do not check for condensation.

Jonathan Handford of Fine & Country estate agents believes cosmetic factors play a crucial role in a property’s appeal.

“Well-presented homes with modern kitchens, stylish bathrooms and fresh paint are significantly more attractive than those in poor condition or with dated decor,” Handford said.

‘Carefully chosen furniture and décor can effectively showcase a desirable lifestyle, making the property more attractive to potential buyers.

‘This attention to presentation also enhances marketing materials, allowing agents to better convey the property’s potential through high-quality images and descriptions.’

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How to find a new mortgage

Borrowers who need a mortgage because their current fixed-rate contract is ending or are purchasing a home should explore their options as soon as possible.

What if I need to refinance my mortgage?

Borrowers should compare rates, talk to a mortgage broker and be prepared to act.

Landlords can close a new deal six to nine months in advance, often with no obligation to accept it.

Most mortgage agreements allow fees to be added to the loan and only charged at the time of contracting. This means borrowers can lock in a rate without paying costly origination fees.

Please note that by doing this and not paying off the fee at the end, interest will be paid on the fee amount for the entire term of the loan, so this may not be the best option for everyone.

What if I’m buying a house?

Those with home purchases lined up should also try to get rates as soon as possible, so they know exactly what their monthly payments will be.

Buyers should avoid over-stretching themselves and be aware that home prices can fall as higher mortgage rates limit people’s borrowing capacity and purchasing power.

How to compare mortgage costs

The best way to compare mortgage costs and find the right deal for you is to speak to a broker.

This is Money has a long-standing partnership with free broker L&C, to provide you with expert, free mortgage advice.

Are you interested in seeing today’s best mortgage rates? Use This is the best mortgage rate calculator from Money and L&C to display offers that match your home value, mortgage size, term, and fixed rate needs.

If you’re ready to find your next mortgage, why not use L&C’s Online Mortgage Finder? This will search through thousands of offers from over 90 different lenders to discover the best option for you.

> Find your best mortgage offer with This is Money and L&C

Please note that rates can change quickly, so if you need a mortgage or want to compare rates, speak to L&C as soon as possible so they can help you find the right mortgage for you.

The mortgage service is provided by London & Country Mortgages (L&C), which is authorised and regulated by the Financial Conduct Authority (registration number: 143002). The FCA does not regulate most buy-to-let mortgages. Your home or property may be repossessed if you fail to keep up your mortgage payments.

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