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'I live with a ghost' - inside the haunted homes attracting bargain hunters

Across the UK, a growing number of property listings are attracting buyers with steep discounts tied to tragic histories, as homes where previous occupants...

01EconomyFN
Editorial illustration, not a photo of the event.

Across the UK, a growing number of property listings are attracting buyers with steep discounts tied to tragic histories, as homes where previous occupants died in distressing circumstances come to market at reduced prices. Estate agents report that such properties, sometimes marketed as “haunted” or “stigmatised,” can sell for as much as 20 to 30 percent below comparable local values, drawing interest from bargain hunters priced out of conventional housing. One resident, who asked not to be named, described living with what she called “a ghost” in her discounted home, saying the psychological weight of the property’s past is outweighed by the financial relief of an affordable mortgage. Solicitors and surveyors note that sellers are legally obliged to disclose material facts, though the threshold for what counts as a “stigmatised” property varies.

Consumer groups caution that buyers must weigh savings against resale difficulty, insurance costs and emotional toll, while mental health charities warn that living in a home associated with a violent death can affect wellbeing. Property analysts say the trend reflects broader affordability pressures in a stagnant market, with some investors deliberately targeting stigmatised listings for rental yields. Regulators have not issued specific guidance on haunted-property disclosure, leaving the burden on buyers to conduct thorough checks. Frankly News will continue to monitor developments in this sector.

Independent reporting synthesized from primary wires and global correspondents.

Original sourceBBC Business ↗