A quarter of people regret compromising when buying a home

A quarter of people who compromised on location when buying their current home later regretted the decision, according to a new survey. Overall one in five buyers revealed that they compromised on the location of their current home and of those, some 25% said they later regretted the decision, the Which? Mortgage Advisers annual survey found. The most common aspects of a home that those surveyed made concessions on were price which was the case for 26%, while 23% compromised on décor, 20% on location and 20% on the size of the rooms. Compromising on location was more common among people living in London, with 26% of those surveyed in London saying they had to compromise on where they bought their home. Families with children were also more likely to regret choosing a different location for their home than they had originally planned at 38%.