YBS: Hill House properties see 37% decline in sales

Properties called Hill House in the UK have seen a 37% decline in sales over the last two years, according to Yorkshire Building Society.

YBS: Hill House properties see 37% decline in sales

Properties called Hill House in the UK have seen a 37% decline in sales over the last two years, according to Yorkshire Building Society.

 

The lender points to the Netflix series The Haunting of Hill House as to why potential homeowners may have been put off.

The society compared the 528 property transactions for houses named Hill House in the two years prior to the series airing, with the 334 transactions that took place over the proceeding two years.

Benjamin Merritt, senior manager of mortgages at Yorkshire Building Society, said: “It seems that house sales are possibly being affected by scary films.

“Whilst this can be a horror story in itself for sellers, for those people not bothered by spooky house names, it could be the perfect opportunity to buy a home in an area which may previously have been out of reach.”