Questions First Time Buyers Should Ask Themselves

With over 12 years experience in the property industry, Taylors Estates have been approached by many first time buyers to find them their ideal home.

Based in Preston city centre, Richard and the team at Taylors are experts in the property sector and have a wide range of connections across the county. They have a variety of properties available for sale including flats, apartments and 2-4 bedroom houses.  

There are certain things to consider before buying your first property and you shouldn’t rush into make any quick decisions. Take a look below and discover the questions you need to ask yourself if you’re considering buying your first property.   

Why Is The House Being Sold?

One of the most important things to consider is why the house is being sold and how long the property has been on the market. Sometimes, there might be a personal circumstance or a financial reason for the sale, but it’s important to understand the mindsight of the current homeowner. If they’re looking for a quick sale, there could be an opportunity to enter a lower offer and they might be more willing to negotiate.

It’s also important to ask whether there have been any renovations to the property, or if the house has had any building work. It’s recommended to have a full structural survey carried out and it’s a legal requirement for the property’s owner to have an up-to-date EPC before selling. 

What Happens After The Sale?

Get as much information as you can before committing to buying a property. Make enquiries into how much the running costs of the property are, including council tax and heating. If your property doesn’t have a garage, you might need to figure out the parking arrangements and share with neighbours.

What’s My Future Plans

The biggest question to ask yourself is; What are my future plans with this property? Your own individual circumstances may mean that you will need to upgrade to a larger house in the near future, or that you’re going to rent out the property as a buy-to-let.

Whatever the situation, Taylors Estates can help. If you would like to find out more about their properties, simply get in touch with their friendly team today by emailing office@taylors-estates.com, and they will be happy to help.

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