Real Estate Agents Central London – Buying New Versus Resale Property

Real estate agents central London wide offer advice and guidance for people buying a new home. One question you might be asking is whether you should buy a new build home or resale property. There are rewards and drawbacks to investing in either new homes or resale property. Here we explore both.

Choosing between a new or resale property will often be contingent on both your situation and any future plans that you have for the property. Consider these questions with your estate agents London based to ensure you get the right property for you. Are you planning to renovate the property to increase its value? Would you prefer a property that doesn’t need any work? Would you prefer a property from a specific period or a property of a specific style? How much does energy efficiency and the latest technological advances matter to you? Does a property chain matter to you? New build property is often much more convenient for purchasers with a number of developers contributing towards Stamp Duty and even deposits. Many also come with a guarantee of 10 years. Explore more about this at the National Home Building Council. In contrast, resale properties offer the purchaser the opportunity to grow the value of the property through renovating and decorating the property. This can give buyers an improved chance of making a profit when they sell, and being able to reinvest in more expensive property in the future. Resale properties may also have more personality and history, which are positive points for many buyers. Discuss this with Central London estate agents today.

At Next Property, we are real estate agents central London based. Situated in the heart of the Capital, we are experienced in helping buyers to find their new home. We can help you choose whether a new build or period property is right for your needs when you call +44 (0)207 118 0000. Visit us online to find out more.

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