Below is a list of some of the most common questions when it comes to selling your house.
First of all you need to receive a valuation to find out how much your home is worth. We recommend asking at least three different estate agents to value your home. Ask them about the services they offer, the current state of the local market, and the purchase price you can hope you achieve.
Most estate agents charge a commission fee as a percentage of the sale price. Fees vary depending on location, but are usually charged between 1% and 2%. This means if you sold a home for £200,000 at a fee of 2%, your estate agent fee would cost £4,000. Some estate agents charge a fixed fee, while you’ll also need to work out whether you want to commit to a sole or multiple agency agreement.
Your estate agent should accompany all viewings, but you may decide that you’d like to be present. It’s really up to you.
Every sale is different. Both your position and the buyer’s position needs to be taken into account before this question can be answered accurately. Assuming your buyer has to apply for their mortgage, the exchange of contracts normally takes between 4 and 6 weeks and then completion is between 2 and 4 weeks later. So in total you should expect 12-14 weeks to complete the sale.
It’s a legal requirement for you to provide an Energy Performance Certificate (EPC) when selling your home. This document informs buyers how energy efficient your property is and will likely set you back between £50 and £120.
‘Conveyancing’ is everything that needs to happen to legally transfer your home to the buyer. You will need a solicitor to make it happen.
Any other queries you may have about selling your house, don’t hesitate to get in touch with our team