I’d like to sell my property. What do I need to do first?
The first step when selling your house is to know how much it’s worth. A pre-listing appraisal will give you an idea of how much your property will sell for. Next, we recommend getting a valuation from a trusted estate agent who understands the local property market.
How much does it cost to sell a property?
Selling your home incurs various expenses. Typical costs to sell a house include mortgage fees, conveyancing fees, moving costs, and obtaining an Energy Performance Certificate (EPC). Then there are the estate agency fees to consider.
How will you market my property?
We take a proactive approach to market every property successfully. The first step is to take highquality photos of your home to showcase its best features and potential. In addition, we include detailed descriptions, floor plans and 360° virtual tours to attract potential buyers. Then through our website, window displays, advertising, and active marketing, we can reach the broadest possible audience base.
Who carries out the viewings, and what does the process involve?
As part of our comprehensive service, one of our agents carries out viewings on your behalf. However, you are welcome to carry them out yourself or accompany the agent. Before the viewing, we ensure we have relevant information to answer any questions and showcase your home in the best light. We then get in touch with you to provide feedback. Then, if necessary, we!ll proceed to negotiate an offer.
Do I require an Energy Performance Certificate (EPC)?
Yes, you must provide a valid EPC before listing your home for sale. The certificate costs in the range of £100.
How long will it take to complete the sale?
The time it takes to sell your house depends on several factors. Typically, it can take in the region of twelve weeks to complete the deal and sign contracts. Factors that can cause the sale process to take longer include being a chain, surveys and market conditions.
What does "exchange of contracts’ mean?
The "exchange of contracts! is when you and the buyer sign the contract agreeing to sell the house. Each solicitor then exchanges the contracts. At this point, the sale of the house is legally binding, and the buyer will incur a hefty financial penalty if they pull out of the deal.
What happens when the sale is complete?
Typically, seven to 28 days after the exchange of contracts is completion day. This is when you move out and hand the keys to us. We then pass them on to the buyer’s solicitors.
Will I have to pay any Capital Gains Tax?
You don’t need to pay Capital Gains Tax if you sell your primary residence. However, if you are selling a rental property or a second home, you may be liable to pay Capital Gains Tax.
Will I have to pay Stamp Duty?
The buyer pays Stamp Duty. Therefore, there is no need to pay this tax when selling a house.