Selling your home

A Practical Guide to selling and moving home

The Average Number of Days it Took to Sell a House

0 2018
(Source: Rightmove, 21 December 2018)

Estate Agent Charges

High street estate agent charges normally start from 1% of the sale price excluding VAT (so for a 1% fee with VAT, it would be in total 1.2% of the sale price). Estate agents’ charges and services differ, so make sure this is a question you ask when they value your home, and check what’s included in their price

1%

Energy Performance Certificate (EPC)

An Energy Performance Certificate (EPC) is required whenever a property is sold. The EPC shows the energy efficiency of the property. There is no fixed fee for this, as it’s dependent on the size of the property. According to MoneySuperMarket, prices start from £35 but could cost several times that amount. You may be able to get this included in your estate agent fees

£35

Conveyancing services

You’ll need to hire a conveyancer for all the legal aspects of buying and selling, who can typically charge between £850 - £1,500. These costs can rise depending on whether the property is leasehold or freehold

£850 - £1,500

Lease information pack

If you live in a property that’s serviced by a Property Management Company, you may need a Lease Information Pack when you sell it, which comes with a charge. There’s no standard set fee for this, so it’s worth speaking to the management company beforehand

£££

Removal services

Once sold, you may need a removal van to move your furniture. You should also add this into your calculations. Again, there is no set fee for this, so it’s advisable to shop around to achieve the best price.

No set fee

Knowing the Costs

Selling a property can be more costly than you think.

Putting your house on the market

Some handy tips when it comes to putting your house on the market

Have a look at other properties for sale in your area, to get an idea of the value

It’s worth getting at least 3 different valuations to help compare the recommended value of your house and the different listing fees

There are now more ways to sell your house, rather than just the traditional high street estate agent. For example, online estate agents are relatively new to the market and offer a slightly different service. It may be worth researching if there is an option suitable for you

Before the photos are taken, give your property a really good spring clean

Consider a lick of paint to brighten things up

Make sure the windows are clean, inside and out

Ask a friend to look round it before viewings start to see if they pick up on anything that could do with improving, which you may have missed

Try and make the property look as spacious as possible. If this means temporarily moving furniture around then consider it

Clear out any rubbish, empty dishwashers and avoid having clothes out drying when it comes to viewings

Think what you’d ask about the property if you were being shown round, then give those answers to the estate agent so they have potentially useful information to hand

Make it look a happy home. The viewer will want to imagine themselves there. A brighter and desirable looking home will do no harm

It’s also a good idea to contact a conveyancer when you’ve put it on the market, so they know there may be future work coming

And of course, speak to any friends who have recently gone through the process

Once you’ve picked your estate agent, and your property is listed, do your bit to raise awareness of the new listing. You may want to consider putting it on social media and ask friends to share it. If you’ve a work intranet that allows personal content why not list it on there too?

Getting packed

Once you have accepted an offer and have a moving day lined up, you’ll soon be at the stage where you need to start packing up your belongings. This is not a job many home movers enjoy, but there are a few things you can do to make those first days in your new home a little easier.

Removal help

The sooner you book a removal company the better. Remember, it’s good to get a few quotes or ask friends for recommendations

Keep and pack or donate and dispose

Buy or borrow cardboard boxes in advance - you may be surprised how many boxes you’ll fill. Moving home is also a good excuse to sell, donate or dispose of items you no longer need

Where's the kettle?

Label your boxes by room. You probably won’t regret putting details of the content of the box on the label, especially when trying to find the remote control or your phone charger on your first night in your new home

Plan out your rooms

Get the furniture laid out as you want it in your new home first before unpacking the rest of your belongings

Screwdriver, check. Allen key, check.

If you’re dismantling furniture, ensure you keep the parts you need to set it back up again, either with that item or at least labelled in an envelope or jiffy bag

Grandma's vase

For peace of mind, keep valuables or anything sentimental with you when you move. Some things are better to move yourself.

Moving Day

Being organised is key to avoiding headaches on moving day.

Before you hand over the keys

Tidy up those loose ends.

You may be excited about starting a new adventure in your next home, or a little sad to move on. Either way, make sure you tie up any loose ends before you leave.

The checklist below should help start you off.

  • Contact the water and energy companies to let them know you're moving and give then any final meter readings
  • Disconnect all energy supplies, broadband, cable TV etc
  • Tell your workplace, bank or building society, and other providers who may contact you by post, about your change of address
  • Remove any rubbish or unwanted furniture or ornaments, unless pre-agreed with the buyer
  • If you can leave any useful information, for example when the bins are due, it’s always helpful for the new occupants
  • Cancel or redirect any subscriptions or services that you pay for, such as a newspaper delivery or a window cleaner
  • Ensure you don’t pay council tax on a house you don’t live in anymore
  • Hand over all the keys, including any shed or outdoor keys.

We hope you have found the guide helpful