A Practical Guide to selling and moving home
While buying a new home and taking that next step can be an exciting experience, selling a home can be a step into the unknown.
We’ve over 150 years’ experience of helping our members buy their first or next home and that’s why we’ve created this useful guide to support you.
The time of the year when a house is put on the market can have an influence on how long it takes to sell. Spring is traditionally the most popular time; this could be because people begin thinking about a fresh start after Christmas and New Year, or perhaps thinking about it being easier to move in the better weather.
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
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
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
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
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.
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
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
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 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.
The sooner you book a removal company the better. Remember, it’s good to get a few quotes or ask friends for recommendations
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
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
Get the furniture laid out as you want it in your new home first before unpacking the rest of your belongings
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
For peace of mind, keep valuables or anything sentimental with you when you move. Some things are better to move yourself.
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.
We hope you have found the guide helpful