Top 10 things to do when selling your home

 

 

 

 

 

 

 

 

 

Selling your home can often be a daunting experience. The housing market is unpredictable to say the least and you often feel the pressure to sell quickly, especially if you’ve already set your heart on your dream home. BLM Property Executive, Ajda Watson gives you 10 top tips for that successful sale.

  1. Declutter your home and give it a fresh lick of paint.
  2. Get at least three valuations from Estate Agents.
  3. Choose the Agent with the most realistic sale price if you want a quick sale.
  4. Make sure the sale price covers any mortgages/loans that you may have against the property.
  5. Check with your lender as to whether there may be a penalty fee payable if you are redeeming your mortgage in full before your fixed rate comes to an end.
  6. Check with your lender to see if you can portal your mortgage to avoid a penalty if you are buying a new property.
  7. Get a quotation for your conveyancing and make sure the fees cover redeeming your mortgage and any work in connection with a managing agent (if applicable).
  8. Get your paperwork in order in relation to any planning or building regulation certificates to works that have been carried out at the property. Also ensure you have kept any guarantees.
  9. Make sure your payments are up to date in relation to any management fees (if applicable) and be aware that you will probably have to pay for a leasehold management pack if your property is leasehold. This could be in the region of £200-£500.
  10. Be patient; not all houses sell straight away. Keep talking to your estate agent for feedback on your property from potential buyers.

Ajda Watson, Property Executive
ajda.watson@blmlaw.com
0207 457 3562

Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to clients of BLM. Specialist legal advice should always be sought in any particular case.