Preparing to sell your property – a helpful guide
Whether you’re considering selling your property or you’ve firmly made the decision to, we can help make the process of selling your home just that little bit easier, ensuring everything remains as stress-free as possible.
1. Property evaluation
Have your current property valued to see how much it might be worth with a FREE valuation with Michael Jones Estate Agents. Our experts will give you a good idea of how the local property market is currently performing and provide you with a realistic asking price. This will help you work out your finances and with the assistance of your mortgage broker you’ll be able to put a budget together for your next property.
2. Finances organised
Let your mortgage broker know that you’re considering selling and find out how big your outstanding mortgage is and if there are any penalties for paying back your existing mortgage. They will be able to look at the mortgage options available to you, so you’ll know the budget available for your next property. If you plan on purchasing a new-build home, your broker will also be able to give you information and advice on the mortgages you’ll be eligible for.
It’s important to consider all the fees associated with moving, of which the principal costs are noted and can be budgeted for below:
£ Estate Agency Fees
£ Financial Advisor Fees
£ Legal Fees (Conveyancing)
£ Stamp Duty
£ Energy Performance Certificate (EPC) Costs
£ Removal Costs
£ TOTAL COSTS
Our expert team work alongside Independent Financial Advisors and can arrange for you to have a free initial chat to help find out what your borrowing and repayments could be. We can also help you obtain a quotation for legal fees, removals and an EPC. If you’d like this organised, call us here.
3. Instruct a solicitor
You’ll need to instruct a solicitor to conduct the conveyancing process and handle all of the legal work to transfer ownership of the property to you. To save time, we recommend choosing your solicitor around the same time you choose your estate agent, however you can only instruct them to start work once you have a formal offer.
4. Selling before you buy
If you’re selling your property, chances are that you’re also looking to buy. To avoid disappointment, and potential property heartbreak, we advise you find a buyer for your own property before you start looking for a new one. Usually waiting until you have a buyer lined up will also put you in a stronger position to negotiate on your dream home.
5. FREE instant online valuation
For those of you that would like a valuation now to receive an approximate figure based on basic information such as your address, number of bedrooms and the type of valuation – sales or lettings – you can submit a FREE instant online property valuation request and a report will come back to you in seconds.
When you are ready to sell and want to opt for a more detailed and informative property valuation bespoke to your home, contact us for a free, no obligation valuation. One of our expert team will run through the current market value of your property based on different factors such as size, location, condition etc. and will give you an idea of what an achievable asking price would be for your property.
If you are thinking of selling and have any questions, we are very happy to help. Visit your local branch today or call 01903 213 111 to speak with one of our friendly team.
Other blogs that may be of interest, include:
- Getting your property on the market
- 5 essential secrets for selling your property
- A seller’s guide to the property selling process
Content accurate at time of publishing.