Let us assume that you sell your house via an estate agent
and the true market price of your house is £150,000. From the
time of your first call to the agent till the house is
sold and completed, and money arrived in your account, it
can take up to 6 months (even more in some areas).
House
Selling Costs Example
Market Valuation of
House: £150,000
Usual
Costs
Via
us
Estate Agent's
fee (2% +VAT)
£3525
None
Mortgage interest payments (6
months @6.75%pa)
£5060
None
Solicitors fees (incl. searches
etc)
£1000
None
Decorating, Incentives,
Inducements
£1000
None
Hidden Costs
(home insurance, council tax... etc)
£1000
None
Home Information Pack or
HIPs
£500
None
Also do not
forget:
Your total time spent
preparing the property to sell (decorating,
cleaning etc)
Countless viewings by
strangers; feedback from estate agents
(often negative)
Receive reduced offers
from buyers. Offers are generally 93-95% of
the asking price (i.e. 93-95 pence in
a Pound). This is UK average according
to Hometrack.
If offer not accepted
then start all over again
If offer accepted
then hold your breath and wait anxiously
for completion of the sale. Many sales fall
through at this point because buyer can not
raise mortgage, or sell his own house,
or just changed his mind for any reason
(which means: start all over
again).
In short, if we shake hands on the deal then you can be
certain that we will buy the property - and you can have
money in your account within weeks. We offer the quickest
way for you to sell the house.
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