With property sales taking anything from 3 to 5 months to transact; the time to make your move is now.
The average time to sell a property has remained relatively stable over the past six years, typically ranging between 58 to 73 days. The length of time it took to sell slowed during the pandemic before speeding up again once the stamp duty holiday was announced.
Here are our top tips:
1) Get your finances sorted
If youāre selling your home to purchase another property elsewhere, youāll need to make sure you have a clear idea of how much you can borrow. Itās a good idea to get a āmortgage in principleā from a lender which shows how much they might be prepared to lend you, although this wonāt be a guarantee as to how much youāll get.
If you have an existing mortgage you should also read the small print to check whether any Early Redemption Charges apply, or whether you can move your deal across to your new property.
2) Choose the right estate agent
The best agent for you wonāt necessarily be the one that comes in with the highest valuation. You should check their knowledge of the local area, and also reviews from customers who have used them.
Compare their charges too ā even a seemingly minor difference in fees can add hundreds or even thousands of pounds to your moving costs.
Make sure you find out what their tie-in period is as well, in case you want to switch to an alternative agent if your home isnāt selling.
3) Boost your propertyās appeal
Once youāve chosen an agent, make sure your property looks as good as it possibly can so it will appeal to potential buyers. Start by clearing up outside so that your property makes a good first impression. De-clutter if you can, as that will enable buyers to visualise themselves in your home more easily and make sure your property is well lit for viewings.
4) Arrange your conveyancer
If you want to sell by Christmas, itās a good idea to have a conveyancer lined up so that they can start all the legal work as soon as youāve accepted an offer. Again, check reviews from other people who have used them so you can get a sense of how efficient they are, and remember to factor conveyancing fees into your moving costs.
5) Start looking for your next home
Even if you havenāt got an offer on your home yet, itās worth starting your property search once your home goes up for sale. Although vendors are unlikely to consider accepting an offer from you if your home isnāt under offer, itās still worth scoping out whatās available so that you can act quickly if someone wants to buy your property.
6) Already on the market? But your home just isnāt selling?
Then consider making a change to another perhaps more pro active estate agent. Allen Residential market their properties in a completely different way to most estate agents. Firstly, we send out your particulars to our most serious buyers via our āheads upā property alerts, giving the most committed buyers the chance to see your home first, not only saving you valuable time on achieving a sale but also giving you the best chance of securing the highest price to the most able purchaser. James Allen can discuss the sales & marketing process with you when he comes to value your property.
Looking to sell & ready to start then start the moving process?
Then click
HERE by doing an instant valuation of your home. We can then respond back to you and arrange a face to face meeting within minutes.
You can also contact the owner of the business James Allen DIRECTLY here on email james@allen-residential.co.uk or his mobile 07773 412300
Looking to buy? Click HERE to register with Allen Residential to receive the new properties before they reach the open market