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How Do I Go About Selling My House?

Property Saviour » Selling » How Do I Go About Selling My House?

Selling your home can be intimidating, especially if you’re trying to buy a new place at the same time. The decisions you make when selling a property could save or cost you thousands of pounds. To help you through the process, here is a checklist with everything you need to know about selling a house.

Table of Contents

How much is my home worth?

When selecting an agent, the most important question to ask is: ‘Which agent will yield the best outcome for me?’ Gather a few estate agents to appraise your property to compare their services and charges.

How much will this move cost?

Add up all the costs associated with your move, including estate agent fees, legal fees, and removals. Do this now to avoid any unpleasant surprises later.

How Do I Go Selling My House
It's time to get the property details just right. Your estate agent will arrange for a professional photographer to come to your property to take photos and a video for a virtual tour (if applicable).

Arrange an EPC

It is a legal requirement for all properties in England and Wales to have an Energy Performance Certificate (EPC). This certificate will provide an energy efficiency rating for your property. Your Move can arrange for you to obtain the EPC.

Put your house on the market

It’s time to get the property details just right. Your estate agent will arrange for a professional photographer to come to your property to take photos and a video for a virtual tour (if applicable).

So, make sure your home looks its best. After that, work with your agent to decide which are the best images.

Spread the word online

Almost all property buyers start their search on the web nowadays, so make sure you make the most of it. Your agent should list your property on Rightmove at least.

This will help your property to stand out in the first few days it is on the market. Lastly, don’t forget to share it on your own Facebook and Twitter pages.

How To Prepare for House viewings
Reflect on all the things that made you fall in love with the property and the area.

Prepare for viewings

You want potential buyers to be able to envision themselves in your home. Three things that often put off buyers are dirty kitchens, untidy exteriors, and unclean bathrooms.

Reflect on all the things that made you fall in love with the property and the area. Make a list so that you can emphasize these points to potential buyers and ensure your home is prepared for viewing.

Potential buyers will visit your home

You may decide to show prospective buyers around the property yourself or ask your estate agent to do it. Make sure they get to see all parts of your home, even any storage areas such as cupboards and lofts.

After each viewing, ask your estate agent to provide you with detailed feedback. Additionally, estate agents are now offering virtual viewings to make sure potential buyers are interested before they physically come to the property.

Accept an offer

You’ll be given notifications about offers via phone and in writing. Think about the amount being offered, the buyers’ financial situation, their chain (if they’re selling another property), and your timeframe.

How to find a solicitor
The solicitors representing both parties will confirm that the sale is agreed upon, pending a contract

Find a solicitor

Conveyancing may sound tedious, but it’s an essential part of the property buying process. It involves the legal transfer of your property to the buyer and can be confusing.

Sale agreed

The solicitors representing both parties will confirm that the sale is agreed upon, pending a contract. You will receive a Memorandum of Sale, however, either party still has the option to withdraw without any repercussions.

The buyer will arrange a house survey

Your buyer will have an appointment set up by the surveyor, and the results will be sent to them. The surveyor will be looking out for five key things: issues with utilities, dampness, cracking, roof problems and timber defects.

What are Mortgage valuation?
The buyer's mortgage lender will carry out a valuation to check that the house is worth the amount they are being loaned. In addition, a survey of the property will be conducted.

Mortgage valuation

The buyer’s mortgage lender will carry out a valuation to check that the house is worth the amount they are being loaned. In addition, a survey of the property will be conducted.

Your solicitor drafts the contract

You must provide your solicitor with the title deeds for the property, as well as a Property Information Form. They will then create a contract to be sent to the buyer’s solicitor.

The buyer’s solicitor will confirm the details of the property

The buyer’s solicitor will get in touch with your solicitor to confirm everything that is included in the transaction. They will inquire about matters such as the borders, any disagreements, and any modifications that have been made.

The buyers solicitor will perform searches
The buyer's solicitor will carry out searches of both Land Registry and Local Authority records.

The buyer’s solicitor will perform searches

The buyer’s solicitor will carry out searches of both Land Registry and Local Authority records. They’ll be looking into the property’s planning history, as well as any potential developments related to roads, drains and mining in the vicinity.

Sign the contract

Your Solicior will let you know when it’s time to finalize the agreement.

Agree moving dates

Your solicitor and the buyer’s legal representative will decide on a date for both the exchange of contracts and completion (i.e. the date you have to move out).

It’s also a good idea to start getting quotes for removal companies at this stage, so you can plan a provisional move date.

What are Exchange of contracts?
Your solicitor will take in the buyer's deposit, as well as the contract with both parties' signatures.

Exchange of contracts

Your solicitor will take in the buyer’s deposit, as well as the contract with both parties’ signatures. This means that the purchase is now legally binding for both sides.

Removals

It’s time to reach out to the removal company you selected and confirm your move. And it’s time to start the packing that you’ve been dreading!

Advise everyone of your change of address

You’ll need to tell all your utility companies about meter readings and contract cancellations. Don’t forget to let the bank, your employer, family, and friends know as well. If needed, the Royal Mail can arrange mail redirection.

What are the steps in selling a house UK
The sale of the house is complete—let's celebrate with a high five!

Completion

The transaction is finalized between the solicitors of each party, and the keys are exchanged. The sale of the house is complete—let’s celebrate with a high five!

How much does it cost to sell a house?

  • Coming in at between 1% and 3% of your home’s sales price, estate agent fees are the most significant cost you’ll face when selling a home.
  • Conveyancing fees will be your next expense, costing between £800 and £1,800.
  • Removal costs range between £420 and £1,800. Don’t forget your remortgaging fees, which could be over £1,000.
  • Lastly, you’ll have paperwork expenses, such as the Energy Performance Certificate, which costs between £60 and £120.

How long does it take to sell a house?

Once you enter the housing market, the first few weeks are an important time for your home to receive an offer.

Andrew Groocock, regional partner at Knight Frank, states that “the first four to six weeks of marketing a property is essential. You are just entering the market and it’s your best chance to capture the most attention.”

On average, the entire process of selling a home – from when it’s listed to when you give the keys to the buyer – takes 25 weeks. However, the timeframe for selling a home can vary from 17 to 34 weeks, depending on various conditions.

What if I’m selling and buying at the same time?

If you’re looking to purchase a new home at the same time as selling yours, the best thing to do is to get all of your professionals lined up early. Have a solicitor or conveyancer ready to start the moment you go under the offer.

Make sure you have all necessary documents and paperwork prepared for your solicitor in advance. Delays in the conveyancing process are a major holdup when buying and selling a home.

It’s essential to have an efficient and prompt professional, and you must respond to all queries from your buyer’s solicitor quickly for everything to proceed smoothly.

sell to us!

Want a hassle and stress-free transaction? Property Saviour has you covered! Sell from us and rest easy knowing that your transaction is in good hands.

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Property Saviour Price Promise

  • The price we’ll offer is the price that you will receive with no hidden deductions.
  • Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
  • These valuations or surveys result in delays and price reductions later on.
  • We are cash buyers.  There are no surveys.
  • We always provide proof of funds with every formal offer issued.
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We'll Pay £1,500 Towards Your Legal Fees

  • No long exclusivity agreement to sign because we are the buyers.
  • You are welcome to use your own solicitor. 
  • If you don’t have one, we can ask our solicitors for recommendations.
  • We share our solicitor’s details and issue a Memorandum of Sale. 
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Sell With Certainty & Speed

  • Our approach is transparent and ethical, which is why sellers trust us.
  • 100% Discretion guaranteed. 
  • If you have another buyer, you can put us in a contracts race to see who completes first.
  • Complete in 10 days or at a timescale that works for you.  You are in control.

Sell with certainty & speed

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