Getting your house in order for a swift and seasonal sale
How do you spend your Easter Bank Holiday? Some quality time with family and
friends? Long walks and pub lunches? Hoovering, tidying and waiting for strangers
to tramp through your home and criticize your decor? If the latter you are part
of a well recognized phenomenon which is that Easter is a traditional boom time
for putting your house on the market.
For whatever reason, as a nation, we seem to get itchy feet round about now.
So what are our busy conveyancing team’s top tips for a hassle free house sale
?
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Be realistic about time scales – yes, we can get from instruction to completion
in 14 days but only if there’s a cash buyer without a chain who won’t be getting
a survey. Your mantra is, you always proceed at the pace of the slowest link
in the chain. Accept it.
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HIPS haven’t helped much in this area – find your guarantees, the building regulations
and planning permissions for extensions and FENSA certificates for replacement
windows before you put your property on the market. Yes, these can mostly be
replaced if you can’t find the originals but this takes precious time.
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Don’t grieve about the fact that two years ago your next door neighbour sold
his for £50,000 more than you can get now. That was then, this is now. If you
trust your estate agent, accept their advice on what constitutes a good price.
If you don’t trust him/her find one you do.
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Be prepared to compromise a little on price if things crop up at survey. If
your buyer needs a mortgage accept that his or her lender might down value the
property limiting his or her ability to borrow what they need to buy it. If your
buyer has his/her eye on your lovely carpets and dining room suite, hold those
back from the deal with a view to maybe throwing them in later – as a sweetener
or to compensate the buyer for the cost of works identified at survey or valuation.
We can’t promise your house sale will be all plain sailing but follow these tips
and you’ll avoid some of the most common pitfalls.
Carolynn Peace is a director and a solicitor in Berwins’ residential property
team. Contact Carolynn on 01423 543115 or
CarolynnPeace@berwin.co.uk