Free Ad     Mortgages     Energy     Broadband

Costs To Selling Your House

This guide with easy steps will help you to sell your property. To begin with we will clear up the myth about that if you are with an estate agent that you are not able to sell the property yourself. This depends on your contract with your estate agent which can be one of the following.
  1. 'Sole selling' means your estate agent is the only one with the right to sell your house. Even if you find a buyer yourself, you'll still have to pay the agent.
  2. 'Sole agency' also means the estate agent is the only one with the right to sell your house but if you find a buyer yourself, you won't have to pay the agent.
  3. 'Multi agency' means that you can choose several estate agents to market your house but you will only have to pay commission to the one who sells it.
  4. 'Ready, willing and able purchaser' is a contract. If the estate agent finds you a buyer and you later withdraw from the sale, you'll still have to pay them.
As Houseladder is not an estate agent, and your contract is either 2,3 or 4, and as an estate agent does not provide any legal service to sell your property, then you can still use our services and sell your property .

If you do find that your contract is 1 (Sole Selling) and you wish to use one of our services, then check with the estate agent the termination period of the contract and set-up one of the other types of contract if you wish to use both an estate agent and Houseladder or even just Houseladder.


To see how much you could save by using our services have a look at our table below or use our online calculator (new window).


Property Value (£) At 1% At 2% At 3%
100,000 £1,000 + VAT £2,000 + VAT £3,000 + VAT
200,000 £2,000 + VAT £4,000 + VAT £6,000 + VAT
300,000 £3,000 + VAT £6,000 + VAT £9,000 + VAT

Please note + VAT so you will need to add this on top of figures shown in the table.


Even if you do use an Estate Agent you will find the following sections useful as they help you to sell your house.


For example if your property was sold for £250,000 and the agents commission was 1.5%, your final invoice by the agent will be as follows:



Property Sold for £250,000
Agents Commission at 1.5% £3,750
VAT at 20% £750
Total that you owe the agent £4,406.25


The following sections goes through the steps required to maximise your property to potential buyers.



Preparation

Gathering information on Your Property

Home Information Packs

Marketing

Viewings

Offer made on property



Next: Preparing Your Property For Sale >>
Free Ad     Mortgages     Energy     Broadband