BISCOES: Questions every seller wants answering

Buying and selling property are some of life’s most stressful events, so being well-informed from the outset lays a solid foundation for a worry-free sale.

In this guide, we answer some of the most common questions from sellers that will help you sell your property.

1. What should I do to prepare my home for sale?

From a practical perspective, you should spring clean, focusing on decluttering and doing the odd jobs that you’ve been putting off. Potential buyers will be looking at multiple properties and first impressions and kerb appeal really do count, with some suggesting properties with high kerb appeal sell for 10 per cent more than homes without it.

2. What if I change my mind?

We understand that everyone is human and an offer to buy or sell a property is not legally binding in England and Wales. It is a common misconception that signing the legal documentation commits you to the transaction, but this is not the case. Still, remember that your decisions will have an impact on the lives of others so you should think long and hard about whether selling is the right thing for you, but don’t let this stop you from withdrawing if something doesn’t feel right or your circumstances change.

3. How long does the process take?

Most freehold sales complete within about 8-12 weeks, with leasehold sales taking a little longer, at 12-16 weeks, but remember this is only a guide. Lots of things can have an impact on how long it takes to sell including the area, length of the chain, and efficiency of solicitors.

4. How much will it cost to sell my home?

There are lots of costs to consider including estate agent fees, solicitor costs, mortgage redemption penalties and removal costs.

5. What documents will I need?

You need several important documents including the title deeds, proof of identity and ownership and mortgage information.

Biscoes can help you with a ‘Get Sale Ready’ Legal Pack for your property, which not only helps potential buyers, but also makes you aware of any problems at an early stage, which we can work on in the background to resolve for you.

Good luck selling! If you would like to speak to a member of the Biscoes Residential Property team, please contact us on 01983 533938.