We recommend agreeing a sale on your property before finding a new one. Firstly, you can budget accordingly once you know what levels of interest there has been and what price someone is willing to pay for your home. Secondly, if you do find the perfect property, you want to be in a position to proceed. You could lose out on your dream home if someone who is in a position to proceed offers at the same time.
We do recommend having a for sale board although it is your choice. It firstly helps viewers identify which property they are coming to see which in months where it becomes dark early is especially useful. The main reason is, a board often attracts interest from local people who may be looking to buy in the area. We highly recommend displaying a for sale board.
We believe that less is more. Try and declutter your property and make a head start by packing away personal items. Making the home neutral can help potential buyers envisage themselves in your property easier.
We recommend instructing a solicitor upon your house launching to the market. You can save 2-3 weeks off the legal process by having a solicitor instructed by giving them a headstart to complete initial checks and completing the Property Information Form and Fixtures and Fittings Form. Your agent can help recommend a suitable solicitor that we have tried and tested ourselves.
Legally, to sell or let a property you need an energy performance certificate. This tells potential buyers how energy efficient your property is and what improvements can be made to boost its efficiency. Your agent can instruct one for you and they are valid for 10 years. If you have made improvements to the property since your last assessment, we recommend a new report as your result is likely to be enhance which in turn will make your property more appealing.
You have 3 ways you could repay your mortgage. Capital and Interest repayment, this is where each month you pay some of your mortgage balance and the interest and by the end of your mortgage term the mortgage will be repaid in full, Interest only, this is where you only repay the interest each month, at the end of the mortgage term you will still owe the amount you borrowed. Or Part and Part, this is a combination of the above where there still would be an element of the mortgage balance outstanding. For any interest only or part and part mortgage you would normally need an acceptable repayment strategy in place.
