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The Cost of Selling A House

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Thu 08 Aug 2019

The Cost of Selling A House

While most people are aware of the costs associated with buying a home, the fees associated with selling a house are not as commonly regarded. Selling your home can be expensive. There is a need to call on professionals in the process, which costs money.

These payments also often have a deadline, on or before the sale concludes. The deadlines place many vendors under added pressure, and it is vital you are aware of how much and when you need to pay the associated costs of selling your home.

Placing your home on the market is a stressful activity. If you want to minimise the stress you feel, ensuring you are informed about the process will help.

Work out your budget before committing to the sales process

If you are keen to draft up a list of necessary costs when selling a home, the following items must be considered.

1.      EPC

2.      Survey fees

3.      Estate agent fees

4.      Conveyancing fees

5.      Removal costs

6.      Stamp Duty

Depending on your circumstances, you may also need to consider mortgage valuation fee and mortgage broker fees. There is a lot to consider when you sell your home, and it can be easy to overlook some issues and fees.

Of course, no two homes are the same, so it is impossible to present you with exact figures in an article like this. However, having sold many homes in the local area, we have an understanding of the challenges you will face. If you would like to arrange an appointment with us, we can help you obtain quotes for necessary services from trusted firms in the local area.

There is a lot of variables in these fees, so it is possible to minimise your outlay. If you already have a valid EPC in place, you don’t need to pay for a new one.

Depending on the amount of belongings you move from your former home to your new home, you may not have to spend a lot of money on removal services. You may be fortunate enough to have friends and family members who will assist you with the process.

Not all estate agents are the same

When you look at the money you need to spend on selling your home, remember a low-cost doesn’t always represent value for money. There are low-cost estate agents to choose from, but many of these professionals fail to provide you with all the services you need. Also, many estate agents don’t offer a high standard of customer service.

At Coakley & Theaker, we know how challenging a process selling your home is. We know you want a high standard of service to help you effectively conclude the deal, but you also need friendly guidance. Advice from professionals who sell houses for a living can be comforting on days when it seems the process is becoming overwhelming.

We aim to offer value for money alongside a high standard of service, which is why so many people in Bury St Edmunds and the surrounding areas rely on us when selling their home.

If you plan on selling your home, you must get an accurate valuation on your home. At Coakley & Theaker, we are pleased to offer valuation services. You can get an instant valuation for your property, or you can arrange an appointment for a more detailed assessment. When you want to get value for money without compromising on quality when selling your home, we are here to help.