If you’re considering selling your property, start by understanding your motivation. Moving home is a big step and can be disruptive, so it’s important to be confident in your decision from the outset.
Talking things through with family and friends, or even making a simple list of pros and cons, can help you gain clarity.
Once you’re sure a move is right for you, there are a few key steps you can take to make the process as smooth as possible.
There are online tools that you can use to give you an approximate idea of the value of your home. Of course, it won’t be as accurate as one of our expert valuations, but it’s a decent starting point.
The technology collects property data to give you an estimate. But it can’t take into consideration your actual property, timescales, marketing strategy, or market forces.
Independent mortgage advisers are the first port of call.
With the help of your independent mortgage adviser, you can estimate the amount of money you will have at the end of the property sale. They can also advise on your options if you’re looking to buy a new property.
If you’re buying another property, you may hear the term ‘port (or porting) your mortgage’. This sounds like you’re taking your current one with you. In fact, you’ll be paying off one mortgage and taking out a new one. There may be early repayment charges on your original mortgage to be aware of.
How long will it take to sell my property?
How much will I pay my estate agent?
What paperwork do I need?
What is a property chain?
Do I need to be present for viewings?
What happens once I accept an offer?
Can I accept more than one offer?
When do I need to move out?
