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Selling
Your steps to
a successful sale
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So
you're thinking of selling your home?
ere we will help you look through the most important points to
consider and prepare you for what to expect. The expense of moving
must be high on your list of priorities and justifiably so....
Firstly
the costs
You can anticipate being liable
for at least some or all of the following expenses:
Estate Agents' commission: This will vary agent by agent and
by the agreed terms of their service for you. Ordinarily
expect to pay them between 1.5% and 3% of the sale price of your
property. Most agents will not expect any payment if they do not
introduce you to your prospective buyer, despite the marketing they may
have done. Payment to them is liable at exchange of contracts,
but normally invoiced and due at completion.
Solicitor's charges: Establish their charges before
instructing them and expect to pay them upon completion of the sale as
with the agent's fees above.
Private advertising or marketing: If you undertake any marketing of
the property yourself you must expect to pay the ongoing costs as they
arise.
Capital Gains: If you are selling a second, or an investment
property normally this will be subject to capital gains
taxation. An
accountant will be able to clarify this for you.
Removals: Inevitably there will be further costs associated with
your sale depending upon your circumstances. Professional removal
companies will make scaled charges to suit your needs, so make some
initial enquiries to gauge their costs.
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