What is the cost of selling my property?
There are 3 elements that go to make up the cost of selling a home in the UK.
- There is the cost of the EPC or Energy Performance Certificate. You must have at least commissioned an EPC prior to the marketing of your home and Jonathan Waters can organise this for you.
- Your estate agent's commission fee. This is charged at a % of the sale price + vat at the prevailing rate.
- The legal fees for the conveyancing work. These fees will vary from firm to firm and are paid directly to the solicitor.
For more information on the cost to sell your home, please contact us for a free market appraisal.
Will there be any additional marketing costs?
At Jonathan Waters all of the standard marketing expenses such as preparing property particulars and listing your home on property portals are included within our commission fee. This is unlike many other estate agemnt who are now charging up front marketing fees which are payable whether the house is sold or not. With Jonathan Waters Estate Agents the only upfront charge is for the Energy Performance Certificate (EPC) which costs approximately £75 including VAT. If you complete successfully through Jonathan Waters, they will refund that £75 fee on completion.
Where can I find my title deeds?
The title deeds to a property are the proof of ownership. If your property is mortgaged the title deeds will be held at the bank or building society that you have arranged your mortgage with. If you do not have a mortgage on your property, your deeds should be lodged with your solicitor.
Is it worth redecorating prior to selling my home?
If there is an area of your home that you feel could do with a fresh coat of paint to make it that bit more appealing to buyers we would say go ahead. This may increase the speed at which you sell your Ipswich property. It is not essential however since many buyers will want to redecorate with their own colour schemes. If you do redecorate, we recommend choosing neutral colours that will appeal to the widest number of people.
Will Jonathan Waters estate agents accompany all the viewings on my home?
If you give us a key, we will gladly accompany viewings whilst you are out at work during the working week or on saturdays where at all possible.It may be however that some buyers can’t view your property during our office hours, in which case we may call upon you to show them around during an evening or occasionally at the weekend.
Do I have to be there when you are showing someone around?
No, and in many cases it is preferable that you are not, simply because the viewer feels more comfortable when the owner is not around. Also when there are fewer people in the house it makes your home look bigger.
If I accept an offer for my house, do I have to take it off the market?
This is the usual practise and is often a condition of the offer. It will however depend upon your preference.
Do I have to pay stamp duty?
You only have to pay stamp duty on the house you are buying, not the one you are selling and even then it is only if you are purchasing a property of £125000.00 or more.
When do I have to move out?
You are legally obliged to vacate the property on the day of completion which is agreed between your solicitors and the solicitors acting on behalf of the buyer.
Will I be liable to pay Capital Gains Tax?
If the home you are selling is your main home there will be no Capitol Gains Tax to pay as long as you satisfy certain legal conditions. If it is not your principal residence however, then it is quite likely that Capitol Gains Tax will be payable.
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