What are the costs of selling a home?

What are the costs of selling a home?  

For those who have little experience in selling a house, learning about the additional costs that are often associated with the process can turn the situation into a cost-prohibitive nightmare. But what are the costs of selling a home?

What costs are involved with selling a home? ­­­­­

There are three main costs that most vendors will find themselves being responsible for before a sale can take place.

Of course, depending on the circumstances there are likely to be other charges that are entirely dependent upon your situation but nearly all sellers will find themselves enlisting the services of the following:

An estate agent will be the first port of call for many sellers, acting as a hub of information in an effort to guide you through the house-selling process2. While estate agents tend not to be thought of very highly by many – due to the publicity surrounding the immoral behaviour of a small percentage of agents who try to make a quick buck – the majority of agents are trustworthy individuals who specialise in helping venders sell their home fast in their chosen area3.

While there are numerous national agencies who offer ‘region-specific’ representatives who are marketed as experts, it can often be very hard to prove the credentials of these individuals- whereas most local independent agents have managed to stay in business over the years due to a strong reputation and repeated recommendations within the local community2.

Estate agents are used by over 95% of sellers2 and are – more often than not – paid by the seller as a percentage of the selling fee, usually between 0.75% and 2.5% (plus VAT), but usually around 1.5% (plus VAT) 1. So, for a £150,000 house, the fee would be £2,250.

This system works well for agents and sellers alike as the less valuable a house is, the cheaper the estate agent fee. This approach is made all the more intriguing thanks to the prevalence of agents today who will only charge a vender if an actual sale is achieved1.

Of course, no buyer in their right mind would consider buying a house unless they had access to the full legal details of the house. This is why buyers will always find themselves contacting a solicitor or conveyancer, who are able to carry out searches for legal documentation that will help them to buy with confidence4.

As a seller, however, you will also need to pay legal fees to a legal representative to make sure that there the sale is carried out in the correct manner5. Conveyancing, however, is an extremely competitive sector and there have, in recent years, been a rising number of complaints from consumers regarding both the level of honesty and quality of service provided by less reputable firms1.

An independent property expert is likely to advise you to contact an independent solicitor or conveyancer directly, not to solely rely on the advice of a lender or estate agents5. While it is a grey area from a legal perspective, there are many examples of companies providing kickbacks to one another in an effort to corner the market6.

Once hired, a solicitor or conveyancer will guide you through the following documentation once you have accepted an offer on your home:

  • The TA6 form that will detail all an information that could affect the value of the property in the future including contact details, boundaries, disputes, complaints, proposed developments and existing utility access7.
  • The preparation of information related to the status of the title-deed – i.e. whether it is freehold or leasehold. If your home is leasehold, however, be prepared to pay a higher fee due to the extra administrative work. This information is included in either a TA7 or TA9 form7.
  • The TA10 form will detail what is and what isn’t included in a sale. This can include fixed appliances such as ovens and fridges7.
  • The TA13 form details everything related to the finalisation of the transaction including a declaration that the buyer will not inherit any claims for liability, and when the contracts will be signed, and the keys handed over7.

As mentioned earlier, it is often a good idea to hire and pay for independent conveyancer fees for this service, likely to be in the region of £500£1000 (inclusive of VAT) 1.

One of the most important figures to identify while attempting to sell a house is the most suitable asking price. While many estate agents will be able to provide you a ballpark estimate, this figure can be heavily affected by features that may only be obvious to a chartered surveyor.

Ignoring the advice of a surveyor and prioritising your estate agent’s estimate is never a good idea as estate agents may overstate the value of your home in order to gain your business, making your home harder to sell and costing your more in the long run.

A chartered surveyor uses various methods of arrive upon an asking price that is reasonable given the current market conditions. It is somewhat unsurprising therefore that there are occasions when a seller is upset that their home has not increased in value as they expected8.

The methods employed by a surveyor will include, but are not limited to:

  • Evaluating nearby sold house prices by comparing the house with similar properties in the same area that have recently sold9.
  • A structural report that will relay any information that could affect the value of the home. These can include the presence of dampness, structural movement and subsidence, as well as the condition of the roof and its supporting structure9.
  • The study of maintenance and upkeep that has been invested in the property9.
  • The value of, and quality of an extension9.

It is also important to state that a surveyor is not responsible for unidentified faults that are inaccessible. A quality surveyor of experience, however, is likely to mention possible issues that could be present based on the other information they have gathered.

Luckily for a seller, the cost of a valuation is much less than the costs of a Homebuyers Report – which is likely to be commissioned by a potential buyer1.

While certain independent surveyors will provide a fixed fee valuation, most jobs will be quoted for based on the value of the property – so expect to pay anything between £150 for a smaller home, up to £1,500 for a larger equivalent1.

Who pays stamp duty when selling a house?

Thankfully, stamp duty is not a cost that is attributed to the seller. Stamp duty is effectively a tax on the preparation of documents related to a house sale and is only relevant for a buyer who is buying a house worth more that £125,00010.

Is there any tax to pay when selling a home?

The necessity of a tax payment is entirely down to the situation of the individual who is selling.

The only tax that may need paying – other than VAT for employed services – is Capital Gains tax, and is a tax imposed on the rise in value of your house during your time of ownership11. This tax is not payable if the following applies to you:

  • The house being sold is the only home you own, and it has been your main residence since your purchased it11.
  • It has not been split and let out (this does not include a lodger, or roommate) 11.
  • It has not been used solely as business premises11.
  • The entire grounds (including all buildings) are less than 5,000m2 in area11.
  • It was bought solely to be flipped for financial gains in the short-term and not a residence11.

If these conditions do not apply to you, then you can enjoy Private Residence Relief and there is no charge11.

What are the other costs involved with selling a home?

Rather annoyingly – as many with experience of selling will be aware – there can be smaller costs that the seller is liable for, and these can often add up:

Energy Performance Certificate fees

An Energy Performance Certificate is a small survey that focuses on the environmental impact of your home. Brought into law on 1st August 200712, an EPC is carried out by an individual known as a Domestic Energy Assessor who uses software to give a house a score out of 100 based on its construction type, heating systems, loft and wall insulation, secondary heating appliances and glazing standards12.

When these certificates were introduced, a survey was likely to cost in the region of £120 (plus VAT), but as many estate agents have an individual on staff with the qualifications to perform the survey, the cost can often be as low as £30 to £40, and a generous agent will likely waive the fee. It is also worth noting that if an EPC has been performed in the preceding ten years, and there have been no structural changes that would affect its environmental impact for better or worse, then an EPC is not required12.

Removal fees

A seller can often be forgiven for forgetting to include the cost of removals into the house-selling equation as the focus required to obtain a sale makes the need to physically move your belongings a distant second priority.

Luckily, removal companies are a dime a dozen and tend to be experts at moving large items at high speeds with no damage. While you may occasionally hear about an individual hiring a van for the day and employing a few friends to help them out – for the sake of avoiding stress, most people will hire specialists.

Of course, the cost associated with removals varies on the amount of time needed to shift all your possessions. If you travel light, you will find yourself paying a little as £250, but if you plan on bringing your extensive collection of 1800s oak furniture., however, you could find yourself paying as much as £4,000 to £5,0001 – or sometimes even more.

Mortgage fees

If you have an existing mortgage, the chances are high that your lender will hope to keep your custom by allowing you to switch your mortgage to your new house with minimal stress. If you have found a more competitive quote for a mortgage from another lender on your new house, on the other hand, you will most likely find yourselves having to pay your original lender a mortgage exit fee13. This charge can often be contested but is predominantly in the region of £50£3001 depending on the small print in your original mortgage contract.

General cleaning fees

You didn’t think someone would buy your house without a little tidy-up, did you? As with so many purchases, the first taste is in the eye, and a messy home can often deter even the most enthusiastic buyer.

Yes, you can hire a team of cleaners for the day – and no-one will judge you if you do – but if you’re willing to put in a little elbow-grease, this is one part of a house sale that you can save money on.

So, how much does it really cost to sell a house in the UK?

Ultimately, the process of a house sale can be more expensive than many of us are led to believe. It is for this reason that so many sellers are so stubborn to listen to an agent advise them to lower their asking price – every penny counts.

There are, of course, many ways to avoid these costs – such as selling a house directly yourself instead of enlisting the services of an agent, or even carrying out removals and cleaning services themselves. But for the sake of ease, many vendors will pay for these services merely to avoid the accompanying stress – and the stress of needing to sell, especially when time is of the essence can often be too much to bear.

If you do need to sell your home in a short time frame, however, it is important to know the alternative ways available to you, and one of the fastest growing options for those who do not have the time to engage in the traditional house selling process is via the use of house buying companies such as National Homebuyers.

House-buying companies do not need to rely on lenders like an average buyer, and use their capital to purchase your home for cash directly, with many transactions completed within two weeks from the first point of contact, meaning that there is no waiting around for viewings, no charges for valuations or estate agents, and more importantly – a fast house sale.

House-buying companies are also a great option for those who simply can not sell their home due to construction or location-based issues, helping those who have struggled to find a buyer in the past.

Would you prefer to avoid the costs associated with selling a home? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property before it’s too late.

Sources:

1 Brazg, G. (2018). Complete Guide: The Cost of Selling a House. Available: https://www.theadvisory.co.uk/house-selling/cost-of-selling-a-house/. Last accessed 10th Nov 2019.

2 Woollsey, N. (2018). How to choose an estate agent. Available: https://moneyfacts.co.uk/mortgages/guides/how-to-choose-an-estate-agent/. Last accessed 10th Nov 2019.

3 Cheek, N. (2011). Are estate agents really that bad? Available: https://conversation.which.co.uk/money/estate-agents-bad-trust/. Last accessed 10th Nov 2019.

4 What Mortgage. (2018). Top five tips for choosing your conveyancer. Available: https://www.whatmortgage.co.uk/feature/top-five-tips-choosing-conveyancer/. Last accessed 10th Nov 2019.

5 Anon. (2015). Conveyancing process explained for sellers. Available: https://hoa.org.uk/advice/guides-for-homeowners/i-am-selling/conveyancing-made-simple-for-sellers/. Last accessed 10th Nov 2019.

6 Kirkman, W. (2018). Is your property lawyer getting a kickback? New rules force conveyancers to disclose referral fees. Available: https://www.thisismoney.co.uk/money/mortgageshome/article-6218909/Solicitors-referred-estate-agents-arent-telling-clients-paid-recommended.html. Last accessed 10th Nov 2019.

7 Cheung, C. (2019). Conveyancing. Available: https://www.which.co.uk/money/mortgages-and-property/first-time-buyers/buying-a-home/conveyancing-ag3rw2q052kz. Last accessed 10th Nov 2019.

8 RICS. (2019). The myth of ‘down valuation’ – does it truly exist?. Available: https://www.ricsfirms.com/glossary/the-myth-of-down-valuation-does-it-truly-exist/. Last accessed 10th Nov 2019.

9 McNulty, F. (2018). Legal Q&A: How does a surveyor value a property? Available: https://www.homesandproperty.co.uk/property-news/legal-qa/how-does-a-surveyor-value-a-property-a122566.html. Last accessed 10th Nov 2019.

10 Admin. (2019). Stamp Duty: The basics. Available: https://www.postoffice.co.uk/mortgages/stamp-duty. Last accessed 10th Nov 2019.

11 Government. (2019). Private Residence Relief – Capital Gains Tax when you sell your home. Available: https://www.gov.uk/tax-sell-home. Last accessed 10th Nov 2019.

12 Government. (2019). Buying or selling your home – Energy Performance Certificates. Available: https://www.gov.uk/buy-sell-your-home/energy-performance-certificates. Last accessed 10th Nov 2019

13 Maundrell, H. (2018). Can you reclaim your mortgage exit fees? Available: https://www.money.co.uk/guides/can-you-reclaim-your-mortgage-exit-fees.htm. Last accessed 10th Nov 2019.

How To Sell A House In A Slow Market

How To Sell A House In A Slow Market

Selling a house often involves bowing to the power of the influences that affect the property market. There are, however, certain things that you can do to learn how to sell a house in a slow market.

How does a slow market affect house sales?

The housing market is a strange entity. It can be affected by multiple factors for both better or worse and the results can often be dramatic – this is largely because the health of the housing market and sold house prices are forever at the mercy of consumer confidence.

A slow market, by definition, does not necessarily mean that the economy is in the throes of a recession. While a recession is defined as two consecutive quarters of negative growth¹, the property market will often fluctuate month to month as a result of legislation being changed, interest rate changes and even the weather – and as the property market is buoyed by consumer confidence2, any fears experienced en masse by the prospective house buyers or sellers in the UK can easily cause a slowdown in the housing market.

For example, potential sellers are more likely to hold on to their homes if they read reports about the market beginning to stagnate, as this can have a devastating effect on the size of the purchase offers they receive. Moreover, if they fail to sell within a reasonable timeframe, once the market recovers, they may be forced to drop their asking price in order to counter the suspicions held by potential buyers that it hasn’t sold because it has underlying issues3.

Potential buyers are also less likely to be searching for a new home if they read that the market is stagnating as they know the selection will be poorer. However, there will be certain savvy buyers who will use a slower market to their advantage by providing sellers with low-ball offers, hoping that some of them will be desperate enough to sell4 – although this practice is becoming less common.

How does a slow property market affect the economy?

Of course, when the market is moving slower than it should, there are often wider consequences for the country’s economy as a whole:

  • Businesses such as estate agents that depend on the positive buoyancy of the market can find themselves in a worrying financial position leading to branch closures5 and limiting the competition outside of big cities.
  • The Bank of England can be forced to change interest rates, limiting the cost to consumers of the charges that banks pass on when they borrow from one another6, the consequences of which mean that…
  • Banks may become unwilling to lend during these times of crisis7, hindering the economic flow of money.
  • Depending on the length of time that the market is considered weak, house price growth can fall8.

As two thirds of all properties are owned (or mortgaged), and only one third are rented it is fair to say that a large amount of personal wealth is tied up in property ownership, and if homeowner’s assets fall in value, they are less likely to be spending their expendable income on other items and experiences such as meals out, concerts and various luxuries, causing a slowdown in hospitality and other manufacturing industry sectors2.

What steps can I take to sell my house in a slow market?

If you’re already trying to sell your home fast in difficult market conditions, it is important to establish whether or not the failure to sell is a result of the slow market itself – or whether there are other factors at play. This means bearing the following in mind:

  • Be realistic with pricing – valuing a house is never based on guess work, but rather comparables from the same area while also taking into account any unique structural changes or décor. While people may believe that they have had work done on their home that adds value, the additions they have made may not be of interest to potential buyers, and a house is only worth what a buyer is willing to pay9.
  • Choose the right agent – choosing an agent to help you sell your home is one of the most important steps in the traditional house-buying process. Many sellers find themselves being swayed by the competitive prices of agencies who cover the entire country10, realising too late that they would have had more luck with a local agent with more experience selling in their area9.
  • Keep your home at showroom quality – while it can be a pain cleaning and tidying up as you go, keeping your home at showroom quality allows you to be ready for a viewing, no matter when the call comes. A clean and tidy house will also fetch a better price than a home that isn’t cared for9.
  • Take great pictures – if you know that you will be selling your home in the near future, make sure that you are pro-active and take some photos of your home on a bright summers day with clean windows and a nicely presented yard or garden. If you need to sell your house in a slow market and it’s the middle of winter, your home won’t seem as inviting if buyers can’t see it’s potential.
  • Be personable during viewings – when prospective buyers attend a viewing, it is only fair that they are given the space to voice both their objective and subjective opinions – and as the owner, you may not always like what you hear so it’s important to give them space to look around without interference. Make them feel welcome upon arrival, and when they do ask questions, respond politely and informatively11. In a similar fasahion to buying a car, if a seller comes across as polite, calm and intelligent, this gives you confidence that the car has been well maintained and cared for, and you are more likely to pull the trigger on a purchase – and the same is true for housing.

I Need to Sell My House Fast, What Are My Options?

There are some situations where regardless of the effort you invest, your house still refuses to sell via the traditional methods. So, what are your options if you need to sell your home fast during a slow market?

Auction Houses are another popular way of presenting your home to prospective sellers. Similar to estate agents, auctioneers will take a percentage of the profit – often between 2-3% – so it is in their best interests to sell for as higher price as possible.

However, due to the amount of work necessary for an auction house to market your home before the auction itself, even if your house fails to sell you will still be liable for their costs – often in the range of £1,200-£1,50012. However, there are many auctioneers across the country, allowing you to find a local business that knows your area well.

It is worth mentioning that auction houses are usually frequented by investors, looking to pick up a bargain for renovation purposes12, as well as buyers looking for homes that are non-standard and a bit quirky. For these reasons, standard homes can sell for as little as 40% of their full market value.

Online property portals such as Purplebricks or YOPA are able to sell your house via their websites at a fixed fee, as opposed to a percentage-based fee that an estate agent would normally require. However, as with many great offers, there are strings attached.

Many online estate agents require you to use their own services for valuations – and these services often require additional fees. There have also been numerous complaints upheld by the advertising watchdog in regard to unclear advertising. An example of this is when the fixed fee itself is payable whether or not your house manages to sell, and Purplebricks’ 2016 claim to save a seller an average of £4,158 in fees versus standard estate agents was heavily critiqued because the claim was based on commission figures that had been published five years previously13.

While there are trustworthy companies out there who are willing to help you sell your house, it’s important to remember that sometimes, the client is also the customer, and they always intend to make a profit. So make sure you read the small print before signing on the dotted line.

Thankfully, there is another way to sell your home without having to deal with additional commission fees, and this is through the use of house buying companies.

Companies such as National Homebuyers are capable of selling your home in as little as two weeks from the first point of contact – which is great for those who need to move house due to a sudden change in personal circumstances. National Homebuyers will buy any house for cash, regardless of condition or location, and always for a competitive price – even offering the seller additional financial support to cover any legal fees associated with the sale.

With an ever-increasing number of satisfied customers, why not make an enquiry and see how easy the house selling process can be?

Are you worried that the condition of the housing market could be affecting the sale of your home? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property before it’s too late.

Sources:

¹ BBC (Anon) (2008) Q&A: What is a recession? Available: http://news.bbc.co.uk/1/hi/business/7495340.stm. Last accessed 28th Oct. 2019.

2 Anon. (2018). How does the housing market affect the economy?. Available: https://www.bankofengland.co.uk/knowledgebank/how-does-the-housing-market-affect-the-economy. Last accessed 28th Oct 2019.

3 Anon. (2017). Making an offer – and haggling over the price. Available: https://hoa.org.uk/advice/guides-for-homeowners/i-am-buying/making-an-offer-and-haggling-over-the-price/. Last accessed 28th Oct 2019.

4 Smith, K A. (2018). Should fear of the next recession keep you from buying a home?. Available: https://www.bankrate.com/mortgages/buying-a-home-before-recession/. Last accessed 28th Oct 2019.

5 Kollewe, J. (2019). UK estate agents at their gloomiest for 10 years, says Rics. Available: https://www.theguardian.com/business/2019/feb/14/uk-estate-agents-house-prices-are-at-their-gloomiest-for-10-years-says-rics. Last accessed 28th Oct 2019.

6 Anon. (2018). Interest rates and Bank Rate. Available: https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate. Last accessed 28th Oct 2019.

7 Richards, K. (2019). The Financial Crisis – Changes to Lending Policies. Available: https://www.cashfloat.co.uk/blog/money-borrowing/crisis-changes-lending-policy/. Last accessed 28th Oct 2019.

8 Canocchi, C. (2019). House prices grind to a halt as Brexit chill extends beyond London and the South East to slow property markets across the UK. Available: https://www.thisismoney.co.uk/money/mortgageshome/article-7524071/Nationwide-House-prices-grind-halt-Brexit-chill-extends.html. Last accessed 28th Oct 2019.

9 Thomas, H. (2018). How to get your home sold in a slow property market: From painting the front door, to how to price it right… tips to make your move happen. Available: https://www.thisismoney.co.uk/money/mortgageshome/article-5542545/Selling-house-paint-door.html. Last accessed 28th Oct 2019.

10 Dare-Hall, Z. (2019). Looking to move but can’t sell your home? How to make a deal in this slow market . Available: https://www.telegraph.co.uk/property/uk/tweak-asking-price-offer-sweetener-sell-home-slow-market/. Last accessed 28th Oct 2019.

11 Bennett, G. (2019). How to sell your home in a slow market. Available: https://www.thetimes.co.uk/article/how-to-sell-your-home-in-a-slow-market-t9839wn93. Last accessed 28th Oct 2019.

12 Cheung, C. (2019). Property auctions. Available: https://www.which.co.uk/money/mortgages-and-property/first-time-buyers/buying-a-home/property-auctions-athvb3j7lmd4#headline_8. Last accessed 28th Oct 2019.

13 Dean, S. (2017). Purplebricks apologises for repeating banned claims after share price falls 7pc. Available: https://www.telegraph.co.uk/business/2017/08/03/purplebricks-apologises-repeating-banned-claims-share-price/. Last accessed 28th Oct 2019.

When is the best time to sell a house?

When is the best time to sell a house?

Selling a home has long been known to be one of the most stressful experiences you can go through. However, with a little bit of research, it is possible to increase the saleability of your home and make life a little easier.

What time of year do homes sell quickly?

If you’re deciding whether to sell your home and would like to know the best time to sell, a quick chat with anyone who works in the property industry will reveal that there two periods each year that are considered the best time to sell. But why is this?

Those who are lucky enough to live in countries with a warm climate and dependably long days often don’t realise how good they have it. In the UK, the colder weather and varying hours of sunlight are a huge hurdle for those who are trying to present their home in the best way possible1.

Similar to attempting a sale at an exhibition, your house is a product as well as an asset, and to engage a consumer – or in this case, a potential buyer – it’s always important to get the lighting right and portray your home as a product worth buying. The problem is that British winters appear to go out of their way to shroud your home in darkness 18 hours a day – making any effort you invested in increasing its aesthetic power feel like wasted time1.

With longer hours, the number of viewings you are able to fit into a single day increases, and the more willing potential buyers will be to attend them2.

As a result, many within the industry prefer to choose their optimal selling times based on the season.

Is there an optimum season for selling?

Spring is widely considered to be the best time to sell a house. This is thanks to the mental boost many people experience as they head out of the colder months and towards the warm embrace of summer. This seasonal shift has, in the past, been known to act as a catalyst for buyers and sellers alike to spring into action – and the resulting increase in sales, and increase in house prices across the UK reflects this3.

While it is entirely possible to sell a home in winter, if you need to sell your home fast, you may be in for a disappointing result – this is not to say that you can’t sell your home fast but you may be forced to accept an offer below that which you expected4.

Many people – wrongly – believe that summer can be a great time to sell their home, which is understandable given the extra hours of daylight. However, summers are often an inconvenient time for buyers to look for a home thanks to the likely increase of spending on holidays and outdoor activities – and if they have children, dealing with a house move during a school holiday can often be too much stress to bear5.

While autumn is the best ‘runner-up’ with regard to seasonal selling, it still pales in comparison to spring in terms of the number of active potential buyers5.

Is there a best month to sell a house?

The worst month to sell a home is undoubtedly December due to the added complications that arrive with the festive period1. With shorter, darker days combined with school holidays and the extra expenditure on meals and presents – few buyers will be considering a purchase until the new year is in full swing6.

Obviously, you can place your house on the market during December but by time February rolls round, many potential buyers will find themselves asking why your home has been on the market for two months without a sale.

In a buyer’s mind, if a house has been on the market without a sale – then it’s not worth taking a chance on unless the sold house price is substantially lower than it was originally4.

The best months to sell a house, however, arrive as winter draws its last breath – and with so many things in life, it appears to be the early bird who catches the worm6.

Winter comes to an end towards the latter half of March, so those who make sure that their house is listed with an agent and displayed on a property portal such as RightMove are likely to enjoy higher levels of success than those who bide their time5.

In fact, there are industry professionals who believe that you should begin to advertise your home as early as late February, although the general consensus for the best month to sell your home is either March or April.

At this time of year, children are in school, the clocks have just gone forward and buyers are preparing to hit the market hard. And thanks to the number of properties available to them, purchases tend to happen faster than you might think, which is why it is vitally important to make sure your own home is listed.

In June there can often be a dip in market activity once the first wave of completed sales has occurred, rebounding somewhat for a brief period in July.

Of course, market conditions can fluctuate from year to year – but traditions do not – so if you want to have the greatest volume of potential buyers attending viewings, go with the crowd and stick to March or April.

Is there a best day to sell a house?

Interestingly, yes there is.

While a single day from any given month can not be pin-pointed as being ‘the best day to sell a house’, there is a lot of evidence to suggest that the day of the week you choose to put your house on the market can make a huge difference to the time it takes to sell.

In 2017, Which? Money analysed 12 months of data from the Land Registry and found that houses placed on the market at the beginning of the week were selling up to a month faster than those placed on the market at the weekend7.

In fact, properties that were listed on a Monday sold after an average of 176 days – whereas homes that were listed on a Sunday took an average of 213 days7. But why is this?

Many people try to make the most of their weekends, and therefore tend not to spend as much time in front of their phone, tablet or computer browsing properties as they would during the week1. This means that if you publish a listing over the weekend, once the masses start searching for properties after work on a Monday, your home is likely to become buried beneath the newer listings from if a user decides to sort by new.

But why is it important to sell your house fast?

In essence, the longer your house stays on the market, the less saleable it is, and the more likely you are to have to reduce your asking price in order to compete with the fresher listings that have appeared8.

When is the best time to sell your house?

Of course, while biding your time for the perfect moment to sell is great if you aren’t in a rush – life can often throw you a curveball, forcing you to sell as soon as possible.

In these situations, many individuals have found themselves benefiting from the services of house buying companies such as National Homebuyers.

National Homebuyers specialises in expediting the house buying process in order to help those who are unable to wait for a sale through the traditional house selling process.

The benefits of using a house buying company is that you will always receive a non-obligatory offer, regardless of location, situation or structural condition – helping you to bypass the established delays associated with valuations and Homebuyers Reports, allowing you to move on with your life9.

Selling a home is never an easy task to undertake, but it is important to remember that there is an immense amount of luck involved in marketing your house. It often depends on your property’s visibility in the marketplace via your agent and accompanying internet portals such as Rightmove, as well as being lucky enough to have the appropriate users in the market for a home such as yours at any one time.

If, however, you are not compelled to sell as a matter or urgency, following the advice in this blog should give you the best chance to sell in as shorter time frame as possible.

Need to sell right away? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property before it’s too late.

Sources:

1 Brazg, G. (2016). When Is The Best Time To Sell Your House?. Available: https://www.theadvisory.co.uk/house-selling/best-time-to-sell-house/. Last accessed 11th Oct 2019.

2 Butterworth, M. (2016). What is the best time of year to sell your home?. Available: https://www.dailymail.co.uk/property/article-3628998/When-best-time-sell-home.html. Last accessed 11th Oct 2019.

3 Clark, Ele. (2019). What will Brexit mean for house prices?. Available: https://www.which.co.uk/news/2019/10/what-will-brexit-mean-for-house-prices/. Last accessed 11th Oct 2019.

4 Osborne, H. (2012). Would a reduced house price deter you from buying?. Available: https://www.theguardian.com/money/2012/mar/14/reduced-house-price-deter-buying. Last accessed 11th Oct 2019.

5 Anon. (2016). When is the best time to sell my home? . Available: https://hoa.org.uk/advice/guides-for-homeowners/i-am-selling/when-is-the-best-time-to-sell-my-house/. Last accessed 11th Oct 2019.

6 Chandler, D. (2018). What’s the best time of year to sell a home?. Available: https://themortgagereports.com/44135/whats-the-best-time-of-year-to-sell-a-home. Last accessed 11th Oct 2019.

7 Calver, T. (2017). The best day of the week to put your house on the market. Available: https://www.which.co.uk/news/2017/03/the-best-day-of-the-week-to-put-your-house-on-the-market/. Last accessed 11th Oct 2019.

8 Fahy, L. (2019). 5 Reasons Your House Is Not Selling & What To Do About It. Available: https://moneytothemasses.com/owning-a-home/buying-or-selling-a-home/5-reasons-reasons-your-house-is-not-selling-what-to-do-about-it. Last accessed 11th Oct 2019.

9 Brazg, G. (2016). I Need to Sell My House Fast, What Are My Options?. Available: https://www.theadvisory.co.uk/sell-house-fast/. Last accessed 11th Oct 2019.

How to sell your house in winter?

While many property professionals prefer to advise their customers not to aim for a winter house sale, many vendors find that it is unavoidable for a variety of reasons. Luckily, the chances of selling a house in winter aren’t low as many people believe.

When is the best time of year to sell a house?

There are many people who like to pass on their opinion of the best time of year to sell a house based on their prior experience. Fortunately, we don’t have to rely on the subjective approach to the matter thanks to the vast amounts of data available from estate agents, lenders, banks and conveyancers.

Without a doubt, if you can afford to wait until it comes around, then March is always the best time of year to sell a house1.

Why? During March, the hours are beginning to get longer, allowing for more viewings and more natural light to help your home looks its best. Furthermore, with the onset of spring people are generally more jovial and if they wish to buy, they prefer to do it before summer arrives.

There are certain individuals who believe that selling a home in January is a great idea as it is the start of a new year and the Christmas holiday celebrations have been and gone. However, while certain types of valued property can sell early in the year such as one or two bedroomed flats or houses2 – often due to young people having ‘enjoyed’ one Xmas too many in the family home – but more often than not, you will have lower levels of success than in March.

Generally, you want to sell your home when the majority of buyers are looking, and they won’t be doing so when they’re busy – that means school and Christmas holidays are out. Buyers are also more likely to consider purchasing if they can attend a viewing in the evening after work while there is still daylight outside.

This is why many professionals will push their clients to sell at the beginning of spring, and if not aim for early autumn once the schools re-open3.

Why selling a house in the winter is smart

  • The benefits of selling your home winter always start with the obvious answer – there is a huge lack of competition amongst sellers4. Many of those who aren’t in a rush will be hanging around for the March sales-window, without realising that the increased competition will always leave the sold property prices in favour of buyers.
  • People will always need to buy a home, regardless of time of year. If an individual decides to permanently move to a new house as part of a career choice, they may believe that there’s a good deal to be made during the market’s quieter seasons.
  • Solicitors, conveyancers and agents tend to be busier during the warmer seasons, as do those intending to sell. This often leads to house moves getting delayed due to lengthy chains. In winter, this is generally much less of a problem.
  • With colder weather, people are more likely to spend time at home on the internet browsing properties – making newly added properies stand-out.
  • Stay heated – during viewings, the contrast between the cold weather outside and the warm temperatures inside your home will make your property seem much cosier and welcoming than during the summer months5.
  • People who are willing to come for a viewing when it’s the middle of winter tend to be a lot more serious about purchasing than the ‘serial-viewers´ in summer, who often visit homes on sale solely out of curiosity.

Will Your House Sell in the Winter?

The ancient Chinese general and philosopher Sun Tzu once said that “if you know your enemy well and know yourself, you need not fear the results of a hundred battles”. And this is very true for those who wish to beat their competitors to sell their house during winter first. So, yes, it’s definitely possible to do – but only if you exploit the benefits of being on the market when the pickings are slim.

Those who own cheaper houses such as one or two bed flats and house can certainly prosper as smaller homes tend to be bought by younger people who can’t face another holiday season at the family home, and so tend to shift quite quickly2. Larger houses can take longer, but that doesn’t mean it’s a lost cause to attempt to sell in winter.

Although miserable and cold, winter can benefit those sellers who are savvy enough to realise that in this cold period, many potential buyers would prefer not to be traipsing up and down the high street looking through estate agents’ windows in the rain.

Of course, what many people forget, is that you can ALWAYS sell your home in the winter if you think outside the box. For a large number of homeowners, the need to sell can be extremely time-sensitive – and for that reason, many owners are finding themselves discovering the benefits of selling to a home-buying company.

The benefits of home-buying companies such as National Homebuyers is that from first point of contact, the sale will often be completed in as little as two weeks, allowing the buyer to regain capital in a short space of time.

Another advantage is that home-buying companies are not put-off by certain details that your average buyer may be deterred by; such as distance from shops, unappealing paintwork and structural issues etc.

The benefits of selling in winter are far-reaching for vendors, especially when safe in the knowledge that the people who are thinking about buying a home will be spending the cold evenings browsing web portals such as Rightmove, eMoov and Purple Bricks, so maybe it’s worth considering how to make your home stand out from the other listings?

Tips for selling your home fast in winter

So, you want to ensure a fast winter house sale? Thanks to the ‘ever-wonderful’ weather in the UK, many property market professionals have shared some fantastic ideas that can help you tip the odds in your favour:

  • By adding attractive outdoor lighting to your home for dark photos in winter, you can make the entrance seem much more inviting that the average house, helping it to stand out in photos. Many designers consider this ‘kerb appeal’ to be extremely important5 – especially in town houses – as it always adds an element of prestige.
  • Why stop at external lighting? By brightening up your home with a variation of direct, indirect and candle sourced room lighting, you can make your home seem especially alluring to those looking to buy a new winter house6.
  • Make sure you decorate for the season. Many sellers try to go for the sterile approach that works so well in summer. Due to joint consciousness of the human condition, however, we seek out comfort and cosiness when it is cold outside7, so try adding touches such as a cosy sofa throw or an attractive rug in the bathroom? Remember though – don’t let your personality be reflected in these simple ideas.
  • Ensure that your garden is kept tidy – even though it is unlikely to be in use during winter, it should still look attractive when it is viewed from inside the house.
  • Odours can often be easier to notice when you try to sell your home in the winter. This is because moisture builds up inside the home from coats, shoes, and of course – pets. You can easily use a dehumidifier to dry the air, but these can be costly. An easier way to cover up the odours is to use the old trick of fabric softener or furniture polish on heated radiators8. Thanks to how drift-heating works, within an hour your home will be showroom fresh.
  • Take the time to sand and varnish external window frames and sills, while also cleaning the windows – a dirty façade can often be emphasised by accident in a photo depending on the way it is processed.
  • Ensure that any photos on your listings are free from clutter – nobody wants to move into a disaster zone.
  • Take photos of your home during the summer for use in the winter – it’s always important to show how wonderful your home can look all year round.

Are you looking to sell your home during the winter? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property before it’s too late.

Sources:

1Turrill, K. (2017). Selling your home? This is the best MONTH to put your property on the market. Available: https://www.express.co.uk/life-style/property/794435/selling-your-home-house-tips. Last accessed 24 Sept 2019.

2Brazg, G. (2016). When Is The Best Time To Sell Your House? Available: https://www.theadvisory.co.uk/house-selling/best-time-to-sell-house/. Last accessed 24 Sept 2019.

3Norwood, G. (2010). How to sell your house in the autumn market. Available: https://www.telegraph.co.uk/finance/property/buying-selling-moving/7964544/How-to-sell-your-house-in-the-autumn-market.html. Last accessed 24 Sept 2019.

4Butterworth, M. (2016). Want to sell your home this winter? Follow these seven tips to win over buyers and get it sold. Available: https://www.dailymail.co.uk/property/article-3960370/Seven-tips-sell-home-winter.html. Last accessed 24 Sept 2019.

5Anon. (2017). How to sell your home in winter. Available: https://hoa.org.uk/2017/11/how-to-sell-your-home-in-winter/. Last accessed 24 Sept 2019.

6Robson, I. (2017). Selling your house this winter? 9 tips to tempt buyers to make an offer. Available: https://www.chroniclelive.co.uk/news/property-news/selling-your-house-winter-9-13973477. Last accessed 24 Sept 2019.

7Harris, B. (2015). 10 Ways To Create A Cozy Home For Winter. Available: https://www.forbes.com/sites/houzz/2015/12/10/10-ways-to-create-a-cozy-home-for-winter/. Last accessed 24 Sept 2019.

8Brennan, S. (2016). Store bedding in a pillowcase, clean radiators with fabric softener and wet wipe the carpet: Women reveal their VERY clever life hacks for busy mothers. Available: https://www.dailymail.co.uk/femail/article-3790960/Women-reveal-clever-life-hacks-busy-mothers.html. Last accessed 24 Sept 2019.

How To Sell Your Home At Auction

There have never been more options open to the prospective property seller than there are now. From fast cash buyers to part-exchange and traditional estate agent sales, the choice is yours – so why do some favour the age-old process of property auctions, and what exactly does it involve?

Why Sell At Auction?

Offering a house for auction can provide the seller with some benefits not traditionally associated with other methods of selling. Those seeking a quick sale are drawn to home auctions for their immediacy: as soon as the gavel falls, the buyer must pay a percentage deposit, and is obliged to complete the remainder of the transaction quickly – usually within 28 days[1].

The competitive nature of bidding for a property at auction can also drive up the final price. As bidding continues and confidence increases, your property moves closer and closer to achieving its best possible price. And when the hammer falls, the price agreed is the price paid – no renegotiation can take place[2]. This added certainty is another appealing reason to forgo the local area estate agents.

House auctions frequently attract different types of prospective buyers – property auctions are well known as a favourite hunting ground for those looking for an unusual project, or one which will require a substantial amount of work to be done. If you’re finding it difficult to attract interest with conventional buyers, property auctions could be the solution – pick the right auction house and your property might quickly be found by the elusive perfect buyer.

Can You Set A Minimum Price To Sell At?

When properties are placed in house auctions, all potential buyers will see ‘guide prices’, which – as the term suggests – offer rough guides to the value of the house auctions. This may not necessarily represent the final price, and could also be presented in the form of a price range.

However, as the seller, you will agree another figure – the ‘reserve price’ – confidentially, with the auction house, before the house auctions take place. The buyers will not be aware of this value, but if bidding does not meet or exceed it, your property will not sell. As a seller, you’ll need to strike a balance between a low reserve, which increases the likelihood of achieving a sale, and a high reserve, which guarantees a higher final price – if the bidders make it there. Note that in property auctions it is not usually possible to pick any value you like – often, auction houses require a reserve price that falls within a certain percentage of the guide price[3].

What Should You Do Before Auction?

As with any property sale, it’s in your interest as the seller to ensure that the house for auction appears as well-presented and attractive as possible. You can expect your auction house of choice to market your property – but just like selling with an estate agent, that doesn’t mean that you can’t help spread the word yourself. After all, the more people who know about the sale, the more potential buyers there will be to push up the bidding and increase your chances of selling quickly.

Your first big decision ahead of selling your property at auction will be to pick the best auctioneer for you and your house. Just like estate agents, some auction houses will specialize in a type of property or a geographical area, so it is vital to do your research before committing. Fees and processes can vary from one to the next, so it pays to be thorough – do your research and follow guides available online[4].

When you have made a selection for your house auction, you’ll need to arrange a period of time to make the property available for viewings. Due to the nature of auction sales, this is usually a comparatively short time. It may be advisable to speak to agents in the local area to get an idea of what the property is worth, and with this knowledge, you can decide on the most appropriate reserve price ahead of the property auction itself.

NATIONAL HOMEBUYERS PROPERTY EXPERT says: “If you have the time, it may be beneficial to attend an auction for a property similar to your own in your local area. You’ll get a first-hand demonstration of the process your property will go through, which can help you to prepare for your own big day!”

How Much Does Selling At Auction Cost?

You’ll need to bear in mind that the auction house will charge a commission on the sale. This is likely to be in the region of 1-3%, plus VAT – considerably more than the typical estate agent fee which lies around 1.42%[5].

You’ll also need to pay solicitor’s fees for the preparation of a legal pack for the sale which includes documents such as the property information form, tenancy agreements, planning permission documentation and more. This usually costs something in the vicinity of £200[6].

Most, if not all auction houses will also charge an entry fee[7]. This covers costs such as listing your property in the auction house’s catalogue, and the amount can fall total anything from a few hundred, to a few thousand pounds. Unlike the commission charge, which is only payable once the sale has been agreed, you may have to pay the entry fees again if the property doesn’t sell and you need to relist.

Some sellers are able to pass on these additional costs to the buyer by adding a clause into the sale contract – another benefit of selling by auction – but beware: buyers may be wise to this and it could cause them to bid a little lower to compensate.

Will Your House Sell At Auction?

With the exception of some fast property buyers, very few property sales methods can offer a 100% guarantee that your house will sell. Any property can linger on the market without tempting buyers for a variety of reasons: perhaps the asking price is too high, maybe the images in the marketing material don’t do it justice. It could even be the wrong time of year, or simply a property that is fundamentally difficult to mortgage for many other possible reasons[8].

So many factors affect the speed and likelihood of completing a successful sale that simply choosing to sell via property auctions is not a realistic way to guarantee a sale. While it’s true that an auction sale can suit certain properties much better than selling via an estate agent or other methods, when all is said and done, if buyers’ interest isn’t piqued, the property won’t sell. It’s down to the seller to prepare well and do their research – no matter the sales medium – to ensure that their house has the best possible chance from the outset. This can mean lowering expectations with regards to the final sale price, re-evaluating the way the house is presented, or even exploring other ways to sell.

Can An Auction Guarantee A Quick Sale?

On average, it took 102 days to sell a property in the UK in 2018 – six days longer than it took in 2017[9]. With the possibility that this trend could continue, many are turning to other means of selling with a view to speeding up the process. One such option is listing the house for auction. As noted above, one of the key benefits to selling via property auction is the speed with which the process can be completed once a sale has been made. A far cry from the often lengthy, drawn-out ordeal of selling with a traditional estate agent, the winning bidder in a property auction will usually be required to place at least a 10% deposit on the property on the very day of the auction, with the remaining balance due within a month[10]. For those fortunate enough to achieve a bid high enough to clear the listed reserve price, house auctions can prove very beneficial if a swift sale is desired.

Of course, that rapid completion procedure can only occur once a sale has been achieved, and merely opting for a property auction sale is not enough to guarantee this achievement. NATIONAL HOMEBUYERS PROPERTY EXPERT has this advice:

“When speed is truly of the essence, your traditional estate agent might simply take too long. House auctions can move along quickly in terms of completing an agreed sale – but only a fast cash buyer like National Homebuyers can guarantee to not only make you an offer, but to make every effort to do so within a timescale that suits you.”

What Are The Alternatives To A House Auction?

What options are there for selling your house if property auctions don’t quite fit the bill?

  • If time is not a factor, traditional local or national estate agents. While they may charge various fees, their knowledge of the region and of the property market can be valuable – but be prepared to wait.
  • Online estate agents can offer similar advantages to a high street agent, with generally lower rates – but are you missing out on the specific local area knowledge and marketing of a traditional high-street estate agent?
  • If you need a good result quickly, consider using a fast cash buyer such as National Homebuyers[11].

Compared with house auctions, National Homebuyers can offer a quicker turnaround, a lot less hassle and are guaranteed to make you an offer, regardless of the condition or value of your property. If you’re considering selling your house via property auctions, why not give National Homebuyers a call first?

[1] – https://www.which.co.uk/money/mortgages-and-property/first-time-buyers/buying-a-home/property-auctions-athvb3j7lmd4

[2] – https://www.moneysavingexpert.com/team-blog/2013/09/property-auctions-can-you-bag-a-bargain/

[3] – https://www.auction-link.org.uk/what-is-an-auction-reserve-price/

[4] – https://www.which.co.uk/money/mortgages-and-property/first-time-buyers/buying-a-home/property-auctions-athvb3j7lmd4

[5] – https://www.fridaysmove.com/property-auction-fees/25162

[6] – https://www.auction-link.org.uk/auction-fees-for-selling-property/

[7] – https://www.auction-link.org.uk/auction-fees-for-selling-property/

[8] – https://www.which.co.uk/money/mortgages-and-property/home-movers/selling-a-house/why-isnt-my-house-selling-arn5j4y3m7qz

[9] – https://www.bbc.co.uk/news/business-46219904

[10] – https://www.auctionhouse.co.uk/guide/when-do-i-pay-my-deposit

[11] – https://www.nationalhomebuyers.co.uk/

Are buy-to-let properties a good investment?

For many years, landlords have reaped the rewards of property investment – but are the same opportunities for profit available to those looking to start a buy-to-let investment today?

How do buy to let properties work?

The buy-to-let system allows an investor to purchase a property with the sole intent of profiting from a tenant who pays a monthly fee in exchange for residence or use of the building.

The logic behind such a purchase is that the monthly mortgage repayments the owner of the property needs to make to their lender is less than the fee they receive from the tenant themselves.

Can you get a mortgage for buy-to-let properties?

Similar to a normal residential mortgage, buy-to-let mortgages can legally be applied for at any number of lenders. However, in an effort to prevent the wealthy from simply buying up every available house in the country, the associated fees are often much higher.

Lenders also tend to be stricter with investors during the application process for a buy-to-let mortgage as opposed to a residential mortgage. For example, with a residential mortgage it is common for deposits to fall as low as five per cent, with certain banks often requiring no deposit at all in exchange for higher repayment fees; whereas a buy-to-let application will require a deposit of anywhere between 20-40% of the total value of the property.

Furthermore, the application itself will require the investor to have a better credit rating than if they were applying for a standard residential mortgage, and it is extremely unlikely that a lender would consider an applicant who earns less than £25,000 per year.

There are also age limits on buy-to-let investments. A lender is unlikely to offer a buy-to-let mortgage to an individual who will be over the age of 70-75 once the repayments would be completed.

Are buy to let mortgages a good idea?

In theory, buy-to-let investments are a great idea – especially at a time when rental payments are higher than ever due to a mass shortage of affordable housing for first-time buyers. However, the geographical area in which a buy-to-let investment is made can heavily affect the profit margin potential, and an application can be refused if the projected monthly rental income is less than 25-30% higher than the monthly mortgage repayment.

A buy-to-let property has historically been an excellent way to provide a pension for a landlord once they retire from their work-life – and as time passes, the house can be re-mortgaged or re-evaluated by the lender in order to provide an even greater profit for the owner.

However, it is worth noting that both Capital Gains tax, as well as basic income tax will push the investor into a higher tax bracket, and this can severely limit the aforementioned profit. It is therefore advisable for an investor to provide as higher deposit as possible, to maximise their annual earnings during repayments.

Is it worth buying to let?

Whether a buy-to-let investment is a good idea entirely depends on how savvy the landlord is with regard to personal finance.

Some landlords purchase homes, only to find that they encounter a period where they cannot find a tenant and as a result, cannot afford the necessary repayments during that time. This can often lead to repossession and the loss of the deposit regardless of potential sold house prices.

It’s also important to remember that the profit made from the tenants can not necessarily be spent as soon as it is earnt, as most buy-to-let mortgages are ‘interest-only’. This means that while a landlord only pays for the interest on the property from month-to-month, when they reach the end of their borrowing term, they are expected to pay off the property in full.

Another key point is that a buy-to-let investor can not necessarily sell their house fast to repay the mortgage, as if housing values fall and the investor finds themselves in negative equity, they would still be responsible for the outstanding payments to their lender even after they have offset the money gained from the sale of their property against their debts.

Are you looking to sell your home fast? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How to avoid repossession of your home

While many consider it a personal dream to own a home, the dream can quickly turn into a nightmare if you are unable to keep up with the repayments. In this article, we’re going to look at the repossession process,  and how to avoid it.

How does a house repossession work?

The term ‘house repossession’ can strike fear into the heart of the bravest of homeowners. After spending years saving for a deposit due to high housing values, it is always undeniably heart-breaking to learn that you have to start again from nothing. However, house repossession laws are there to protect the interests of the mortgage lender as a result of your inability to cover the monthly fees you agreed to pay.

To be fair to lenders, they are often more than willing to give you several opportunities to clear your arrears over several months, and will only allow the courts to get involved if it becomes obvious that you have no intention of paying, or are unable to afford the repayments at any point in the near future.

What happens when your house is repossessed?

All lenders must follow a pre-determined set of rules to before initiating court action. In normal circumstances, a lender will contact you if you miss a payment in order to learn why you have done so. More often than not, if it is simply a case that you have lost your job, or have had an unexpected payment leave your bank account high and dry, they will happily adjust the amount you pay over the proceeding months until the arrears are cleared.

If, however, you have missed multiple payments, the lender may apply for a court order to commence repossession proceedings. If a judge considers their reasoning just, then the courts will schedule a hearing during which the aforementioned judge will hear both sides of the story and decide whether you can keep your home, or if the lender has sufficient reason to repossess your home.

During the hearing, it is entirely possible that you can stop the house repossession. This is, however, up to the discretion of the judge.

How to prevent the repossession of your home?

You are always entitled to discuss the situation with a legal advisor prior to the court date in an effort to prevent repossession, and there are three possible outcomes with which the judge may help you in accordance with house repossession laws:

  • They could rule in your favour, allowing you to continue living in your home without risk of further prosecution.
  • The case could be adjourned, providing you with more time to prepare before returning to court.
  • The judge may issue a suspended possession order which allows you to stay in your home – provided you adhere to the conditions set forth within the order.

Can house repossessions be stopped?

Many people who are facing repossession will take the opportunity to sell their home as fast as possible in order to make the necessary repayments, and still recover a portion of the deposit that they originally paid the lender in order the buy the home. One of the ways to accomplish this that is growing in popularity is to utilise the services of a house-buying company such as National Homebuyers.

Since National Homebuyers are able to complete a sale in as little as two weeks from first point of contact, you can rest assured that you will be able to sell the home and repay the lender before being removed by a bailiff.

Other methods used to avoid a house repossession are as follows:

  • Renting the property out to tenants can be a godsend, as rental payments are almost always more than the monthly mortgage repayments you originally agreed upon. This means that you can move into a separate rented property yourself and cover those costs with your wages, and use all the money earnt from the tenants in the property you own to pay your mortgage, as well as begin to pay back your arrears.
  • If you have mortgage repayment insurance, and the reason for which you are unable to make the repayments are covered by the terms and conditions – for example illness, injury or loss of a job through no fault of your own – then your insurance provider will be able to continue making mortgage repayments on your behalf for however long the policy allows.
  • Consult the citizen’s advice bureau as to whether you qualify for aid from the government as a result of your situation.
  • Simply discuss your situation with the lender before a judge is involved. For many lenders, it is much simpler to work out a repayment plan than to employ house repossession laws and risk losing a case, as well as ending up spending more money in legal fees. Furthermore, in accordance with lending law, a lender must treat you fairly and provide you with ample opportunities to make the necessary repayments.

What happens after a house repossession?

If worst comes to worst, and you do face a house repossession, the following will happen:

  1. You will be given a set amount of time to vacate the property, and if you do not leave within this time then the courts will send a bailiff to forcibly remove you.
  2. The lender will take possession of your home, and list it for sale.
  3. The lender must sell the property in a reasonable amount of time, otherwise they may be seen as trying to capitalise on the situation by taking advantage of rising sold house prices. If you feel that they are doing so, then you are within your rights to complain to the Ombudsman.
  4. The price at which the property is sold will not necessarily be as much as you would have received yourself if you were to sell it, but the price that the property is sold for will be used to cover the following costs:
  • Your outstanding mortgage.
  • Any repair or maintenance fees for damage that could prevent a sale.
  • The legal costs they incurred from taking you to court.
  • The costs involved in the sale of the property such as estate agent fees, solicitor fees, or conveyancing fees.

Looking to sell your home before it is repossessed? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

The secrets behind how to sell a property successfully

Selling a house is never a stress-free experience but being prepared can help you to complete a sale as efficiently as possible.

While many homeowners love the idea of moving to a nice new property, the move itself is often hindered by the sale of their current home. So how do you ensure that the house-selling process goes as smoothly as possible?

How to sell your house

There are several methods that allow you to sell a house:

What do you need to know to sell your house?

When you sell your home, it is always a good idea to familiarise yourself with the house selling process:

What documents do you need to sell a house?

The documents needed to sell a house are as follows:

What are the costs of selling a house?

There are numerous costs to legally sell a home, many of which can shock vendors. There are, however, always numerous options available:

Of course, there are ways to avoid a large portion of the fees associated with selling a house, and this is by using National Homebuyers.

When National Homebuyers purchase a house, there is only a small service fee necessary, and this is fully refunded once the sale is complete. National Homebuyers will even cover up to £1000 of your conveyancing fees, helping you save money, and sell your home with minimum stress.

Looking for a quick way to sell your house? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

The Top Ten Worst Places To Sell a Home In The UK

No matter the quality or condition of a home, if it is located in an area that offers little in terms of services or personal safety then the vendor will always find themselves consistently lowering their asking price in desperation to complete a sale.

If you’re browsing through listings on an online portal such as Rightmove, you will occasionally see a beautiful property for a staggeringly low price. Opening the listing, you remain optimistic but cautious as to why such a wonderful example of a home can be so cheap despite its large open rooms and well maintained exterior, so after a period of reflection you decide to contact the agent to arrange a viewing.

As you approach the house, it slowly dawns on you why the vendor is having such a hard time selling. For starters, there doesn’t appear to be any local amenities or shops within a 2-3 mile radius – so if the new owner wishes to pick up a few essentials, it would be necessary to catch a bus or drive. Secondly, the neighbourhood appears to have high levels of crime – a deal-breaker for most of us. And once you finally go inside, you hear the dreaded words “I’m afraid we don’t have broadband available in this part of town”.

In the UK, there are many places that buyers would prefer to avoid, and as a result National Homebuyers have been inundated by vendors who need to  sell their house fast. Luckily, National Homebuyers will buy any home regardless of location with competitive quotes and industry leading service – but where are the worst places to sell a home in the UK?

This year, Home.co.uk compared data from sales across the nation, presenting a list of the areas where a house sale can turn into a nightmare that never ends, along with the average time it can take to sell:

1. Rotherham –279 days

2. Knightsbridge – 277 days

3. Sunderland – 277 days

4. Mayfair – 272 days

5. North Shields – 268 days

6. Marylebone – 268 days

7. Soho – 266 days

8. Charing Cross – 265 days

9. South Shields – 264 days

10. Strand – 262 days

Perhaps the most shocking thing regarding the list is the number of London boroughs. Many of these boroughs were in great demand just five years ago, but thanks to rising sold house prices, higher taxes and low wage levels, sellers who refuse to lower their asking price are finding themselves on the market for nine months or more.

Another interesting point is how few northerly towns are included in the list versus similar previous surveys. Analysts believe that the relocation of big companies such as the BBC to large northern cities with lower land values has had a positive effect on neighbouring towns as commuters vie for the best available properties.

With limited trade and falling levels of available industrial work, it is unsurprising to learn that other than the six areas near the capital, three out of the four remaining places on the list are occupied by towns from the north-east.

However, first prize goes to the large South Yorkshire town of Rotherham where houses take, on average, 279 days to sell. With high levels of crimes and the proliferation of ‘grooming’ gangs, combined with high rates of binge drinking and drug abuse within its population, Rotherham often finds itself named on humorous websites as one of the ‘worst places to live in the UK’.

While these lists do change as time passes with the rise and fall of local economies, it is clear that the economic downturn and public insecurity concerning Brexit has had far-reaching consequences for vendors up and down the country – even in the capital.

Are you unable to sell? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

The Secret To The Best Time To Sell Your Home

Finding the best time to sell a property is not always easy in the UK thanks to our inconsistent weather and the complexities associated with the house-selling process. Luckily, in this blog we’re going to discuss the best time to sell your house, and how to use this information to ensure a high value sale.

When do most houses go on the market in the UK?

Traditionally, the majority of houses across the nation are placed on the market when the weather is bright and the temperatures are warmer. This allows vendors to showcase the exterior façade of their home with the plentiful amounts of available natural light, while also helping the property feel warm and welcoming. However, if you are hoping to sell your home fast, you need to choose a time of the year when large amounts of potential buyers are scouting the market for their next big move.

When is the right time to sell a property?

Throughout the year there are many events that can limit the likelihood of your home selling in a short-time scale, subsequently forcing you to reduce your asking price. In the summer, many young families are often busy with their children while the schools are closed, and trying to look after children and organise a house move is often a recipe for disaster. During the winter, the short days and cold temperatures limit the enthusiasm of buyers, and only a very small number of them would be willing to move house during Christmas time.

In the autumn, conversely, children are back in school and buyers who are desperate to move before the cold weather sets in are more likely to make a serious offer with the intention of purchasing. For the majority of estate agents, however, the busiest time of the year is always spring. This is because the days are longer, the weather begins to brighten and the increased competition between potential buyers increases the prospect of you receiving your original asking price – or even higher.

Which month is the best to sell a house?

According to industry analysts, the best months to place your house on the market are between February and June. By the time February arrives, the Christmas and New Year festivities are over and thanks to the ending of the tax year in April, it’s a great time for buyers who are self-employed to finalise their proof-of-earnings for their mortgage application.

The best month to sell your house in terms of sales figures is May, but it is often a good idea to beat the crowd and list your property with an agent a little sooner.

When is the best time to put a house on the market?

The best time to sell your house is not a question that is easily answered. While many individuals have the luxury of being able to wait to place their home on the market, there is always a large number of sellers who cannot delay their sale due to a new job, or simply because they need to move closer to family due to their failing health. Luckily, even when the market has been slow, sellers have been able to contact National Homebuyers to help them to gain high sold house prices with competitive quotes and an ability to complete a sale in as little as two weeks.

Looking to sell your home out of season? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

The insider secrets that can lower the value of your home

In this blog, we’re going to look at the more unusual factors that influence the saleability of your house, and what you can do to ensure you get the best price possible.

If you’re looking to sell your house fast, it can be surprising how even the smallest things affect the value of your home, and consequently, the likelihood of a prospective buyer making a reasonable offer.

Personal taste

If you live on a street of identical houses, you may feel a bit disconcerted by the range of sold property prices – even if they all have the same floorplan. However, if you take a closer look at the available photographs, the difference in value can easily be explained by the owner’s personal taste.

When you are presenting your home, it’s important to decorate it in a way that allows a prospective buyer to visualise themselves living there. This is often achieved by using basic colours such as cream or lavender wall paint and carpets – acting as a blank canvas for the buyer’s imagination. If you choose to incorporate odd decorative elements into your home, it may appear charming to yourself, but there is always a strong chance that it will deter previously interested parties.

Be nice to your neighbours

We all know that the personality of our neighbours is outside of our control, but for the sake of keeping your property value high it is always worth, when possible, to treat them with respect. There is always a chance that both your estate agents and prospective buyers will choose to talk with your neighbours to learn more about what it is like to live there – and a disgruntled neighbour can easily discourage a potential buyer and force you to lower your asking price.

It’s good to be odd

As strange as it sounds, the value of a home can be affected by the number on the door. Research by Zoopla found that odd-numbered houses can reach, on average, £538 more than their even-numbered counterparts.

While there is very little you can do with the designated number of your house, you can always choose to name it, and register that name with the Land Registry. Of course, the number will still remain in the address, but a pleasant title for the property can often encourage buyers to ignore the numerical curse.

Go for natural privacy

If you’re lucky enough to have a front garden, or a rear garden that is overlooked by other homes, you may want to invest in some trees. Much research has been conducted into the effect of trees and hedges on a street, and property values can be as much as five per cent lower if there aren’t any. The benefits of trees and hedges are obvious – the contrasting colours, the improved air quality and noise reduction from roads – but it is the privacy those plants provide that entices buyers and increases property values. After all, it’s always nice to be able to sunbathe privately in your own garden during the few warm days we get per year.

Campaign for development

While many people would prefer companies not to build supermarkets, stadiums, and golf courses near their homes – they may change their tune if they knew the mere presence of those developments can send your home’s value shooting through the roof. Having a supermarket nearby can raise the value of a property by as much as a whopping £40,000 (depending on the quality of the brand), and having a golf course within a reasonable distance of your domicile can increase the value of your home by a shocking 56 per cent. So if large companies begin to question residents regarding their support for large developments such as these, it may be worth letting those who live nearby know about the benefits.

Unfortunately, there are always some homes that are impossible to sell in a short time-frame. This can be because of structural issues, bad neighbours, or simply due to a lack of local amenities. Luckily, National Homebuyers are always willing to buy any home, regardless of condition or location, and are constantly inundated by clients who need to sell their homes fast for the sake of a new job, or simply to be closer to family.

Looking for a quick sale? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How to sell a property online

Not happy with your local agent? In this blog, we’re going to look at the best ways to sell your home online.

Where to sell a property online

As technology progresses, the traditional method of buying and selling property via a high street estate agent is slowly disappearing. In the last five years alone, almost 2,500 estate agents have permanently shut their doors as online rivals continue to thrive, offering flat rate fees and the ability to market listings nationally without the need for a brick and mortar storefront.

There are currently three main ways to sell property online. The first is through one of many online estate agents such as Purplebricks or Emoov. These agents employ regional specialists around the country who negotiate with potential buyers once they signal their interest in a property via the website.

The second main way is to use a traditional agent who will list the house on an online portal such as Rightmove, a website that has exploded in popularity since its inception almost 20 years ago.

The third method is often preferred by those who wish to sell their property online fast, and that is via a house buying company such as National Homebuyers, who will purchase any house, regardless of location or condition, without the delays that are often associated with estate agents.

Selling a property online vs other methods

The key benefit of selling a property online is the number of potential buyers you can reach. In the days of old, the only people who would see your home for sale are those who happened to wander past your estate agent’s window. Nowadays, however, your home can be viewed 24 hours a day by anyone with an internet connection.

Of course, rapid growth often encourages controversy – and this is especially true with some of the online estate agents. Both Purplebricks and Emoov have faced lawsuits from clients over hidden costs, and they have been on the receiving end of several warnings from the advertising watchdog as a result.

Tips for selling a property online

If you want to sell your house online, there are some things you can do to encourage buyers to notice your listing:

How to sell a property online quickly

One issue with online agents is the speed with which a sale can be completed, as listings can often become lost in the sheer number of houses for sale. And as certain vendors use the ability to promote their listings for a cost, those who are unable to afford a premium listing for their home can often find themselves waiting a long time for an interested party to call – often leading to lower sold house prices.

Luckily, if a vendor needs to sell their house fast, they can always enlist the help of a house buying company who are able to purchase a home in as little as two weeks from the first point of contact. The benefits of companies such as National Homebuyers is that receiving your quote is absolutely free, and many clients are surprised how much they can get for their home.

With a slowed market, many individuals have found their life has been put on hold as they wait for a buyer to make an offer, preventing them from moving closer to family or to a new area for a new job – and in these instances, a house buying company is always the best option.

Looking to sell your home online fast? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

Can a landlord sell a house during a lease?

The sale of a rented home can easily become a confusing affair, so it’s always important to understand the legal rights of both the tenant and landlord.

So, you’ve just found out that your landlord wants to sell the house you’re renting. While there’s no reason to panic, it’s always useful to know the status of your rights as a tenant during the sale.

Can the landlord sell the house I’m renting?

As a privately-owned property, a landlord is entitled to sell their house, as long as they complete the process in the correct legal manner. They may wish to sell the house fast due to an increase in sold house prices in the surrounding area, or simply because they do not wish to be a landlord anymore.

Can a house be sold with tenants in situ?

If a landlord is selling a house that is mid-way through a fixed term lease, then they are within their rights to do so. While a tenant may be anxious regarding a new landlord, they are not entitled to have any input into the sales process as they do not hold any equity in the property. The tenant does, however, have a number of rights in regard to their tenancy agreement.

What are my rights if my landlord decides to sell?

If a landlord is selling a house, the tenant has rights enshrined in law to protect them. Once a property has been leased out to a tenant for a fixed term, that legal interest must persist for the full agreed length, regardless of the property’s owner. This means that when the incoming landlord takes ownership of the house, it is against the law for them to evict the tenant while the lease period is still active.

Furthermore, the tenant is still entitled to his/her privacy in accordance with the Landlord and Tenant Act 1985. This means that unless there is an emergency, the tenant is fully permitted to refuse entry to anyone related to the sale – including the prospective buyer. The tenant is even allowed to refuse entry to the landlord themselves, even if a 24 hour notice is provided.

If a new landlord takes ownership of a leased property, then he is obliged to perform all the duties set forth in the tenancy agreement signed by his predecessor, including repairs and maintenance within a reasonable time of notification.

Moreover, if the new landlord fails to comply with these regulatory minimum standards, then they are in breach of contract and the tenant can not only withhold rental payments, but also report the landlord to the courts for prosecution.

A tenant cannot legally be evicted until the fixed term has ended – unless they have breached the tenancy agreement. While rare, there are stories of landlords using section 8 and 21 legal loopholes to force tenants out of their homes during a fixed term lease, so it is important for anyone who lives in a rental property to gain a comprehensive understanding of the lease before they sign it.

How much notice does your landlord need to give when selling a house?

Under Section 3 of the Landlord and Tenant Act 1985, the new landlord is required to notify the tenant that the property has changed hands. However, the tenants are not entitled to know when the property has been offered up for sale, the value of the house, or even whether the property has been sold until two months after the sale is completed. The prior landlord may inform the tenant as a courtesy that they intend to sell the house, but they are not obliged to do so.

Looking to sell your rental home fast? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

When is the best time to sell your house in the UK?

Selling a house in today’s market can be a nightmare – but knowing the best time to sell can save you a lot of hassle.

If you need to move house for the sake of work, or simply to be closer to family, you’re probably crossing your fingers and hoping to sell your home fast. Unfortunately, many vendors find themselves a little disheartened when their property ends up sitting on the market for months on end – especially if they’ve taken the time to make their house presentable and already had several viewings with no offers.

What many of these sellers don’t realise, however, is that the property market has high and low activity seasons, and if you want to sell fast, it’s worth paying attention.

Is it a good time to sell my house?

If you’re thinking of placing your home for sale in the next few weeks, you may want to consider holding off for a while as we’re about to enter the summer months – but why is this such a bad thing?

Put simply, the majority of Brits enjoy going on holiday in either July or August to ensure they get a nice sunny break from their everyday life. And consequently, are less likely to have the necessary funds for a mortgage deposit after splashing out for flights, accommodation and food. Plus, they’re unlikely to want to deal with the stress of a house sale while they’re supposed to be relaxing abroad.

Similarly, parents with young children are likely to find themselves swamped as schools close for the summer – and trying to look for a new place to live while finding things to keep their hyper-active infants busy is no mean feat. So, when is the best time to sell your house in the UK?

What’s the best month to sell your house in the UK?


When people begin the process of selling their home, they often ask themselves “how much are properties in my area?” in order to gauge the amount of profit they could make once the sale has gone through. What they often don’t realise is that the prices they research may have been deeply affected by the time they were originally placed on the market.

A house that has been placed for sale in summer, may fail to sell in the short-term due to a quiet market place – and the longer a house is on sale, the more suspicious buyers will be regarding its appeal. It is therefore quite possible that the house will have, at some point, been reduced in price before it was finally purchased.

So, when is the best time of year to sell a house? Traditionally, summer should be avoided for the reasons stated above. However, winter should also be avoided. During the winter time, the days are short and dark – making it hard for potential buyers to appreciate the effort you’ve made to make your home look inviting. For parents, the weeks leading up to the Christmas holidays are often an extremely busy time. And due to the festivities and gift purchases, their bank accounts are more likely to be running dry than in spring or autumn.

The best months to sell your house in the UK are always the same each year. If you wish to sell fast in the first half of the year, aim to put your house on sale at the end of March just in time for spring. At this time of year, the kids are in school, the days are starting to get longer and more importantly, there will be more buyers actively looking to purchase.

If, however, you were unable to get the house ready for spring, try holding off until mid-September. By this time, all the kids will have returned to school, there’s still enough warmth to encourage buyers to get out and look for a new home, and there’s enough time for them to complete on a sale and get settled before the countdown to Christmas starts.

When do most houses go on the market in the UK?

The busiest time for the UK housing market is always in spring. Maybe it’s the renewed enthusiasm that people enjoy as the temperatures climb, or maybe it’s just because of advice from a friend or colleague, but when buyers start looking for a new home – you want your house to be ready for viewings.

Another reason that spring tends to be the busiest time for house purchases is the competition. A buyer is more likely to successfully haggle the asking price of a house down if they have several options available to them, and buyers are usually worried that if they don’t accept an offer, they may end up waiting for months for another.

Luckily, if you have to sell a home and can’t afford to wait until spring or autumn, you can always use the services of house buying companies, who are willing to make generous offers all year round – even if you’ve had trouble selling in the past.

Hoping to sell during the quieter months? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How to sell a house online

In times gone by, the methods by which an individual could sell their home were extremely limited. However, thanks to the rise of the internet and e-commerce, vendors have a multitude of options available to them.

Thanks to numerous headlines regarding the underhanded business practices of a small number of individuals, the reputation of high street estate agents in the eyes of the public has suffered somewhat over the last decade, inspiring vendors to look for other ways to market their homes. In this blog, we’re going to take a brief look at how to sell a house online, and how the majority of online house sales work.

Where to sell a house online

If you’re thinking of selling your house online, you’ll be happy to know that there are a wide range of opportunities just waiting to be taken advantage of – some of which are more attractive than others.

In recent years, there has been a steady rise in the number of online agents willing to offer cut-price, or flat-rate deals to vendors who wish to sell their homes. The benefit of large national companies such as these is that their online visibility ensures that any attempt to subvert the client will often be noticed immediately by industry watchdogs or customer forums.

While they are, by and large, a fantastic value alternative to the traditional route of high street agents, there have been times where their conduct has been called into question. Examples of these incidents involve most of the prominent brands such as Purplebricks, eMoov, and Hatched – with many of the allegations linked to inaccurate marketing and hidden fees.

On the bright side, the increased competition, combined with the aim of maintaining their brand reputation in the online world means that it is in their best interest to perform in a manner befitting that of a reliable estate agent.

In today’s society, life seems to move at an unprecedented pace, and as a result, being tied down to a single location can often have a detrimental effect on one’s career or life goals.

While those who wish to sell – but are in no particular rush to do so – are able to patiently list their house on an online estate agent’s website, others may find themselves needing a fast house sale in a short time frame. In these situations, there are few better options than a house-buying company.

The advantage of a house-buying company is the ability to complete on a sale in as little as two weeks from the day an enquiry is first made. And thanks to the increased competition in this sector of house sales, the quote a vendor receives is often extremely competitive.

Also, while online estate agents are happy to make your listing visible, it is ultimately up to the buyers themselves to decide whether or not your home is worth their time. And as buying a house is more of an emotional than objective decision, if your home doesn’t tick all the boxes on their wish list, you may find your home sitting on the market for a while before you get any enquires – and even then, you may have to lower your asking price to get anywhere.

House-buying companies, on the other hand, are willing to buy any house – regardless of condition or location, which means that a vendor can enter negotiations confident that a sale will be achieved.

Another approach that is gaining momentum is the use of social media to garner attention for a house that is for sale. By providing pictures and an accompanying description on sites such as Facebook or Instagram, a vendor can reach a large number of people – without having to spend a penny.

Of course, this method can be quite hit-and-miss depending on who sees the posts, but if you find one or two individuals who express an interest in your home, you may save yourself thousands in agency fees.

How easy is it to sell a house online?

With a growing number of companies selling you their services, it can often be hard to choose the agency with which you wish to proceed. To ensure that you pick the right one for you, you can always follow the advice of consumer advice companies such as Which? as well as view forums of customer reviews from those who have had experience with the companies beforehand.

Of course, it is important to bear in mind that no company is going to enjoy 100% stellar reviews from previous customers. There are going to be many occasions where the agent has followed procedure to the letter and done their hardest to achieve high sold house prices for their clients, but the odd customer will still not be satisfied. So, take all information with a pinch of salt.

Luckily, once your have picked your agent of choice, the rest of the process is extremely easy – although it may be worth reading some of the tips below to ensure that your home entices potential buyers.

Using a house-buying company is most likely the easiest route of all. With a single phone call, a vendor can get the ball rolling, and if they are happy with the quote they receive – then the house can be sold in a very short amount of time. If they aren’t happy with the quote, then they are under no obligation to continue with the deal – so for the customer, it’s a win-win.

This option is especially useful for vendors who are unable to sell for reasons such as their home being located in an undesirable area, or because of structural issues that would otherwise take thousands of pounds to fix – thousands of pounds that the seller does not necessarily have available. It’s also useful for those who need to sell fast but can’t afford to wait the length of time requested by an online estate agency to find a buyer.

In reality, the ability to sell a house via social media comes down to computer literacy, and whether or not the vendor has a keen eye for marketing and promotion. Those who have a large number of contacts on sites like Facebook, or a large number of followers on sites such as Instagram or Twitter may find it easier than others – but that doesn’t mean you can’t try.

By using search engine optimisation along with good sales experience – not to mention an excellent grasp of the English language – any one with the drive and desire to succeed stands a good chance of selling their home via social media.

Top tips for selling a house online

No matter which method you choose to sell your home, there are always some universal pieces of advice that can help encourage a buyer to make a reasonable offer. So, if you’re thinking of selling your home through any of the methods above, make sure you follow these simple rules.

No matter how nice your home is, nobody will give a messy, unclean house a second thought. While it may be a pain to keep your house at showroom levels of cleanliness, it’s worth it if you manage to sell your home fast.

While your friends may think that your quirky tastes are a wonderful part of your personality, they can easily get in the way of a successful house sale. A buyer wants to be able to see themselves living in a house they browse, and the best way to help them achieve this is by removing as much of your influence from it as possible. This means ensuring the walls are painted a plain colour such as cream or white, and any odd furniture is either removed or covered appropriately.

Try to put your home on the market during either spring or autumn. In summer, buyers tend to be busy with their children; going on holiday; and engaging in other activities, and in the winter, Christmas spending and the shorter days discourage many from their search. During spring and autumn however, the market often flourishes, and as a result, there will be many more potential buyers looking at making a purchase.

Your home may be beautiful, but unless your photos reflect this, then anyone browsing for a new home is likely to ignore your listing – so do yourself a favour and hire a photographer who knows what they’re doing.

If you’re using an online agent, spending a little extra on a premium listing can help your home stand out from the crowd. However, you still need to make sure your house is appropriately priced or the extra web traffic will go to waste.

It isn’t easy, but ensuring that either you or your partner are available to show any interested parties around your home is a huge part of finding a buyer. It may be a pain, but when it comes to selling, the buyer’s schedule is much more important than your own.

Looking online for a quick sale? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How to sell a house fast

Selling a house is an experience that many homeowners consider a necessary evil if they wish to upsize or downsize. Whether the stress comes from trying to find a decent agent, staying optimistic about viewings, or simply waiting for a buyer to make an offer – the house selling process is not one for the faint of heart. And when there is a limited time frame within which a sale must be made, anxiety levels can often shoot through the roof. However, the ability to sell a house fast is an important skill to learn for those hoping to move house for a new job, or simply to be closer to loved ones.

How to sell a house fast in a slow market

There are often times throughout the year where the property market appears to be in the midst of a massive slowdown. As a result, many vendors around the country find themselves reducing their house prices in order to remain competitive – but are they panicking unnecessarily?

In short, the answer is yes. Similar to stock markets, the world of property is heavily underpinned by consumer confidence, so even in the quietest months it doesn’t take much for the market to gain enough inertia for activity to increase rapidly. One of the best ways to ensure that you can sell a house fast in a slow market is to increase the visibility of your home to potential buyers – this means ensuring that you do not enter an agreement for any single agent to be the sole contract holder for the sale. Admittedly, you may end up paying a slightly higher commission by using multiple agents, but if you need to sell your house quickly, it is often necessary to make concessions.

Another great tip to drum-up a bit of interest in your home is to take advantage of mediums such as social media – after all, you never know whether a friend, or a friend of a friend maybe on the lookout for a new home. Plus, if you sell the home yourself, you can always pocket the commission that you would normally pay to an agent.

Sometimes, however, you need to sell your house fast, and no matter what you try, the market continues to be stagnant. In these circumstances, you can try using house buying companies who will buy any home, regardless of market conditions or location to help you move on with your life.

Tips on how to sell your house quickly

Even if the market is in full swing, selling a house quickly can still be a very stressful experience. Luckily, there are a few things you can do to increase the likelihood of a quick sale:

Choose the best time to sell your home

While there are always a large number of househunters on the prowl at any given time throughout the year, there is a marked difference in market activity between the seasons.

Traditionally the worst times to sell are always during summer and winter. A large number of potential homeowners will have children of varying ages – and as many parents can attest, the summer and winter holidays are often stressful enough without having to factor in the purchase of a new home. Moreover, during the summer months when the weather is nice, people try to avoid stress by going on holiday – a lofty expense in itself; while around the Christmas period, the cost of travelling and presents can often leave your bank account drained.

If you can afford to wait, experts will always advise a vendor to place their home on the market in either spring or autumn.

In spring, the longer days not only encourage buyers to look around for a new home, but the additional light also helps to make a house seem more aesthetically pleasing and bright than in winter. Additionally, if you have a garden, the warmer temperatures and sunshine will help your flowers bloom – a welcome sight for any potential purchaser.

In autumn, buyers with children will have a bit more time on their hands once all the schools are open again. Furthermore, those who missed the spring bubble will be keen to buy and settle in before the temperatures begin to plunge again.

Prepare your house for a quick sale

Despite all the effort you put into making your home visible to potential buyers, if it doesn’t look desirable, the chances of achieving a sale in a short time frame are very slim. So why not do everything you can to make your home as attractive as possible? It may seem obvious, but a large number of houses don’t sell simply because the owners haven’t bothered to make it look appealing to a potential buyer.

Ultimately, learning how to sell a house fast isn’t easy – but it’s always worth doing everything within your power to encourage your home to stand out from the crowd, and remind yourself that upon completing the sale, it will have all been worth it.

Looking for a fast house sale? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How much are estate agent fees?

If you’re looking to sell your house fast, there’s a good chance that you’ll be on the lookout for an online or high-street estate agent. However, with so many agents around the UK, it can often be hard to find one that you can trust to sell your house successfully with an offer as close to your original asking price as possible.

The quality of an agent can often be hard to judge. Many agents seem to request a ridiculous fee as payment, while others appear to undercut the competition significantly, but how can you – the client – know whether or not they are worth the requested payment percentage based on current sold house prices?

How much should I pay the estate agent?

With few exceptions, estate agent fees are always calculated on a percentage basis from the final sale figure for the property they are representing. As a vendor, you should not be expected to make any additional payments for any service related to the sale of your home. Of course, certain agents will offer – for an additional cost – to promote your listing above other similar listings on online portals such as Rightmove – but remember, it is in the agent’s best interests to sell your house in a short time period for as much as possible, and so most reputable agents will cover the cost of premium listings themselves.

So how much commission does an estate agent make? Across the UK, the average fee is around 1.3% of the final sale figure. Like many things in life, you get what you pay for, and consequently it’s worth being a little suspicious of estate agents whose fees are undercutting their competitors drastically – any agent worth their salt would never de-value their brand in such a way. Conversely, it’s also worth being suspicious of agents who overcharge their clients significantly unless it is clear why they do so, and whether their track-record in sales is productive enough to warrant the extra cost.

What are an estate agent’s fees?

An estate agent’s job is to promote your home to potential buyers who are looking to buy in the area. These may be local families who are planning to upsize, retired individuals who are looking to downsize, or even people from hundreds of miles away that need to move to the area for a job. Ensuring that your property is viewable by all potential buyers is no easy task – hence the sizeable fee. Using various mediums such as online portals, word-of-mouth, local and national advertising, an effective agent will be able to target those who are open to the possibility of purchasing. The fee that an agent charges also covers the man-hours involved by staff, operational overheads, valuation costs, and promotional materials for your home such as professional photographs and well-written descriptions.

However, it is important to remember that although an agent will provide you with a percentage quote, this does not mean that you can’t negotiate. Thanks to the competition amongst agents, there are certain situations that allow you to haggle:

How to sell a house without an estate agent

Luckily, if you’re a vendor who would prefer to avoid the hassle of dealing with agents, there are other options. If you can spare the time, you can always try to sell the house yourself – although as many others can attest, this route can be absolutely exhausting. Other options include the use of house buying companies such as National Homebuyers, who will happily buy any house, regardless of location or situation for a competitive fee – perfect for those who need to move house in a limited time-frame in order to move on with their lives.

Looking for a fast house sale? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

Can you sell a house with asbestos in the UK?

Across the country, there are a number of older properties that still contain the toxic material, and its presence can often deter potential buyers for good reason. So how do you sell a house that contains asbestos?

Asbestos is a silicate mineral has been mined for over four thousand years around the world. With a wide range of uses, it was often hailed as a ‘wonder material’ by many prominent historical figures throughout the Roman Empire and Persia.

Why is asbestos dangerous and is it illegal to sell a house with asbestos?

Categorised into six separate classifications, it’s easy to see why asbestos was heavily used in UK property construction during the 20th century – it was resistant to fire, did not conduct electricity, and was an excellent heat insulator – but most importantly, it was mined locally and therefore extremely cost effective.

While the different available forms of asbestos vary in their potential to harm those who come into contact with it, they are all linked to a condition known as asbestosis. During its manufacturing process and implementation in many types of construction, the dust that was produced contained sharp asbestos particles that often found their way into the lungs of workers, cutting and scarring the delicate tissue inside and frequently causing tuberculosis and fibrosis. In the US alone, the handling of asbestos has led to the deaths of approximately 100,000 people since records began.

In the modern era, large-scale mining in the UK started in the late 19th century, but despite the first asbestos-related death occurring in 1906, it took until 1985 for the first partial ban to be passed through parliament.

While it isn’t illegal to sell a house with asbestos, for homeowners in the process of selling a house containing the material, the number of steps required to find a buyer can be a nightmare. But what measures need to be undertaken in order to sell a house fast?

Asbestos disclosure when selling a house in the UK

Since the repeal of the Property Misdescriptions Act in 2013, all sellers are obliged to disclose the presence of asbestos during a sale. Of course, owners are not expected to detect the presence of asbestos in their home by themselves, but more than likely this information will have been uncovered by a chartered surveyor before they moved in.

In a large majority of cases, a seller will also be using a surveyor to determine the value of their home prior to placing it on the market, and their estate agent of choice will likely query the presence of asbestos based on the age and construction type of the property. Generally, any home built before 1978 could contain the toxic material, and a failure to detect the presence of asbestos in these instances could open up both the surveyor and agent to prosecution.

However, in many cases a surveyor would only be liable if asbestos was detectable by reasonable means – i.e. a surveyor cannot be expected to detect its presence through a solid wall or other unreachable areas.

How can I sell a house with asbestos?

If a surveyor’s valuation or agent’s report have determined that there is asbestos in your house, then further inspection is needed by a qualified professional who will be able to establish whether or not it could endanger the lives of those living within the property. It is important to note that asbestos does not pose a threat if it is in good condition – it is only when the material has been damaged or disturbed that its removal may be warranted.

If the material is in good condition then the law merely requires the seller to disclose the information to potential buyers and it is up to the latter to decide whether or not it is worth pursuing a purchase. If the asbestos, however, is found to pose a hazard to health then the situation can become a little more complicated.

Asbestos removal can be expensive, with average prices reaching £75 + VAT per sq. m – so even a small 6m x 5m ceiling can reach £2200 + VAT. For a seller, it comes down to a choice between having the material removed themselves at great cost, or placing the house on the market at a reduced rate to encourage a sale – although the number of potential buyers is likely to be limited due to health concerns.

House buying companies, however, are always happy to offer competitive prices to owners regardless of the presence of asbestos. Those looking to move house in a short time-frame often find this to be a preferable method, with sales completed in as little as two weeks.

Finding it hard to sell? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

Selling a hoarder’s home

While many people enjoy tuning into reality television shows that expose the nightmarish conditions within which many hoarders live, the reality behind the ratings push is often much more morbid.

Many of us know, or have known an individual who lives in a hoarder house, and are more than aware that the problem has its roots in mental illness. For older people who lived through the Second World War, the lack of available provisions and luxury items at the time led to a shift in mentality where the idea of discarding unwanted or unnecessary items could come back to haunt them if they ever faced the same situation. For others, it is an offshoot of obsessive compulsive disorder (OCD) and depression – believing that an item they no longer need could be either useful in the future, or has a sentimental value that elevates its status above that of a simple ‘object’.

As hoarding itself is surprising prevalent across the country – albeit at different levels of severity – it often affects not just the hoarder, but their friends and family also. Moreover, hoarders themselves are more likely to suffer from depression, social anxiety, and various other disorders that heavily impact their mental and physical health. And sadly, as a result of these ailments they are far more likely to die earlier, leaving their nearest and dearest with the unpleasant task of selling a loved one’s hoarder home.

On the other hand, a hoarder may simply be trying to move so that they can fight the illness and make a fresh start, and in these situations, they are hoping to sell their house fast before they have a change of heart.

Obviously, a hoarder home is often unsellable as it stands, and so a number of steps must be taken to make the property seem appealing to those who are in the market to buy. But how do you go about selling a hoarder’s house?

Cleaning a hoarder’s house

An important realisation to make early on in the process is to be aware that you need more than one person to see the task through to completion. Not only is it dangerous to clean a hoarder home by yourself in case of an accident, but also because of the sheer scale of the task. While there are many companies who are happy to be sub-contracted to carry out the cleaning, they are unlikely to have known the hoarder on a personal level, and as a result they may find it hard to differentiate between the accumulated items that bare no value, and those items that are genuinely important or carry a true sentimental value to the ex-resident. By overseeing the project, you can ensure that important memories are kept safe by employing people you trust to help.

In order to put a hoarder house up for sale, it must first be habitable and safe. So, if you find yourself tasked with a hoarding clean up, there are some important rules to be followed.

1) Make the necessary safety arrangements

Due to the sheer number of objects, a hoarder house will have been hard to keep clean. It is, therefore, of paramount importance to wear the right protective clothing in case you run into any issues that could directly affect your health.

2) Hire skips for disposal

It is surprising just how many items can fit inside a home. In many cases, a small two-bedroom house can hold up to several skips worth of refuse, so be sure not to underestimate the situation.

3) Gather your cleaning supplies

Some of the key supplies needed throughout the clean-up will include: heavy-duty leak-proof refuse sacks; receptacles for items you aim to keep; both light and heavy-duty cleaning agents; disposable sponges, mops and cloths; a vacuum cleaner; and commercial carpet-cleaning equipment.

4) Empty the house

For anyone looking at buying a hoarder house, it’s much easier to see the property’s potential if they can see the layout in all its glory – so get your team to start with a single room, separating out items that need to be kept from those that can be disposed of, and start filling the skips. Once the first room is complete, move onto the next.

5) Start cleaning

Using the cleaning supplies, start sponging down walls, windows and windowsills before utilising industrial strength cleaners in rooms such as bathrooms and kitchens to remove any residual bacteria. There are likely to be many things in the house that are unsalvageable such as soiled carpets and curtains, as well as dis-coloured and damaged wallpaper – so prepare yourself for several days of elbow-grease.

It is also important to find the source of any unpleasant smells – if a hoarder has had pets, you may find that certain floorboards are soaked with urine, and they will need to be replaced.

6) Start restoring

Once cleaned, your can start making the home look habitable again. Go for neutral-colours when painting the walls and ceilings, and ensure that any out-dated equipment such as old ovens and microwaves are removed and replaced. It’s also a good idea to check the heating systems, as boilers in a hoarder’s house are unlikely to have been serviced in recent years.

Selling a hoarder’s house

Once you are ready to sell, the majority of the hard work will be behind you. Look for a local agent with prior experience with hoarder homes, but ideally, hire the photographer yourself. A true professional will always know the right angles from which to snap a shot, and through the use of a wide-angle lens make the home itself seem much more spacious.

For those who would prefer to avoid the traditional route of selling a house, you can also try hosting open days where in a preferred time slot, anyone who wants to look inside can come and show their interest.

Alternatively, you can contact National Homebuyers who will offer you a competitive price for the home, with the benefit of a fast sale within two weeks regardless of situation or location. And remember, if you would rather avoid the task of cleaning the house yourself, house buying companies will gladly offer to do the hard work for you once it is purchased.

Are you desperate to sell a hoarder home? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How to sell a house that needs work done

For those who need to sell their house fast but don’t have the time to renovate, finding a buyer willing to pay a decent sum is hard work – so how do you maximise your profit?

Many individuals purchase a home with the hopes that, over time, they can renovate it. However, by the time they need to sell, they find that they have either never had the time to commit to making the necessary repairs, or simply lacked the motivation to do so.

The house, if sold, may provide a better return than the price it was purchased for, but the likelihood is that it will fall well-short of the asking price the vendors were hoping for.

Luckily, if you are selling a house that needs repairs, there are steps that you can take to ensure you attract the right kind of buyer who sees the potential in your home, despite the obvious drawbacks.

So, what are the important repairs to make when selling a house?


Deciding which features are worth spending money on is always a bit of a gamble, but the best way to get the most out of your sale is by putting yourself in the shoes of a potential buyer, and identify issues from the outside-in.

If you were to look upon your home for the first time, what would be immediately obvious? For many houses, the front elevation can be easily improved by re-varnishing wooden window and door frames – as well as ensuring that the windows themselves are kept clean. It’s also worth looking at the possibility of purchasing a new front door if your present one is beginning to look a bit shabby.

For many city houses, a build-up of carbon from road traffic can also make a home look tired and undesirable. So why not hire a pressure washer to dispel the decades of unsightly pollution and make your external walls look brand new?

Other peripheral features that are easy to tidy up include gardens and yards. By using weed-killer on paths and flower beds as well as re-gravelling your driveway and re-seeding your lawn, you can easily show that the house itself is well cared for, providing a great reason for buyers to enquire further.

Inside the home, there may of course, be a number of obvious issues that need attention such as damage to walls and doors – much of which can be taken care of with a liberal application of filler – but what about the less obvious details?

Many sellers choose to replace flooring in preparation for a sale, but it is worth noting that the majority of buyers will be replacing the floor themselves at some point, no matter how pleased you are with the present style. So why not save yourself money and time and hire a carpet cleaning machine which can easily remove years of dirt and discolouration.

So, what else should you consider when selling a house that needs repair? Regardless of your preference for colour and style, remember that you need a buyer to see the potential in your home, so make sure that all walls are painted in neutral colours such as cream, white, or lavender. While a paint job may take up a few weekends, the increased saleability of the property will make it all worthwhile by the time you finalise a deal.

What about a house that needs major repairs?

The roof may be starting to sag – but is it leaking? The foundations are not in the best condition – but do they pose a threat to the house in terms of stability? For serious issues, there is little point trying to pretend they don’t exist.

Any self-respecting buyer or developer will undoubtedly employ a structural surveyor prior to purchase, and if these structural problems end up being exposed in a Homebuyer’s Report after you have tried to conceal them, any trust a buyer has invested in you will disappear.

If a potential buyer is aware of an issue before a sale, however, it is a lot easier for you to negotiate the cost of repair into the asking price itself. In situations such as these, honesty is king.

Of course, you can fix serious defects yourself prior to selling, but it is worth remembering that the amount you spend on the repairs may end up costing you more than the return you gain after a sale – so temper your hopes and expectations.

Selling a house that needs repairs done

Selling a house that needs repairs is all about knowing your target buyers, the majority will fall into the following categories:

All of these potential purchasers will be aware that the home will need some renovation, but their urge to buy – especially in the case of bargain hunters – will allow them to see past many of the flaws your house exhibits.

It is worth, however, being a little savvy if dealing with flippers, developers and landlords as these individuals are professionals, and will go out of their way to secure a price that maximises their profit, not yours. This can be remedied by having a valuation carried by an impartial third-party surveyor complete with an estimate of value once all repairs have been carried out. This ensures that you know where you stand with regard to the value of your home, and gives you further ammunition when dealing with particularly ‘hostile’ buyers.

Need to sell but no time to renovate? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

Why can’t I sell my house?

If you find yourself in the unenviable position of being unable to sell your home, fear not – as there are always steps you can take to maximise your chances of a successful sale.

Selling a house is often described by those who have been through the process as a complete and utter nightmare. However, many of these people do not view the actual ‘sale’ as the greatest source of stress – that special award goes to the strain of praying that the timing of your sale, the timing of your purchase, and completion of the relevant paperwork are all completed within a reasonable time frame.

For a surprisingly large number of vendors, a planned purchase often falls through as a result of a failure to sell their own house, with a prospective buyer letting them down at the last moment. If you’re in this position, you may be asking yourself “Why is my house not selling?” Luckily, in this blog we’ll be looking at some of the most commonly cited reasons.

Why won’t my house sell?

There are a wealth of motives for a buyer to pull out of a sale – however it is important to note that being able to address these issues is not always within your control.

Bad presentation

Have you ever looked, and we mean really looked at your house? Have you ever stood back and put yourself in the shoes of a prospective buyer who’s trying to work out how much your house is worth to them? It’s often easy, as a homeowner, to ignore the lack of varnish on the window frames, or the bad paintwork on the lower half of the front door – but as a buyer, these things stick out like a sore thumb. For many individuals who are in the market to buy, cluttered window sills, a front yard or garden that is overrun by weeds, or even uneven paving can severely limit the likelihood of a viewing becoming a purchase.

Overpricing

Many homeowners mistakenly believe that buying a house guarantees a higher return upon its sale. The market itself can fluctuate in strength depending on the political landscape, area re-development or even time of year, and consequently, many owners end up asking themselves “why won’t my house sell?” even though they have placed their home on the market at a price 20% higher than a comparable property nearby. Most owners should expect to be low-balled with initial offers, and so a slightly higher asking price can be acceptable – but outlandish figures are guaranteed to deter buyers.

Location

Those who have owned their homes for a long time may realise that local amenities and services that were once available nearby are no longer there. Alternatively, maybe the area within which the house is situated is no longer a great choice for locals due to a lack of nearby jobs. As mentioned earlier, the political landscape can transform the attractiveness of any given region in a relatively short length of time. As a result, the reasons that led to you originally buying the house may no longer be valid for potential buyers.

Anti-social behaviour and crime

Do you live in a deprived area where crime is on the rise? Have you, in the past, had to deal with difficult neighbours? While many buyers forget to check crime statistics, they will often check with their agent and other nearby residents regarding day-to-day experiences on your street and whether or not there are any reasons to avoid a purchase. And unfortunately, even the odd disgruntled neighbour will be enough to put them off.

So, what can I do if I’m struggling to sell my house?

Luckily, some of the aforementioned issues can be easily rectified with little effort. In terms of presentation, a pot of paint and varnish from the local DIY store are a great investment to really make your home stand out from the crowd. You could also invest in a new front door to gain a buyer’s attention, as well as use weed killer on your garden or yard. Many sellers even hire power-washers to remove the build up of carbon that often leaves the outer walls of their homes looking shabby and undesirable. In short, a little effort goes a long way to encourage a sale.

If you do need to sell your house fast, it may be worth taking a small hit financially to ensure a sale in reasonable time. You can, of course, leave your home on the market for months, but the longer it stays on the market the more questions prospective buyers will have – and in all likelihood, an agent will advise you to lower your asking price after a certain length of time regardless. Getting the asking price right is an important part of encouraging a quick sale, so consider employing a surveyor to carry out a quick valuation of the property.

Unfortunately, when it comes to location or crime, there is little that you, as a seller, can do to increase the likelihood of a sale. If there are nearby amenities or services that are not immediately obvious to those who are not local, it can be worth writing a pamphlet containing any relevant information for anyone who comes for a viewing. Even better, realise that many prospective buyers will have different priorities to you, and that your worries about the distance to local services may not be an issue to them.

If you are aware of an increasing level of crime in your area, you can always appeal to your local council to have a greater police presence in an effort to reduce the frequency of offences nearby. You can also apply to the council to have graffiti removed, as well as damage to public property such as pavements and road signs fixed. Many residents in undesirable areas even form Neighbourhood Watch schemes – investing in CCTV cameras and community spirit to keep wrongdoers away.

Of course, sometimes you can be left screaming “Why is my house not selling?!” after months of exasperation due to viewings that never lead to an offer. But this doesn’t mean that you can’t sell. Luckily, there are property buying companies such as National Homebuyers who will buy your home for cash regardless of location or situation – and with most sales completed from start to finish in as little as seven days, you can savour the chance to finally move on with your life.

Can’t sell your home? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or 

request a call back

 to find out how much you could get for your property.

How to sell your house without an estate agent

Selling a house can be a stressful experience. Even so, more and more sellers are choosing to decline the use of an agent in favour of more profitable options.

For the majority of people looking to sell their house fast, the use of an estate agent seems like a great idea. While agents do take a cut of the profits, many sellers prefer to avoid the stress of self-marketing and will happily pay to avoid the headaches.

However, with the advent of numerous online property portals; the increased ability to reach a wider audience of potential buyers through social media; and the ability to cut down on expenses – as a seller, you may find yourself wondering whether it’s possible to learn how to sell your house without an agent.

It is, however, important to realise that in most cases, managing your own sale requires a great deal of time and devotion, as well as being ‘available’ 24/7 to take calls regarding offers and general enquiries.

In this blog, we will be looking at the most popular methods you could employ when setting out to discover how to sell your house yourself.

Make your house sellable

As with all planned property transactions, a buyer is less likely to buy if they view a house that is unkempt and messy. When you use an estate agent, you can often gain pointers from their sales specialists with regard to making your house marketable. When you decide to shoulder the responsibility yourself however, you need to make the judgement calls on your own. Luckily, there are a huge number of internet-based resources that can help you bring your house up to showroom quality.

Once your house is in tip-top shape, consider employing the services of a professional photographer to take the marketing pictures. Photos taken by amateurs often stand out a mile in listings by making your home look ‘cheap’ and claustrophobic – whereas a professional, by comparison, can make your home look open, palatial and desirable.

How to sell your house yourself

No matter which method you choose, it’s always important to learn the value of your home. Set the asking price too low, and you risk losing a vast amount of your investment – set the asking price too high, and you risk deterring potential buyers and finding yourself waiting a long time for the possibility of a sale.

In these situations, it’s always a great idea to employ an RICS-accredited surveyor to carry out a valuation. With a much lower price than a homebuyer’s report, a valuation is an important step in finding out how to sell your house without an agent.

Choosing the right path


Many vendors choose to employ the services of auction houses in an effort to sell fast. However, it’s important to remember that most buyers at auctions are there because they’re looking for a bargain. While unusual homes and derelict houses at the lower end of the scale tend to make the seller (and auctioneer) a lot of money, an average standard house is liable to perform less well during the bidding process.

Even if you set your reserve price at the price point advised by your surveyor, many auctioneers will forgo the chance of including your home in their auction if they feel the price won’t entice enough potential buyers. It’s also worth remembering that auctioneers make a great deal of money in commission from both the seller and the buyer if the property sells – and even if your house does not sell during the auction, you would still liable for the attached administration fees.

Luckily, there are alternatives. Online property portals such as Purplebricks or Tepilo offer you the chance to sell your home through their websites at a fixed fee, rather than a percentage-based fee with an agent. However, as with many great offers, there are strings attached.

Many property portals require you to use their services for valuations – services that have, on many occasions, required additional fees. There have also been numerous complaints against Purplebricks that have been upheld by the advertising watchdog regarding misleading marketing claims. For example, the obscuration of the fact that the fixed fee itself is payable whether or not your house manages to sell, and their 2016 claim to save a vendor an average of £4,158 in fees versus standard estate agents, which was heavily criticised due to the fact that the claim was based on commission figures published five years previously.

Ultimately, any company that is willing to help you sell your house is doing so with the aim of making a profit – and so it is up to the client to read the small print before deciding to sign on the dotted line.

Cheaper alternatives?

we guarantee to buy any home for cashIf you wish to find out how to sell your house yourself without having to deal with additional commission fees, there are better options, and these are house buying companies.

Companies such as National Homebuyers offer you the chance to sell your home in as little as seven days – great for those who need to move house fast due to a change in personal circumstances. With a small upfront fee that is refunded upon completion of the sale, National Homebuyers will buy any house for cash, regardless of condition or location for a competitive price – even offering the seller additional financial support to cover any legal fees associated with the sale.

With an ever-increasing number of satisfied customers, why not make an enquiry and see how easy the house selling process can be?

Prefer to avoid estate agents? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

How to sell your house quickly

So, you’ve decided to sell. But what steps can you take to ensure that you find a buyer within a reasonable time-frame?

Moving home is hardly the most stress-free experience for the majority of us. Once the initial excitement of deciding to sell and move on has died down, we’re left with the task of ensuring that we gain offers similar to our asking price.

Once the property is on the market, the first week or so can be a little exciting as you wait for that first viewing to get booked. Once you get to the third or fourth week without hearing anything from your agent, however, the insecurities can begin to set in.

You may even begin to ask yourself if the agent is pulling their weight with regard to the sale – or maybe it’s the house itself? As time passes, the stress begins to occupy every waking moment as you edge ever further towards the day when you consider dropping the asking price to encourage buyers and ask yourself “Could I have done more earlier on to ensure that I sell my house fast?”

And for many vendors, the answer is a simple ‘yes’. Luckily, you don’t necessarily need a degree in marketing to help the odds play out in your favour.

In order to sell your house fast, it’s often worth harking back to the perspective you personally held when you bought your own home. For many people, despite the scale of the potential purchase, the decision to buy is often made within an hour of viewing a house – so what can you do to maximise your home’s desirability to a buyer?

Choose your season

For those who wish to know how to sell a house fast, it’s worth biding your time until the majority of buyers are looking. So, when is it best to place your home on the market?

During the winter, the shorter days and poor weather can make any house look a little dreary, and there are few vendors or buyers looking to sell over the Xmas period. During summer, a large number of parents are busy looking after their children while they’re off school, and many people are busy planning a getaway to sunny locations abroad.

Traditionally, the best times to sell are during either spring or autumn. The kids are in school, and there’s still enough sunlight to flaunt the attractive external aspects of your home and garden – but more importantly, these are the seasons during which the bulk of potential buyers are active.

Clean and declutter

No matter how you decorate your home while you live there, remember that when you are selling, you are advertising. Knowing how to sell your house quickly comes down to helping potential buyers feel comfortable with the thought of living there.

A house which is unkempt or full of clutter will barely gain a second’s thought from the majority of buyers – especially when they most likely have several other properties to view that week.

It is also worth remembering that applying a little elbow grease around the property can’t hurt either:

  • Have the windows been cleaned recently?
  • Could the front door benefit from a quick re-varnishing?
  • Are there walls inside that could enjoy a fresh lick of paint to make them look their best?
  • Have you weeded the garden and driveway for their arrival?

Nobody expects you to pull off a TV-style makeover, but a little effort goes a long way.

Use natural light

During viewings, make sure that you keep curtains drawn back, blinds rolled up, and that they are scheduled when the sun is out. Natural light helps a house feel more spacious and airy and you should use it to your advantage.

Maintain showroom quality

It’s not easy to keep your house looking perfect 24/7, even when you’re trying to sell – but it is important to try. Cleaning as you go is a great way to avoid being caught off-guard by a surprise viewing on short-notice – and learning how to deal with surprise appointments is a great way to learn how to sell a house fast.

Promote your neighbourhood

When we purchase a home, we usually have to factor in the additional benefits its location presents. Sometimes we buy because of its proximity to local amenities such as shops and leisure facilities, other times it’s because it happens to be in the same district as a renowned local school.

Whatever your reasons were for originally purchasing your house, make sure that you pass on this information to your agent, or through a welcome pack for potential buyers to read while they come for a viewing, reminding them that the services on your doorstep are part of what makes your home such as bargain.

Be prepared to say goodbye to certain appliances

Sometimes we love to indulge ourselves with a few fitted appliances in either our bathrooms or kitchens that really make living in our homes a joy. When we move, however, it can be quite tempting to bring that luxurious gas fire, expensive oven or fridge/freezer with us.

Nevertheless, if those appliances are a focal point of the décor in your home, most buyers would assume that they are included in the asking price – learning to let go of some of your favourite purchases is an important part of learning how to sell your house quickly.

Know when it’s time to reduce your price

You could have the perfect home, the perfect location, and the perfect time of year – but sometimes, luck just isn’t on your side. Knowing when to lower the price of your home is an important part of the house-selling process – and if approached with a strategic mindset, can really help encourage buyers.

Therefore, before you place your home on the market make a decision at which point you would consider lowering the price, and also by how much.

While we all aim to achieve our original asking price, it’s important to temper expectations with reality, and don’t forget, it’s better to lower the price earlier before the home has been on the market so long that buyers begin to question its saleability.

Gain additional planning permission

Does your home offer a number of opportunities for extending? If done correctly, adding an extension to a home is usually a sure-fire way to guarantee a greater return on your investment.

Sadly, many of us do not necessarily have the financial reserves for extending our homes – but the people who are considering buying your home, however, may have deeper pockets. Take advantage of this by gaining planning permission for any possible extensions and make sure that you notify any interested parties to make buying your home seem an even more attractive proposition.

Are there any tips and tricks that can be used to sell my house fast?”

Most people try to be as objective as possible during viewings – tallying the number of rooms needed, checking for ample storage space, as well as deciding whether or not the garden is big enough.

What many viewers don’t realise is that it’s often the subjective, subliminal side of their minds that help them settle on a potential purchase. So why not try the following?

  • Don’t let an amateur take photographs of your home. The photos are the first thing a buyer will see at the agents, and great photos can make your small family home look palatial.
  • Turn on the central heating 2-3 hours before they arrive – warmth can easily sway a buyer’s opinion in your favour.
  • Spray a little furniture polish on the radiators while they’re heating up – the scent often evokes feelings of nostalgia and comfort.
  • A bowl of fresh fruit, or a pot of freshly brewed coffee on display can easily encourage a buyer to see your house as a home.
  • Clear drains using caustic soda to eliminate any smells from bathrooms and kitchens that may otherwise deter those looking to buy.
  • Try to use a combination of secondary lighting such as floor lamps as opposed to a single fixed ceiling light to prevent the rooms from feeling too sterile.
  • Add a few plants in and around communal areas. A bit of nature can add a little variation to your standard décor.

Of course, you can make all the effort in the world to make your home look beautiful, but it’s all for nothing unless you have a good agent – so ask around and make sure you find the right one for you.

If you do need to sell your house fast and would prefer not to deal with estate agents, however, remember that you can always use property buying companies who will buy any home, regardless of location or condition, at a competitive price.

Looking to sell your home? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

When is the best time to sell a home?

As many property professionals can testify, the housing market can be volatile – but that doesn’t mean there aren’t steps you could take to maximise your chances of a quick house sale.

The period between the day you place your home on the market and the day you finally sell can be a nightmare. Sellers often find that the daily regime of keeping the property at ‘showroom’ levels of cleanliness can drive them mad – and that’s without the ritual of waiting by the phone after a viewing for that all-important call.

If you are looking to sell, surely then, it would make sense to try and reduce the length of that time period and sell your house fast. Luckily, those who have spent any length of time in the industry will soon learn when to sell a home with regards to seasons – and the differences can be staggering.

When’s the worst time to sell a property?

Despite the differences between us all, most members of society tend to have similar routines throughout the year – and as a result, it’s clear there are times when you should avoid trying to sell:

  • Parents tend to be busiest during summer and Christmas thanks to the horror of having the kids at home 24/7, and they can’t imagine dealing with the stress of looking for a new home.
  • Many workers aged 18-45 tend to go on holiday during the summer – and with the steadily rising prices, it’s unlikely they will have too much spare cash at that time of year even when they get back.
  • During the darker months, a house can lose its ability to impress potential buyers, yet this is academic as most potential house buyers would prefer to avoid house-hunting whilst it’s cold out anyhow.

So, when is the best time to sell a home?

We know from the above reasons that it’s best to avoid both summer and winter – but what are the advantages of putting your home on the market during spring?

  • The longer days allow more potential buyers to view your home in all its glory without rushing.
  • The newly blossoming trees and flowering shrubbery in your garden can be a big pull for many buyers.
  • Parents whose children are coming up to school age will always aim to move into their preferred school district ahead of time, and before the kids break up for summer.
  • You can always guarantee that more people will be browsing the property market during spring.

Another great time to sell is autumn. It may not be spring, but the browns and reds on the trees always offer romanticised imagery for those people looking for a place to call home. By the time autumn comes around, the excitement of summer has faded, and there’s still plenty of time before Christmas so many buyers will be looking to make an offer and complete before the end of the year.

Why is it important to learn when to sell a property?

In a word, stagnation. If you place your home on the market in mid-November, you may still be looking for a buyer by the time February arrives – and this often makes buyers question why the house has been on the market for so long.

Does it have structural issues? Are the owners a nightmare to deal with? Is it overvalued? It doesn’t take much to scare off buyers, and nobody wants to buy a house that won’t sell.

Luckily, the seasonal differences in the housing market do not vary between regions, so you should be able to sell within 4-6 weeks during the stronger months – so there is little to no reason to take a chance at other times.

Is your house failing to sell? Even during the busy months? Why not ask National Homebuyers for advice, as we buy any house. Call 08000 443 911 or request a call back to find out how much you could get for your property.

Why Do People Use Quick House Sale Companies?

There are numerous reasons as to why do people use quick house sale companies. These can include circumstances such as through divorce, retirement or the need to relocate.

Perhaps they need to sell your property quick because you are close to losing your house due to financial difficulties. Or you might have inherited a property and want a quick sale because the house needs extensive repair work.

As you would expect; selling your home in these situations can be incredibly stressful, especially when the housing market is slow and stagnant. Selling your property the traditional way through an estate agent isn’t always practical for your needs and this has led to the fundamental growth of people using quick house sale companies. So there are many life situations and events that would warrant people wanting to use a quick house sale company.

What are quick house sale companies?

Quick house sale companies are those companies that offer to buy your house for cash fast. Quick house sale companies achieve this by buying your house directly using their own cash, or they find a third party buyer extremely quickly.

Reasons to use quick house sale companies

Here are some of the reasons why do people use quick house sale companies:

  • Avoid repossession or sort out financial issues
  • Sale of inherited property
  • The need to relocate quickly due to a new job
  • Sell as a result of divorce or relationship breakdown
  • Your current property chain has broken down
  • House isn’t selling through a traditional estate agent
  • Found your dream home and need to sell your house fast
  • Major problems with your property or neighbour affecting the sale

The one consistency that is evident in the above reasons for selling is the fact that these people wish to release the equity they have locked in their home as quickly as possible. This can be achieved in a matter of weeks when you use a quick house sale company.

A quick home sale solution that you can trust

We cannot stress this enough; beware of quick sale companies who promise you an instant valuation of your home. This offer will not be a true reflection of the value of your home and you can expect the offer to decrease in price at a later date.

National Homebuyers, a leading quick house sale company, is committed to providing our clients with a quick house sale solution that you can rely on when you need to sell your home fast, or when you just want to unburden yourself from the stress usually associated when selling via more traditional methods.

To get a cash offer for your home, why not apply online or request a call back from our friendly customer care team? Or, if you prefer, simply give us a call on 08000 443 911 and we will guide you through our quick house sale process.

We buy any house, in any condition, anywhere in the UK.

 

 

Top Tips For Renovating Property: Maintenance And Refurbishment

Property maintenance and refurbishment can be a risky business, especially in the current housing market. House prices have not bounced back to pre-2007 levels and properties need to be refurbished to a high standard in order to achieve a sale in a realistic time period.

 

Here are our top tips for property maintenance and refurbishment that will help you make a profit when selling your home.

1If you are planning major redevelopments, make sure that you have the finances in place to cover the entire works, including a decent sized contingency fund in case things don’t go entirely as expected. A property that is stuck at the halfway point of property refurbishment is likely to be worth less than you originally paid for it!

2If you are buying property with the intention of refurbishing it and selling it to make a profit, you need to make absolutely sure that you buy the property as cheap as possible and cut costs as much as you can when carrying out the works. Doing the work yourself and saving the cost of expensive tradesmen will enhance your profit margin, but remember all works must be completed to a good standard. If you do not have the property maintenance skills to complete the job, it is better to employ someone in the first place, rather than having to pay someone to rectify any mistakes you may make.

3Don’t take on a property refurbishment project that you can’t handle. If you are new to the world of property maintenance it’s best to start with less challenging properties. Ideally, properties that just need decorative work are the best starting point. This type of property puts off the majority of buyers as they are ugly, by today’s standards, and most people are looking for a property they can move into straight away. As you get more experienced in renovating property you can take on houses with more work needed and potentially make bigger profits.

4The best way to add value to a property is to add square footage. Extending a property, when done right, will automatically boost its value. It is important to thoroughly research how much it will cost and how much value it will add to the property first, to ensure that it is a viable option. You don’t want to spend £15,000 adding a bedroom only to find out that it only adds £10,000 to the value. You also need to make sure that it will appeal to its target market. For example, dramatically increasing the number of bedrooms, but not living space is a bad idea as not many families will want a 5-bed house with only one reception room, unless it is priced cheaply.

5Always keep in mind the end goal: selling the property to make a profit. It is very easy when in the throes of property refurbishment to get too attached to the project and fit it out with fixtures and fittings that are to your own taste. It is important to remember that a neutral theme will always sell better at the end of the process and it is not worth paying more for a kitchen because it is the one you would want. If you fall foul of this trap you will be lucky to recoup the money you put into the project, let alone make a profit.

6If you are not planning on selling the property once refurbished, but want to rent it out instead, you need to think about the on-going property maintenance that may be required. It could well be worth refurbishing the property with more hardwearing materials in the first place, as you will only incur extra costs to replace worn or broken items in the future. A good hardwearing carpet and durable paint are worth paying that little bit extra for, as it will reduce the cost of the on-going property maintenance required.

Whatever your reasons for refurbishing a property, it is always important to decide on a budget and then stick to it. Keep track of your outgoings and keep an eye on the housing market to ensure that you do not lose money, as so many new property developers do. Property refurbishment can be a very stressful and costly process and you need to make sure it is going to be worth your while.

About National Homebuyers

National Homebuyers is based in West Sussex and have been helping to solve the UK’s property problems for over 10 years. National Homebuyers is the UK’s leading property buyer, assisting thousands of people by offering a unique service and specialising in a quick and hassle free sale for your home – We buy any home.

If you have a property or house you are trying to sell fast, don’t delay any longer, contact National Homebuyers to arrange your valuation today on 08000 443 911.

National Homebuyers are flying homes out the door fast for property sellers so if you want to sell your house fast then contact us today because we buy any house, any condition, anywhere in the UK for cash.

Who Is Liable For Property Damage Between Exchange And Completion?

Property damage is anyone’s worst nightmare, especially so close to Christmas. For those that are in the process of purchasing a property and have already exchanged contracts it is an extra concern as they do not legally own the property yet, but cannot pull out of the sale either.

Once contracts are exchanged for the sale of a property it then becomes a shady area as to who is responsible for any repairs. Most solicitors would advise that anyone purchasing a property should take out buildings insurance to cover from the date of exchange, even if the sellers do still have their own policy. This is because once contracts have exchanged you are legally obligated to complete on the sale, regardless of any damage that occurs to the building between exchange and completion. This means if you haven’t taken out insurance and the roof is destroyed by a storm between exchange and completion, you will have to buy the property and face the costs of repairing it yourself.

 

If you haven’t taken out insurance you can hope that the sellers have still got insurance, but it will be unlikely that they will want to face the hike in their insurance premiums that would result from them claiming for damage to a property that they no longer own. The safest bet is to always take out insurance to cover you from exchange of contracts, even though you do not technically own the property yet.

When you do complete on the sale here are some tips for helping your property weather the storm:

  • Establish an evacuation plan
  • Ensure gutters and drains are clear, which will allow water can drain effectively
  • Place valuable/irreplaceable items upstairs to limit flood damage
  • Secure fences and bring garden furniture and washing lines etc. inside
  • Keep insurer’s contact details to hand as it is important to report any damage as soon as possible.

National Homebuyers – We Buy Any House

Homebuyer man holding a chequeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve your aim of selling your house fast in a time scale that suits you and not us. So if you want a we guarantee to buy any home service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer form at the top of this page and take the hassle out of selling your home!

 

Resident Evil? How to Sell a Haunted House

haunted housesHalloween is very nearly upon us. The pumpkins, fancy dress parties, and trick or treaters knocking on your door expecting sweets. Whether you believe in the concept of Halloween or not, this time of year always gets everyone talking about the supernatural, the possibilities ghosts, and haunted houses.

Do you think your home might be haunted? Perhaps your flat gets strangely cold at night? Maybe you do have a resident evil? You could have a Poltergeist, a lost soul, a Kobold, a Bhoot, a Churel or a Bogle living in your home with you? Is your house the one place in your neighbourhood all the threat or treaters avoid because of all the rumours relating to it being genuinely a creepy place.

For some homeowners, a resident ghost would be a delight. A property that is haunted could be seen as a virtue, not a curse. Being haunted gives a house an air of mystery, intrigue, and history of a place. Having a resident ghost is almost an expected part of such a package when buying a period property with and an attached history.

Selling a house with a spooky history

You might not be afraid of ghosts and ghouls or see your resident evil as a positive characteristic of your property, but the reality is it can be a real problem for homeowners when it comes to selling a house that has a spooky history.

Trying to sell property that is haunted and has a chequered past can result in a 20% drop in the price of the property itself and can be twice as difficult to sell compared to a normal property according to research conducted by Move with Us, a network of independent estate agents.

They discovered that 83% of estate agents felt that a home which a has a noticeable past can lose between 11-20% of its value as potential UK home buyers are scared off buying a home with a dodgy history. This includes properties built on top of a graveyard, a former crime scene or as we mentioned rumours the property is haunted.

Tips for selling a haunted house

So you want to sell your house, but it is haunted and you are worried it will put off potential buyers.

Here are a few tips we would suggest to help you sell your haunted house:

Call the Ghostbusters!

So there is something strange in your neighbourhood? Who you going to call….Ghostbusters?? Actually, before you go calling anyone, you should figure out if your house is really haunted.

Check your floorboards or doors which might be just squeaking, check your windows or doors for any drafts of air, check your pipes for any strange noises and fix any potential flickering lights. Another thing to do is to make sure you are getting enough sleep as sleep deprivation can cause delirium and hallucinations. Just try to think logically about anything throughout the house that could be creating any situation that could be wrongly interpreted as paranormal activity.

We are not questioning whether your house is haunted or not we are just suggesting you eliminate all rational possibilities first. If you are sure that your house is haunted then now its time to call the Ghostbusters.

 

Well maybe not, but I’m sure there are companies out there providing these sorts of services. The other option, if you are plagued by an unruly ghoul, is an exorcism. Every Anglican diocese in the UK has a specialist team of exorcists ready to vanquish evil spirits for you.

Know your legal obligations

haunted house signWhy not just don’t mention the fact that your house is haunted? Most people don’t believe in ghosts anyway, right, so why say anything? There are sceptics out there who believe that ghosts are just figments of the imagination, they do not actually exist? So again why mention the fact that the house is haunted?

Looking into the legal obligations here when it comes to selling a haunted house it appears that there is no direct law stating that paranormal or haunted presences must be mentioned.

However legally you cannot mislead or give false statements regarding the sale of your property. The Consumer Protection from Unfair Trading Regulations (which replaced the Property Misdescriptions Act 1991) states that there is a general duty to avoid making false or misleading statements.

This means that if a buyer enquires into whether there has been any paranormal activity or asks if you believe the house is haunted you would be obliged to say yes if you believe that it is. If you are aware of the house being haunted and you give the buyer misleading answer and they bought your house then you have knowingly misrepresented your property — though it might be difficult to prove you knew it was haunted in the first place.

Also, estate agents are required by the NAEA to declare ‘anything that has occurred at the property that would affect the transactional decision of the average buyer’. Even though this does not directly mention ghosts, they do need to disclose any suicides and murders that have taken place in the house at some point in history.

Stambovsky v AckleyNot mentioning a house is haunted has not yet landed anyone in the UK in legal issues to date. However, in the USA they view this very differently. In a famous case of Stambovsky v Ackley in 1991, it was established that the owner had not mentioned the house he was selling was haunted and so the sale was duly rescinded – even though the house was one a ghost tour of the neighbourhood and its poltergeists were well known.

 

Make the property less spooky looking

haunted houseIt might seem pretty basic, but regardless of whether you have a resident evil or not ensure that your property is tidied up as a messy property could put off potential buyers. Make sure the rooms in your house are clutter-free because clutter makes a room lot smaller and makes it harder for a buyer to imagine living in your home. Make sure you pack away your collection of shrunken heads, bottled specimens, stuffed animals and/or creepy china dolls you may have.

The stigma attached to a haunted house is that it is dark and creepy. Try to avoid this stereotypical look by making your house as light and airy as possible by pulling back the curtains and removing any items that might block light such as vases or photo frames on window sills.

Also, as we mentioned earlier, try to fix and eliminate anything that could be misconstrued as paranormal activity like creaky floorboards, dripping taps, drafts of air and keep the property well heated avoiding the typical cold chill a creepy house would have.

Use a sell house fast company

homebuyer man with guaranteeSo you want to sell your house, but it is haunted and you are worried that will scare off potential buyers? If this is the case, one option is to not put the property on the open market at all but to go straight to a sell your house fast company like National Homebuyers.

A quick house sale company can purchase your haunted home for cash in as little as 7 days regardless of what skeletons you have in your closet or what type of ghost resides in your property. These type of companies will buy any house, in any condition within the UK, in a time-scale that best suits you and your resident evil. The benefit of a company like National Homebuyers is that they use their own funds and don’t rely on mortgages or investors, meaning they can help you sell your house fast stress-free with no fear of any property chain breaking down due to a pesky ghost scaring off the buyer.

So if you have a house or property anywhere in the UK that isn’t selling because it’s haunted then why not contact National Homebuyers who will buy your house, ghosts and all, for cash fast.

Sell your haunted house

To get a spookily fast cash offer for your haunted home then why not apply online or request a call back from our friendly customer care team? Or, if you prefer, simply give us a call on 08000 443 911 and we will guide you through our we buy any house process.

Top 10 Tips to Sell Your House Quickly

Here are some top 10 tips to help sell your house quickly:

  1. De-personalise your house
  2. De-clutter your house
  3. Make sure your home is extremely clean
  4. Finish all those unfinished DIY jobs that need doing
  5. Get rid of any nasty odours such as cigarette smoke or animal smells
  6. Make sure you go over your house with a lick of paint
  7. Smarten your house up
  8. Organise the house for better presentation
  9. Make sure each room in your house has a purpose
  10. Call in professionals – Get an estate agent to help sell your property or contact a direct property buyer who will buy your home for cash quickly like National Homebuyers

National Homebuyers – We Buy Any House
National Homebuyers are UK property buyers who will buy any house or property!

If you are looking to sell your house fast then we are here to help. Our team of property experts are always on hand to share their expertise with you and help you achieve your aim of selling your house fast in a time scale that suits you. So if you want a to sell your house fast  then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer at the top of this page.

5 tips for selling a home in winter

Selling a home in winter can be a bit challenging, but don’t worry as National Homebuyers have found this infographic which give 5 tips for selling a home in winter.

Selling a home in winter

 

National Homebuyers – We Buy Any House

National Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve you aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer on the right-hand side of this page and take the hassle out of selling your home!

First Time Home Buyer Mistakes to Avoid

For most of us, buying a home is a huge deal. After many years of working long and hard to save another money for a deposit to use for a house you are ready to go house hunting. Shopping for a new home is always exciting, exhausting but also a little bit scary because of the price tag involved. The overall aim is to end up with a home you love at a price you can afford.

So the last thing you want to do is jeopardize your chance of your dream home by making some common first time home buyer mistakes. By choosing the wrong property can affect not only your wallet, but also your welfare.

Here are some common mistake first time home buyers make and useful tips to help you avoid purchasing the wrong property.

Prioritise your needs

The first thing you need to do is decide and prioritise what is actually important in a new home. What you desire and what you actually need can be to very different things. Does the house need to be close to your job? Are you looking for a big garden? How many bedrooms do you need? Do you want a separate kitchen or open plan? Do you need a garage or parking spaces outside your home? Do you want a house you can renovate or one that has already been renovated? You’ll make a much better decision on what home to buy if you focus on your priorities.

Not checking your credit score

The ability to be able to get credit is essential when it comes to buying a new home. Knowing your credit score and how to boost it is key to making any major purchase, but especially a home. Make sure you are actually credit worthy before venturing into trying to buy a house.

Not getting pre-approved mortgage

Once you know you are credit worthy, then go visit a mortgage lender, talk to them and get a mortgage in principle. Knowing you are able to get a mortgage can help you save time in the long run because you will know exactly how much you are able to lend at this point. This then means you can focus your efforts around houses in your price range. By looking for homes that you know you can afford, as opposed to wasting time on something that’s totally out of your price range.

Falling in love with a house

One mistake people make when trying to buy a new house is that they become too emotionally attached to a particular house. This attachment can make people make an impulsive decision which is based on feeling rather than facts. When buying a house you have to stay calm and detached at all times to prevent making any quick decisions. Remember by falling in love with a property set you up for potential disappointment. The house may be too expense or someone may bid more than you which will then stretch you beyond your means financially. By lusting after properties you can have or afford can also cause you to feel unsatisfied with what you actually can afford.

Going for the top of your budget houses

The bank has reviewed your finances and told you how much it is willing to loan you for your new house. That’s great but don’t take that figure as your target for purchasing a new property. Just because you have a certain amount available does not mean you go find a house of that exact value. What your mortgage lender says you can afford and what you know you can afford are not necessarily the same. Find a property below this figure that you are more comfortable with paying which doesn’t put you too much into debt. You have to remember there are other costs involved in purchasing a property.

Neglecting additional costs

Buying a house isn’t just about the mortgage. There are many other expenses you have to consider when it comes to buying a new home outside of just simply paying a mortgage back. There are additional costs like stamp duty, legal fees, and surveyor’s fees. Unlike renting you’ll be responsible for paying building insurance and making any repairs the house needs (which will occasionally include expensive items like a new roof or boiler). Plus you then have the cost of moving to the new house so removal fees have to be factored in. Then once you’ve moved in then your potentially need to decorate the new house which comes at a cost and buy household essentials you never owned before such as additional furniture, appliances, garden supplies, and tools. All these costs add up so some money needs to be kept aside to cover all these costs.

Not getting a house survey

All homes need to have a professional property survey carried out on them even, believe it or not, brand-new ones. The sad fact is that some first time home buyers become so emotionally attached to the house and want it so badly they fail to get it checked. Before you buy a property it should always be checked over by a professional property surveyor.

A survey is vital so that you understand if there are any issues with the property before you buy such as structural problems. Just remember cosmetically a house may look all fine but under its skin, there could be rising damp, the flooring under the carpet could be rotting or the house roof which you can see too well might need to be replaced because it’s leaking. Paying for a well detailed property survey could save you money on repairs in the future.

Buying a home for the first time can seem stressful and overwhelming, and it isn’t without its share of potential pitfalls which we hope to help you avoid. But making you aware of the issues you could face when buying a home for the first time, you can protect yourself from costly mistakes and allow you to go house hunting with confidence.

For many people, buying a house will be the largest purchase they will ever make, but it need not be the most difficult if you just follow this simple advice.

National Homebuyers – We Buy Any House

homebuyer man with guaranteeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact, we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve your aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer form at the top of this page and take the hassle out of selling your home!

Trick or Treat – The Best (and Worst) Places to Visit on Halloween


As millions of children and their parents set out into the cold to go trick or treating this Halloween, National Homebuyers, the UK’s leading property buyers, can reveal the best towns to do it in to get the best results and the most sweets.

The Zoopla Trick or Treat Index ranks towns and cities across England by a combination of factors key to ensuring a successful Halloween haul. The Index takes into consideration factors such as property values, density of households, road safety and local crime rates .

50 of Englands largest towns were scored in the trick or trick index according to each data variable and the scores were then accumulated and each town ranked to get an overall score.

According to the Index it appears that Milton Keynes is the place to visit if you want a successful Halloween night this year.

With high property prices (£266,533) and the lowest crime rate of all the towns and cities analysed, means that Milton Keynes is the ideal and safest places for trick-or-treaters. Colchester came second in the trick or treat index because of the areas low crime and relatively high home values.

The top 10 best places to trick or treat

  1. Milton Keynes

  2. Colchester

  3. Stockport

  4. Bristol

  5. Coventry

  6. Wirral

  7. Cheltenham

  8. Wigan

  9. Southampton

  10. Warrington

Zooplas Lawrence Hall said: “Seasoned trick or treaters know the secrets to securing the best Halloween haul and stay safe while doing so. The combination of a high density of affluent homes along with good road safety and low crime is the key to success on Halloween.

Mr Hall continued by saying “For the optimum Halloween experience, our index shows that Milton Keynes is the place to go. Homeowners in the area might want to stock up on goodies, or else be prepared for some tricks coming their way.”

At the other end of the trick or treat index, serious sweet-hunters might want to avoid Chesterfield, Middlesbrough and Hull which were identified as the least favorable towns for trick or treating through a combination of low property values, lower population density, higher crime and greater road traffic accident figures.

The top 10 worst places to trick or treat

  1. Chesterfield

  2. Middlesbrough

  3. Hull

  4. Preston

  5. Nottingham

  6. Liverpool

  7. Manchester

  8. Derby

  9. Oldham

  10. Huddersfield

To celebrate the Halloween, National Homebuyers can also reveal 10 of the UK’s spookiest street names. Among the scariest names here Spook Hill in Dorking where the average property is valued at £651,298, Black Cat Drive in Northampton where the average home is estimated to be worth £192,587, and Goblins Green in Welwyn Garden City where average values are £303,218.

 

About National Homebuyers
National Homebuyers is based in West Sussex and have been helping to solve the UK’s property problems for over 10 years. National Homebuyers are the UK’s leading property buyer, assisting thousands of people by offering a unique service and specialising in a quick and hassle free sale for your home. We buy any house for cash fast.

If you have a property or house you are trying to sell fast, don’t delay any longer, contact National Homebuyers to arrange your valuation today on 08000 443 911.

Let our friendly sell house fast team guide you through our quick move now fast house sale process for your city such as the examples below:

How To Sell Your House Fast Infographic

How to sell your house fast infographic

 

About National Homebuyers

National Homebuyers is based in West Sussex and have been helping to solve the UK’s property problems for over 10 years. National Homebuyers is the UK’s leading property buyer, assisting thousands of people by offering a unique service and specialising in a quick and hassle free sale for your home.

If you have a property or house you are trying to sell fast, don’t delay any longer, contact National Homebuyers to arrange your valuation today on 08000 443 911.

Rent Or Buy Property: That Is The Question

Just a couple of weeks ago National Homebuyers produced a blog post that highlighted a Chelsea garage, big enough for just one car, which sold for over half-a-million pounds in October this year.  After warnings from Europe and acknowledgements from our own Prime Minister, it is clear our housing crisis is a deepening and worrying issue.

With exorbitant house prices and predatory buy-to-let investors moreover, is there any point in trying to buy at all?

Of course, with home ownership comes a sense of status which certainly has a greater impact than we’d care to admit. It is a rite of passage; with owning your own home being considered a significant step in the walk of life (I love Dire Straits). There are some signs and many reasons why our attitudes are beginning to shift however.

Let’s start with the reasons.

Alex Proud of the Daily Telegraph gave us a scathing and yet brilliant review of the state of Britain’s housing crisis last week. He highlighted the unwillingness of the baby boomers to have funded their own pensions and the demographic time bomb which is going to leave those of us under 30 working until we’re 90 years old. With the combination of both an equity-rich and a disengaged electorate leaving progressive housing policies gathering dust.

It was, in short, an extension of Ha-Joon Chang’s damning critique of globalisation and the widening gap between rich and poor that is its consequence.

That being said, it’s not just those for whom buying property seems out of reach that are opting to rent. Some are even selling to do so, but why?

One reason is equity release. Instead of having capital tied up in a property it makes economic sense to use this money to fund entrepreneurial endeavours or invest elsewhere for a greater return. What’s more, rental prices for family homes have not seen anything like the same price increases as the rest of the rental market, with renting often providing better choice.

So, should you buy or should you rent?

Obviously, there are too many factors to even think about offering recommendations. All we can hope for is a more fair-minded level of discourse in politics regarding housing policy which, I suppose, depends on the mobilisation of the electorate.

For those wondering ‘how good an investment is property’, check out Alex Johnson’s informative article in The Independent to see what he had to say on the matter.

If you do decide that you can get a better return by investing your money elsewhere and you want to sell your house fast and easily, make sure you get in touch with the UK’s leading house buying company via the ‘Get Offer’ form on the right hand side. Alternatively request a call back or give us a call on the number at the top of the page.

National Homebuyers – We Buy Any House

homebuyer man with guaranteeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve you aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer on the right hand side of this page and take the hassle out of selling your home!

Are Property Auctions The Best Way To Sell Your House?

Auctions used to be for unique properties such as churches, lighthouses and farmyards, nowadays though, residential homes are becoming more common in this arena, but why?

Although this is partly due to the popularity of TV programmes like ‘Homes Under The Hammer’, buyers attend for the same reason they always have – to bag a bargain! Whether motivated by ambitions of a career in property development or simply looking for a place to live, buyers are keen to take advantage of sellers looking to shift their homes as soon as possible.

With many buyers bidding for lots without actually physically seeing the property prior to the purchase, they are understandably cautious and seeking to mitigate the risk by getting a lower price than you would typically expect on the market.

That isn’t to say, on the other hand, that the process cannot be mutually beneficial. Sellers, after all, can set a reserve price and may even sell their property close to, or sometimes even above, market value as a result of buyers bidding it up.

Nevertheless, it goes without saying that those properties that usually do well in this environment are high-standard properties with small mortgages that allow the seller to attach a higher reserve price.

This is because, and perhaps a little surprisingly, the auctioneer provides more than just a suggestion with regards to the reserve price. The auctioneer will not auction properties with a reserve price they consider to be too high. The quality of the property and the size of the mortgage in relation to the property’s value being the main factors affecting this decision.

So why do people opt to sell their homes at auctions?

Fast equity release is the simple answer. This could be because they want to avoid having their property repossessed and the incredibly damaging impact this can have on an individual’s credit score. It could also be because they are relocating for work, or emigrating abroad. For some, it is also the chance to make a clean break from a divorced partner or to get on with life after the death of a loved one and enjoy the inheritance as it was intended.

No matter the circumstance, here at National Homebuyers we believe we provide a quicker, easier and fairer solution than auctions do. Our offers are not based on a postcode or regional average but on an individual basis. The sale is also guaranteed with us, unlike property auctions.

We do not demand the same expensive auctioneer fees either. Auctioneers typically charge 2.5% of the selling price, but this can be as much as 4%, with marketing fees and solicitor costs being the most significant costs on top.

We also provide a much faster turnaround than at auctions. Notwithstanding the time it takes to find an auction house and market the property, it usually takes about a month for the settlement to complete. Of course, the quicker the sale the less the seller will pay in tax, insurance and in general maintenance costs while they still own the property.

So, if you want an individual, no obligation valuation for your property with the guarantee that a fast cash offer will be made, get in touch with National Homebuyers now. You can do this either by filling in the form on the right hand side of the page, by taking advantage of our ‘Live Chat’ instant messaging service or by giving us a call using the number at the top of the page.

National Homebuyers – We Buy Any House

homebuyer man with guaranteeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve you aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer on the right hand side of this page and take the hassle out of selling your home!

Top Ten Tips to Help You Sell Your House Fast

There are several things you can do in today’s housing market to give yourself a better chance of selling your home quickly.

 

You have probably heard a great deal in the news recently about how house prices are rising and the UK property market is booming. While this is most certainly true of London and the South East, this is certainly not the case elsewhere in the country. Those hoping for a quick house sale in other parts of the country will be more than aware that the house market remains sluggish and that selling in the current conditions is something of a longshot.

There are numerous reasons as to why people may need to sell their property quickly, whether it is relocation, a new arrival to the family or repossession. If you are in a position whereby you need to sell your house quickly and need to achieve the highest possible sale price, then here are a re National Homebuyers’ Top Ten Tips on how to sell your house quickly in a slow market.
1. You Only Get One Chance to Make a First Impression

No matter how many improvements you’ve made or how much effort you’ve put into making your home’s interior presentable, the truth is that potential home buyers have already started judging your home long before they even walk through the front door.

When it comes to selling your home, I’m afraid it’s what’s on the outside that counts. There are several things you can do to increase your home’s kerb appeal, many of which won’t cost you very much. Better still, improvements that add kerb appeal generally yield at least a 100% return when you eventually manage to sell your home.

2. Your House Should NOT Be a Home

Prospective home buyers want to envision themselves living in a house they intend to buy. The more personalised your home is, the less they are able to do so. So take down those family photos, remove the kid’s drawings from the fridge door and put all your memorabilia, knick knacks and keepsakes into storage. You should aim to remove between a quarter and a third of the things in your house. This will also make your home appear bigger and allow you to maximise your space.
3. Beware of the Dog

Or the cat, or any other critters and creatures for that matter. While a big shaggy dog that greets you at the gate or a friendly feline that nuzzles your leg when you walk in the door may say warm and happy home to you, this may not be the case for others. Some people aren’t animal lovers, and some are actually afraid of them. Even those that feel the same as you do about the cuddly little critters will often pay more attention to your pet than they will to your property.

Don’t just put your pet in a room and keep the door closed during viewings. This stops the potential house buyer being able to inspect that room. It may even lead them to think you are concealing something about your home. Temporarily removing the animal for the duration of the viewing is a much better option.

The same goes for pooch paraphernalia and kitty bits. People looking to buy your home may be put off when they see the dog bowl in the kitchen or the litter tray in the hallway. Also make sure you thoroughly remove any animal hair that could cling to potential buyers’ clothes and leave with them with the impression that your house may be unclean.
4. Make Sure the Price is Right

Do your own research. And do lots of it. Find out exactly what your house is worth. Don’t just take the estate agent’s valuation as gospel. Some agents will often over inflate asking prices in order to gain business, increase their commission, or to leave wiggle room for negotiation with potential house buyers.

Once you have completed all your research and have a secure idea of the price your home is likely to achieve on the open market, consider reducing that price. Competitively pricing your property is the single best way to achieve a sale. And, you never know, you may just be lucky enough to attract enough interest to spark a bidding war that will push the sales price up to, or even past, what you were initially going to sell your home for anyway.

And if you think pricing your property too low seems risky, just consider how risky it is to price it too high. You will probably remain on the market longer than you wish and eventually attain a sale after dropping the price in the end anyway, having paid all the extra bills you wouldn’t have been paying had you priced your home right in the first place. Plus, if your property is on the market for too long potential buyers will wonder why and perhaps may even presume there is something wrong with it. Also, the longer your home is on the market, the more heavily you are betting on the housing market. Should the market soften, your house may begin to seem even more overpriced.
5. It’s All About Olfactory Appeal

Perhaps slightly surprisingly, numerous surveys have shown that the number one thing that puts potential home buyers off is the presence of unsavoury odours in a home they are viewing. You’ve already ditched the dog smell, now its time to tackle the tobacco stench. If you smoke inside your house, stop. While trying to sell your home, go outside for a puff, and remember to pick up your cigarette butts when you’re done. Also do what you can to remove any smell of damp or mildew present in your property, as this is the third most off-putting odour according to potential home buyers.

Try your best to completely eradicate any bad odours, rather than simply covering them up with perfumed scents. Potential buyers may have a more sensitive sense of smell than you, or may notice smells in your house to which you have simply become accustomed. You should also avoid cooking any strong smelling food before a viewing and fill your home with freshly cut flowers.
6. Take the Skeletons Out of the Closet

You know when I said earlier that you should put around a third of your stuff into storage? You thought that meant stuffing it into any available cupboard space you have, didn’t you? Wrong! Potential home buyers are always keen on storage space. They can’t get enough of it. This is because, chances are, they have just as much stuff as you! When looking to buy a house, people will always sneak a peek inside any cupboards or closets in your property, so ensure they are thoroughly cleaned and neatly organised.

 

7. Become an Obsessive Compulsive Cleaner

This one might sound slightly obvious, but the fact is it is easy to overlook little nooks and crannies that people looking to buy your house won’t. Scrub, scrub, scrub and then, when you think you’ve scrubbed enough, scrub a bit more. Once you have cleaned your property to within an inch of its, and your, life, take a look around. Be honest enough with yourself to notice anything in your home that doesn’t match up to your new standard of immaculateness, no matter how many times it’s been cleaned. This is a good way of gauging whether or not there are small home improvements that need to be made before your home is market ready.

The bathroom is often a biggie here, as a bathroom that even appears dirty puts many people off. Don’t go nuts, because the data shows that you will only recoup around 58% of what you spend on large bathroom improvements, but there are several small improvements you can make to give an appearance of increased cleanliness. Painting the walls, regrouting the tiles, replacing the shower curtain or the toilet seat – all of these inexpensive changes can play a big part in helping to make your home more appealing to home buyers.
8. Let There Be Light

A bright, well lit home is second only to location in terms of what people look for when looking to buy a home. Therefore, in order to sell your house, you need to take advantage of every lumen of light that enters your home. Take down your curtains, clean the windows (yes, clean them again!), place mirrors at strategic points to reflect and maximise the light shining through your now sparkling windows, paint rooms in bright (neutral) colours that reflect light, get rid of your lampshades, buy higher wattage light bulbs, trim trees and cut down bushes that block the light and shadow the house; do anything and everything you can possibly do to make your home as bright as possible in order to help you sell your home.
9. Resist Remodelling and Look for Quick Fixes

Get your property assessed by reputable and thoroughly vetted experts in order to ascertain what essential improvements need to be made and find out how much each of these will cost. Don’t just accept one quote, shop around to find the best deal out there but remember: the cheapest quote is not always the best quote.

Resist the urge to go overboard on the home improvements. Little, inexpensive changes like painting the front door or having the carpets thoroughly cleaned will almost invariably pay off. Monumental makeovers are much less likely to do so. If your kitchen is drastically outdated it will put house buyers off, but even on major kitchen remodels you are only likely to recoup around 80% of what you spend, so be careful not to overdo it.

It is believed that you are more likely to achieve a quick house sale when your home is decorated in a neutral style and with neutral colours.

Take a look at our article Clean Your Way to a Quick House Sale in order to gain inspiration for small and inexpensive quick fix improvements you can make that will help you sell your house fast.
10. Knowledge is Power

There are many people that will tell you to make yourself scarce when your house is being viewed. This opinion certainly has its merits. At the very least remove the rugrats. If the kids are there when prospective they are looking around, people looking to buy your home will be looking harder for the damage the kids have caused that you’ve put right and wondering how much destruction they’ve wrought which remains unseen. Kids are destructive. If you disagree, then you don’t have them and as such you have nothing to worry about here.

If you do insist on sticking around while your agent leads would be house buyers around your home, or if you are selling your home yourself, make sure you are clued up on your property and ready to answer any potential questions that might get thrown at you. Ensure you know exactly what you pay out for gas, electric, water, council tax; be ready to tell potential buyers how long it takes to get to the town centre, the closest park, the train station, the nearest hospital; expect to be asked about the local schools, doctor’s surgeries, take away restaurants, leisure facilities, places of worship. You never know when a little fact about your property and the surrounding area could be the difference between getting an offer and watching the buyer walk away. Research, be prepared and know your stuff.

Or You Could Just Sell Your Home Quickly to National Homebuyers

The most sure-fire way to sell your home is to sell it to a guaranteed house sale company. National Homebuyers are the UK’s largest direct cash house buying company and we have been one of the UK’s favourite quick house sale market for over ten years now.

 

We will buy any house, no matter what condition it is in. It makes no difference to us if the dog has chewed up the carpet or the kids have broken the balustrades playing stair-sledge. We even purchase properties with damage more extensive than your pets and children put together could manage if they tried.

What is more, we employ dedicated local purchasing teams responsible for specific areas across the entire country, so we will buy any home in any location in the UK. Busy roads, flight paths, whatever – we buy any house.

So if you are want to sell your home fast, chain and stress free, then call National Homebuyers now, or fill out the form on this page to get your fast, no obligation valuation and guaranteed cash offer!

Hidden Costs to Homebuyers

Britain has long been a nation of homeowners. An Englishman’s house was considered his castle long before Edward coke enshrined it into law in 1628 and an Englishwoman’s home is no less so. Even given the fact that those below the age of forty are finding it increasingly difficult to get their foot on the property ladder and regardless of the presentation generation widely earning the sobriquet ‘generation rent’, the aspiration to own our own property has not fallen from its position of prominence within the country’s collective consciousness.

Gaining that all important foothold on the first rung of the property ladder remains a primary goal for the majority of Brits. The average age of first time buyers seems to be rising year on year and there is great discrepancy in average first time home buyer age across the country, ranging from 35 in the Midlands and the North to 52 in London and 48 across other areas in the south of England. Besides this, 62% of first time house  buyers now rely on the Bank of Mum and Dad to help them on to the property ladder and the average age of second time buyers nationwide is now well over 50.

However, even for those who are able to buy houses nowadays, things are not as simple as some believe. When you come to buy your house, things are certainly not as simple as securing the mortgage, collecting the keys and then deciding where the sofa goes so as to avoid any unwanted glare coming off the TV. There are several hidden costs that homebuyers must consider when buying property. In this article National Homebuyers provide advice on the ins and outs of additional expenses that invariably arise as part of purchasing property.

Mortgage Arrangement Fee

It is common practice for homebuyers to have to pay a fee to their prospective lender for arranging their mortgage. This is most payable after arrangement of the mortgage but before completion. You should budget for around £1000 for this expense, though this can often vary. This fee is usually non-refundable, even if the sale falls through for whatever reason.

Valuation Fee

This is the standard fee the lender charges in order to establish that your property exists, is as it has been described and can provide sufficient security for the loan they intend to provide. Again this fee varies greatly depending on your choice of lender and property value, but as a yardstick around £500 would be a reasonable amount to set aside.

Legal Fees

Once again it is difficult to provide exact figures as your legal fees will vary according to the value of the property you intend to purchase, amongst other factors. However approximately £800 would be a reasonable amount to set aside to cover your conveyancing fees.

Stamp Duty

If you are buying a house that costs over £125,000 then you will have to pay a percentage of the house’s value to the tax collector. There are several online calculators that you can use to work out exactly how much stamp duty you will have to pay.

Surveys

Paying to have the house you wish to purchase surveyed is another considerable cost that arises when you come to buy a house. Surveys can cost anywhere up to £1000, but between £400 and £700 is perhaps more typically representative. It is worth bearing in mind that you may well have to pay for surveys on a few houses before you eventually come to buy a home, so setting aside £2000 for this purpose would probably be sensible.

Removal Costs

While it is certainly possible to take on the work involved in moving your belongings yourself, thus limiting costs to around £100, this may not be possible if you have lots of possessions or if you intend to move a long distance from where you sell your home. It is not unusual for removal costs to rise to over £1000 in these circumstances.

Refurbishing Costs

Set aside a slush fund to cover the myriad little expenses that can often arise after you buy your house. From dripping taps to terrible wallpaper and loose fittings to DIY botch ups, taken it as a given that there will be several home improvements you need to undertake in your new home. Even simply adjusting the décor to suit your own tastes can often be more pricey than you would think. The best advice would be to save as much as you can for these purposes, as home improvement costs are notorious for unexpectedly spiralling out of control.

Furniture

This cost will not be applicable to everyone, particularly those who have previously owned another home for a long period of time or those looking to downsize, but other home buyers will have to budget for the purchase of new furniture when moving into a new home. Perhaps your new staircase is too narrow to accommodate your large sofa, or maybe maybe you will need to buy new wardrobes because those in your previous home were built in; there are several circumstances that necessitate the purchase of new furniture and it is something you would be wise to include in your budgeting plans. This is particularly pertinent if you are moving from furnished rented accommodation, as you may have to buy everything from kitchen appliances to beds and living room suites.

 

National Homebuyers – We Buy Any House

homebuyer man with guaranteeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve you aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer on the right hand side of this page and take the hassle out of selling your home!

Sell your home online without being scammed

Avoid being scammed when selling your home

Your location in the world makes little difference to scammers. They can crop up anywhere. In Indiana there have been issues with a scam. Several real estate agents are hearing about a scam involving rentals. An individual went online to find a place to rent, but when she went to the office to get the keys she found that she had not paid her deposit to the right people. A scammer had set up a website and this is whom she had actually paid her deposit to.

While this may not have anything directly to do with the UK or selling your home, it does have an indirect lesson. If you are looking to sell your home online you have to be very careful of scammers. You might find that someone approaches you saying that they want to buy your house, but at the end of the deal you find that you have no money and no house. Scams like this occur often. Other scams involve reverse mortgages, where suddenly you are forced to sell a house because there is a situation where a partial sale cannot be paid off by the person that inherits the house.

Unfortunately the property market is no stranger to scams. You definitely want to make certain when you are selling your home that you have the right buyer and you are utilising the correct agent. Vet the agency working with you on the sale, and also check the background of the house buyer. So if you are looking to sell your home online without being scammed, the best advice we can offer you is to be careful and do your homework.

If you are wondering how to sell property without being scammed, or are just generally worried about dishonest agencies and consequently wish to deal with an equitable and reputable company, come to National Homebuyers. We are a highly respected quick house sale company who can help you sell your house fast and have been operating successfully and ethically within the market for over ten years. Unlike other companies that buy houses, we buy your house directly from you, cutting out all middle men and offering an opportunity to sell your house fast, with no chain or hassle. We our leaders in our industry due to our unrivalled service and reputation for integrity.

National Homebuyers – We Buy Any House

homebuyer man with guaranteeNational Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve you aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer on the right hand side of this page and take the hassle out of selling your home!

Should you sell your property during the Christmas season?

Tis the season to be jolly, but is it the season to sell? The holiday season is upon us and the team is feeling very festive, but at this time of year it gives rise to the age old debate; should you keep your property on the market over the festive season, or should you remove it and wait until January?

Estate agents will always tell you to keep it on the market and that the few buyers that are looking in the holiday season are more serious, but here are just a few reasons why it may not be the best idea…

  1. It simply isn’t convenient to have your house ready for viewings at the drop of a hat. There is so much to do around Christmas, keeping your property in immaculate condition is not always top priority.
  2. There are fewer buyers looking for properties at this time of year. Who has the time to look for their dream property when they have presents to wrap and are rushing to get those last minute bits and bobs to make Christmas perfect?
  3. There are a limited number of buyers, which will mean any offers are likely to be a lot lower than asking price. Sellers marketing their properties over the festive period will look desperate and this will mean they will receive cheeky offers.
  4. Estate agents and solicitors will often have time off during the festive season, so if you do receive an offer in mid-late December it is unlikely that the sale will progress very far until the New Year anyway.
  5. Christmas decorations can make your property look cluttered and are a very personal choice. We have a very OTT Xmas themed office at the moment, but inflatable snowmen are not to everyone’s taste! Buyers can be put off by too many decorations and they won’t be able to see the true potential your home has to offer.
  6. Bringing your property to market again in January will mean it shows as a new listing and you will catch the eye of all those buyers who make the resolution to start looking in the New Year. You will have more time to keep your property in a viewing condition and it will be much less stressful, when you aren’t worrying whether you’ve got all the presents ready?!

If you do want to keep marketing your property over the holidays, remember to keep decorations to a minimum and as tasteful as possible. You need your home to look and feel spacious and to appeal to a broad range of people to maximise interest and improve your chance of selling, so don’t give buyers a reason to dislike your property. Use tasteful decorations and lighting effects to make your home more inviting and you may just secure a sale for your property in time for Christmas.

National Homebuyers – We Buy Any House

National Homebuyers are a UK based property buyer who really does buy any house or property! In fact, we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of UK property buyers is always on hand to share their expertise with you and help you achieve your aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

Get your no obligation cash offer now by using the Get Offer form at the top of this page and take the hassle out of selling your home!

Relocation Relocation: What To Consider When You Relocate

Whatever your reason for relocating and wherever you are moving to, there are a lot of things you will need to consider before taking the plunge.

What are your reasons for relocating?

You should be absolutely clear of your intentions for relocating before making such a big move. It sounds silly, but if you are moving because of personal problems, it is likely that these problems will be with you wherever you live and mean that you probably won’t be any happier living in another part of the country.

If you are moving because your employers are forcing you to as part of your job, is it really something you want to do? It may be a big risk leaving your current job and looking for another, but if you aren’t going to be happy moving away from your friends and family it is definitely an option you need to consider. Perhaps try a temporary relocation to test the water and rent out your property while you decide whether you want to make the change permanent.

What are the costs involved in relocation?

There is a lot of expense involved with moving house. You have to pay an agent to sell your home and then pay solicitors fees for the sale. You then have to purchase a new property and, no matter where you relocate to, there will inevitably be several costs involved when you come to buy your house. There is also stamp duty and cost of redecoration to think about too. The costs will soon add up and you need to make sure it will be worth your while.

If you are relocating for work you are likely to be entitled to a relocation allowance to ease the transition. They may pay all your relocation expenses, so it is always worth checking with your HR department to find out what you are entitled to.

Finding your new property

If you have ever seen an episode of Relocation Relocation, you will know that trying to buy houses, much less find your dream property, in a new area can be very difficult! However, even if you do not have the expert help of Kirsty and Phil, you can still find your dream property without too much stress.

Using the internet you can look for property anywhere in the world at the touch of a button; RightMove is a good place to start your search for UK properties. If you are limited for time it is worth looking for several properties you like the look of and arranging viewings for the same day.

You will quickly know what you are able to get for your budget. It is worth visiting your new area at different times of day to get a feel for what the neighbourhood is like before putting in an offer.

Before you can buy your house in your prospective area, you will need to sell your house quick. Be realistic with your sale price and keep your property in a neutral and clean condition to entice buyers. Once you accept an offer you should be able to tie the 2 completion dates in together for a smooth move.

You could even sell your house to a fast purchase property company like National Homebuyers who buy homes for cash, thus eliminating the chain that can cause so many problems when selling property and reducing the hassle of moving.

homebuyer man with guaranteeA Guaranteed House Sale

National Homebuyers are private and direct house buyers who work to a purchase completion date that suits you. So, if you want a cash buyer who will ensure that you sell your house fast, who is flexible to your needs, contact us today by filling in the form to the right of the page or via telephone using the number at the top.

We buy any house, regardless of its condition. Contact us today for a fast, no obligation valuation of your home.

Top Tips to Save On Energy Bills

This weekend the clocks go back, signalling the onset of winter and bringing with it the dreaded increase in fuel bills. Scottish Power is the latest of the ‘Big Six’ energy companies to announce a massive increase in energy prices, effective in December, which combined with Met Office predictions for a harsh winter will mean huge gas and electricity bills this season.

David Cameron has advised us all to wear a jumper to keep fuel costs down, but for those of us who already do that, here are our top tips for saving energy in the home and keeping fuel costs down:

Get a draught excluder.

Older properties are likely to have a lot of nooks and crannies where draughts can get into the property and cool the temperature down. There are plenty of DIY products to seal up draughts around doors, windows and chimneys and you could save £55 a year by doing so.

Turn off mobile phones.

By turning off your mobile phone at night you will need to charge it less and save on the electricity bill. Don’t leave the phone charging overnight as it wastes a lot of energy being charged for hours longer than is necessary.

Turn off appliances.

This sounds obvious, but ensuring that appliances are turned off and unplugged means that they do not waste any electricity. Appliances use electricity even when they are on standby, so if it can be safely unplugged without affecting its system, then do so to save £50-£90 a year.

Be sensible in the kitchen.

Don’t fill the kettle up all the way, only fill with the amount of water you need and it will use less energy to boil. When washing up fill the bowl instead of leaving the hot tap running; this will also save water, but means your hot water system has to heat less water.

Turn down the heating.

Turning down your thermostat to the coolest temperature you can comfortably manage will save you a lot of money in energy bills. Remember, you don’t need to turn the thermostat up in colder weather; it will still heat to the same temperature in the end.  Using thermostatic radiator valves will help you save even more energy, as you can set the temperature lower in rooms that do not get used often.

Insulate your home.

If you have a bit more money to invest in energy efficiency then you can think about ensuring that your home is fully insulated. Although the cost of installation is around £500, adding loft and cavity-wall insulation can save you up to £330 per year on your fuel bills. So if you can afford the initial outlay, it shouldn’t take long to see the savings!

Switch energy supplier.

By switching your energy supplier you could save hundreds of pounds, so shop around and find the best deal. There are lots of websites out there which have energy supplier comparison tools, such as Which?, so you can easily find the best deal and switch supplier at the click of a button.

You can visit the Energy Saving Trust’s website to find more information on how you can save energy in your home.

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