Use our helpful calculator to work out the costs of selling a house - Instant quote comparisons for your selling fees and our selling property checklist to stay on top of your sale. Our calculator can save you time around the board. When selling property, there are many things that you have to consider whilst selling your property.
Our calculator can save you time by doing multiple calculations at once, this way you will know what you can afford and what you are going to get. Our calculator will tell you to have much of your money will be going towards the estate agent fees, removal costs, Conveyancing Fees and Conveyancing Disbursements. The calculator will help you to understand what price you are to expect all together and how much you should look to budget on each section. An online estate agent make a good evaluation of your house price but may not make you aware of all the costs that are involved with selling your house.
The first thing you should do when considering selling your property is to get a valuation, an online estate agent can give you a general idea but you are better off getting a local solicitor or licensed conveyor for your evaluations when moving to a new home. However, you should consider getting extra ones done because the valuation can vary and you don't have to stick to one seller, the price of the hose is up to you. Transferring ownership of a property is a legally binding action, which means you need to get a lawyer to transfer ownership; this action is called conveyancing.
At this point, you may get an offer and have to sign the exchange contracts. This is the point at which you are legally bound to the sale, only if the buyer pulls out will the sale not proceed at this point. Once you have moved out in the time agreed, the solicitor will report the transfer of ownership of the land and will collect on their percentage which they agreed on before the sale started.
Check if you have any outstanding finances related to your property, such as mortgage payments. You will need to check if you will have any early repayment fees through your mortgage provider before you sell your house!
Although it is possible to sell without an estate agent, it is far simpler to use an estate agent with access to online portals such as Right Move or Zoopla. Your agent will often manage viewings on your behalf as well as handle any communications with the buyer and manage things like capital gains tax and tell you things like your houses energy performance certificate.
The conveyancing process must be handled by a licensed conveyancer or specialist solicitor. Find a conveyancing expert early in the process of selling your home.
When you first receive an offer, make sure you negotiate! Many buyers will offer much less than they are prepared to pay, and your estate agent will advise whether the offer is acceptable or not.
Once the final terms of your contract of sale are finalized, the contract is exchanged with the buyer, which legally binds the sale. If you choose not to go ahead with the sale, the buyer could sue you! If the buyer pulls out at this stage, they lose their deposit.
The final step in the sales process is to move out of the property on the assigned day and pay off the mortgage (if applicable) as well as your fees.
Selling Your Old Property?
There are a number of fees and costs associated with selling your old home. Here at Moving Costs Calculator, we want to make things simple for you! Find out the precise costs of your sale with our helpful calculator
We can save you even more money with our quotes comparison! Check out the lowest costs and fees using our comparison tool inbuilt with the calculator to get the best rates possible.Calculate Costs
We can provide information for people selling, buying or both! Use our tools for the scenario to suit your move.
Make sure you know what to expect in fees and costs when buying a new house! Use the quote comparison tools to get the best prices for the services you need.Costs of Buying
When you are selling, there are still a number of fees and costs to cover. Make sure you know what to expect ahead of time to reduce any unexpected costs.Costs of Selling