Selling a property

Discussion in 'Lounge' started by tuktuk, Jan 8, 2021.

  1. tuktuk

    tuktuk Elite Member

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    Any tips on this? Just about finished refurbing my flat, last little bits getting done this week then looking to move.

    Property seems hot at the minute and it's my first home so never been through the selling process. Any do's and don'ts from people who are used to this? All looks fairly straight forward but always heard it's the most stressful thing you can do!
     
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  2. Paul Longstaff

    Paul Longstaff Senior Member

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    It's real easy to sell the grief starts once you accept an offer !
    This is when all sorts of crap comes out the woodwork, usually just after survey and especially if your buyer is a first timer as they listen to loads of 'advice' from family and friends and are overly cautious.
    You have double glazing....can you provide the certificate of conformity blah blah
    I see an extra wall socket has been installed do you have the electricians certificate for it.
    The light switches have been upgraded from crappy white ones...again have they been signed off by an authorised sparky.
    The list can go on and on and on to the point where you might think is it worth it o_O
    Good luck and have fun & I am keeping my fingers crossed you get a quick sale to a normal person :D
     
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  3. mk3golfcab

    mk3golfcab Elite Member

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    This precisely. If worst comes to worst just say the previous owner had it installed/changed/whatever ;)
     
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  4. PauloHRC

    PauloHRC God Like

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    Consider marketing it for 10k higher than what the estate agent values it at. He'll suggest a figure that he thinks will get him a quick sale and commission as quick as possible. If you're not in a rush, hold out for the best possible price! ;)

    This may not be true in some cases but its worked for me.....TWICE!!! ;)
     
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  5. bradt

    bradt Elite Member

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    Get 3 agents around to value, at the moment Agents can work as usual. Don't choose the cheapest but go for the one who has the best market share in the area, keep the property tidy when having pictures taken and don't overprice the property, stamp duty holiday ends in March and many buyers want to complete by then. If the property is leasehold get a copy of the management pack now as this will speed up the conveyancing once a buyer has been found.
     
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  6. tuktuk

    tuktuk Elite Member

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    Cheers guys.

    I bought this as a project nearly 3 years ago. First job was having it rewired so hopefully that is one thing that shouldn't come up. We also changed the central heating system, everything but the boiler that is. Should I have had some paperwork for this also?

    I have had 3 windows installed since I took ownership. I dont think I've had any paperwork for them other than the sales invoices as I sourced these myself. Had a builder fit 2 and I fitted the third as it looked like a fairly straight forward job. I also had all the external doors replaced, the back 2 via the above builder and the front by a legit company.

    When it comes to the estate agent side of things, is this normally a set fee, only paid on a successful sale or is there a chance it doesn't sell / falls through and I'm still liable for some costs?

    I'm not in a chain so to speak, I have a friend stuck in France who has a house I can use until something else comes up so hopefully this should make things easier?
     
  7. bradt

    bradt Elite Member

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    You will be asked by your conveyancer if you have made any alterations to the property, this information will be passed onto the proposed buyers legal rep, if Windows have been changed without approval that could cause a slight delay, best have any paperwork sorted before you start.
     
  8. tuktuk

    tuktuk Elite Member

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    Oh shit :D I didn't even know approval was needed! 2 windows were straight replacements and in the bathroom I had a window bricked up and a second one is alot shorter than the original was so has changed shape.
     
  9. bradt

    bradt Elite Member

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    PM sent
     
  10. CharlieR85

    CharlieR85 Elite Member

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    Estate agents only get paid if they sell it. Some people negotiate a flat fee and others a percentage. 1% of sale price is quite normal to an estate agent.
     
  11. Paul Longstaff

    Paul Longstaff Senior Member

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    If the boiler was left alone then you shouldn't need any gas safe certification for the heating system. The windows may need to be of the type that can facilitate escape in event of a fire especially if a bedroom so a small opening might be an issue unless you can show they were pre X date ( can't remember the year)
    Rewire should have given you some form of safety sign off, if not or if you've lost it they can all be obtained it just costs you money to get a sparky round to check and test it all then sign it off as up to code as it were.
    Nothing can't be resolved it just may or may not cost you some cash for 'professionals' to come and check it.
    It's the annoyance of someone asking for it, so you do it, then they ask for something else, so you do it then they ask for ...you get the just.
    It can be a very frustrating experience but isn't always. If you expect it and it happens its not so bad if you expect it and it goes swimmingly then a result
     
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  12. Paul Longstaff

    Paul Longstaff Senior Member

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    Sorry should have said they might still want proof the boiler was serviced by a gas cert engineer
     
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  13. bradt

    bradt Elite Member

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    You will need a EPC certificate to market the property, probably cheaper to arrange yourself
     
  14. mk3golfcab

    mk3golfcab Elite Member

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    This, we sold for a 1% fee at time of completion, during our sale (it went on and on and on, 11 months all told, 3 separate buyers etc etc) we had purple bricks over, their commission is less, but you have to pay whether you sell or not. So that’s another consideration, with our high street estate agent we could have pulled at any time and owed them £0.

    conveyancer wise, we used one that wouldn’t charge us if another party pulled out, saved us >£700 as parties did multiple times
     
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  15. Barstewardsquad

    Barstewardsquad God Like

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    New Windows should have Building Regs approval. FENSA companies cover this, but otherwise you can simply get an insurance policy to cover it, which is cheaper than building regs approval.

    We got a Building Regs bloke in who carefully worded it as "new windows" so is quite open to interpretation but it still cost about £200
     
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  16. tuktuk

    tuktuk Elite Member

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    Ah that might be a sticking point then! Basically we had a guy do some work at the works unit replacing windows and building offices etc. It was at the time I was looking for someone to do the work and got him in to do it. I sourced the windows however there was no paperwork for the job itself :oops:

    Also, the one I replaced myself obviously I dont have any paperwork to show for this other than from buying the window. Should have seen the one that come out, it was more putty than a frame. It practically fell out. Surely a new upvc one is better! Why are they so fussy with windows?

    I wish I had asked these questions when buying I might have got it even cheaper lol.
     
  17. Paul Longstaff

    Paul Longstaff Senior Member

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    @tuktuk you live and you learn mate.
    Like I said it's not desperate, you can sort any issues out but it might cost you a few hundred quid here and a few hundred quid there.
    That though probably negates any savings by doing things yourself or on the side :(
     
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  18. tuktuk

    tuktuk Elite Member

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    It's got me stressed out and it's not even ready to list for sale just yet haha.

    Got a joiner coming tomorrow to sort the entrance ready for tiling. Might keep the receipts for the screws incase they need proof I didn't use toothpicks :p
     
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  19. PauloHRC

    PauloHRC God Like

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    Mate I wouldn't worry about it.......if someone wants to buy it , they will do regardless ;)
     
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  20. tuktuk

    tuktuk Elite Member

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    I'm a natural worrier. Wont sleep tonight as I've got about 50 questions in my head :D none of which I can do much about so absolutely no point in thinking about it but I will lol.

    Just seen the EPC thing is still valid from when I bought the place. Hopefully that will save a few awkward questions!

    The composite door I had fitted last year was done by a legit company. Just been looking through the paperwork and I have guarantee letters but no fensa certificate. According to their website they are fensa approved if that's the right term. Do I need to request this or should it have been sent following installation?

    Was hoping it might be a bit vague and I could get away with just having that when the question comes up.
     

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