Selling a property can be a daunting task regardless of whether this is your first time or if you have sold multiple properties in the past.
Search our Frequently Asked Questions to find the answers you are looking for.
How much is my property worth?
We will work out a suitable asking price together by looking at evidence of similar properties and how much they sold for. We will suggest how much your property might be worth based on its investment potential. If a quick sale is important we may even have investment cash buyers.
Who will conduct viewings at my property?
We will accompany all viewings of your property during office hours, both for your peace of mind and to ensure that you convey all of the features of your property.
When do I have to move out?
Once you have a completion date, which is mutually agreed by yourself and the buyer.
My property is currently tenanted, is that a problem?
No, if we are selling a property that is currently tenanted, then the most likely buyer will be another investor.Whitegates has thousands of investors on its database waiting to buy a property.
How much does Whitegates charge to sell my property?
When selling your property it is important to take into consideration the following costs:
- Legal fees for the conveyancing process - Fees will vary depending on the solicitor. We would be happy to provide you with a list of quotes for this.
- Energy Performance Certificate - It is a legal requirement to have an EPC. We can organise this document for you.
- Estate agent commission- Commission fees are charged as a percentage of the sales price + VAT. Fees become payable once the property is sold and the contracts are signed.
I already have an Energy Performance Certificate (EPC) do I have to buy another one?
Any EPC can now be downloaded from a public website and if you paid for it then we can use it without a problem. If you have an EPC you will not need to include this in your package.
Is this a good time to be selling?
Yes, the Help to Buy scheme and other government initiatives are causing a high demand for property. It is a really exciting time for both buyers and sellers.
What can I do to make my property more appealing to buyers?
When selling your home it is the perfect time to complete those quick DIY jobs that you have been putting off. Remember, it's important to get your property looking as appealing as possible, both inside and out. A fresh lick of paint, oiling any squeaky doors and mowing the lawn can be surprisingly effective. It's the little details that can make all of the difference. Take a look around and be ruthless, potential buyers will want to visualise themselves living at your property, so provide a blank canvas. De-clutter (you will be glad you did this during the moving process), and most importantly make sure your home is clean and tidy!
Do I have to pay Capital Gains Tax?
This is dependent on whether the property that you are selling is your main home. If it is, you won't have to pay tax on it as long as you can prove that you satisfy the conditions stated. If it is not your main home, you may have to pay Capital Gains Tax.
Do I have to pay Stamp Duty?
Only the buyer has to pay Stamp Duty. So although you won't have to pay for the property you are selling, you should be prepared to pay it for your newly purchased home.
If you have any questions on selling your property please feel free to contact your local Whitegates office for advice.