- Even though we’re well into October, it’s still possible to move on until December 25th
- However, sellers will have to get their homes listed in the next few days.
- They will also need to be ‘realistic’ about the price they can expect
- We explain how to sell your home fast and buy a new home
There’s more to Christmas than just making sure there are enough turkeys to go around – and plenty of petrol to get you where you want to be.
Aspiring house-movers are now in a race to ensure that they are in their new home by December 25. And even if we are well into October, it can be done.
But you have to be quick to get your home with an estate agent in a matter of days and listed on big portals like Rightmove, Zoopla and On The Market.
Aspiring house-movers are now in a race to ensure that they are in their new home by December 25. And even though we’re well into October, it can be done
An analysis by consumer group HomeOwners Alliance (HOA) shows that it has taken an average of 58 to 73 days to sell homes over the past six years.
“The rush to make purchases before the end of the stamp duty holiday slowed down the process.
It wasn’t helped by the pandemic, says HOA chief executive Paula Higgins, who says her analysis has given sellers a deadline of October 20 to put their homes on the market to complete the deal before the festivities.
Here are our top tips for selling your home and buying a new home in record time.
1. Instruct an Agent
Check with at least three local agents, but don’t choose the one that suggests the highest asking price. Instead, compare marketing offers and talk to people who have used them. Online agents have cheaper fees, but their sales may be less successful.
2. Be Realistic
The market’s strong — 10 percent in several places over the past year — but it’s slowing. Average prices rose only 0.1 percent in September, says Nationwide, so set a sensible asking price. Check out recent sale prices on websites like mouseprice.com.
3. Prepare to Sell
We all know how to remove the clutter, but try not to privatize – agents report people like the ‘domestic’ form. Clean thoroughly and use lighting and mirrors to maximize size.
4. Sort the Paperwork
Having an in-principle agreement with a mortgage lender and gathering details, such as agreeing to actions taken during your ownership, gives you a head start. Hire a good conveyor.
5. Go offline too…
Most homes are found online, but register with property agents when you’re looking for your next location. The best interior tracks are on homes that are on sale long before they hit the web.
6. Book a Survey
Don’t be tempted to miss out on this step to save time – it can backfire seriously. The cost of the survey is £250 to £600 plus VAT.
Find professionals through the Royal Institution of Chartered Surveyors.
Most Christmas evictions will need to be completed by the end of December 23.
7. Keep in Touch
TV property expert Phil Spencer says: ‘Get in touch with everyone in the chain as well as your attorney and estate agent. Slow responses cause delays.’
8. Choose the best Buyer
If you get more than one offer, don’t just choose the highest offer. A third of deals fail if they have long chains. So choosing cash or first time buyer means no chain.
9. Plan Your Move
Most Christmas removals must be completed by the end of December 23.
Visit the British Association of Removers.