A Worked Example
Let us assume that your house is valued at £150,000. You
decide to sell the house via an estate agent.
Lets us say that the house takes 3 months to sell.
This means that from the moment your estate agent starts
marketing the property till solicitors complete on the
sale and money arrives in your account, it will be about 6
months (assuming the buyer conducts the survey, raises a
mortgage and sells his own house in time).
Here is a comparison of the house selling costs via an
estate agent and via us.
|
House
Selling Costs Example
|
| Value of the house:
£150,000 |
|
|
Usual
Costs
|
Via
us
|
|
Estate Agent's
fee (2% +VAT)
|
£3525
|
None
|
| Mortgage interest payments (6
months @6.75%pa) |
£5060
|
None
|
| Solicitors fees (incl. searches
etc) |
£1000
|
None
|
| Decorating, Incentives,
Inducements |
£1000
|
None
|
|
Hidden Costs
(home insurance, council tax... etc)
|
£1000
|
None
|
| Home Information Pack or
HIPs |
£400
|
None
|
|
|
|
|
But do not
forget:
|
- Your total time spent
preparing the property to sell (decorating,
cleaning etc)
- Countless viewings by
strangers; feedback from estate agents
(often negative)
- Receive reduced offers
from buyers. Offers are generally 90-93% of
the asking price (i.e. 90-93 pence in
a Pound) or less. This is current UK
average according to Hometrack.
- If offer not accepted
then start all over again
- If offer accepted
then hold your breath and wait anxiously
for the sale to complete. Many sales fall
through at the last minute because buyer
can not raise mortgage... or can't
sell his own house... or his own buyer
pulled out.
-
- Many buyers are
becoming increasingly nervous
buying new properties in the
current economic climate - which
means: start all over
again.
|
Here are the
benefits of selling your house to Instant
Angels:
- Guaranteed Offer, quickest way to sell the
house
- You save money (selling costs)
- You save hassle of selling the house
- You can stay in the property and rent it back for as
long as you like
- You can even buy the property back in future at a
pre-determined price
In short, if we shake hands on the deal then be certain
that we will buy the property - and you can have money
in your account within weeks. We offer the quickest
way for you to sell the house.
Call us now on 0845 643 4183 to discuss how
we can help.
Or submit your property details
now Click
Here
Next: About Us
|