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Sell-It-Yourself Guide
Value Your Property
Instruct Your Solicitor
Obtain an EPC Certificate
Advertise on Bath-Properties.com
Step 1
Valuing your Property
You can get an idea of property prices in your area by visiting the Land Registry website where you can see what is actually happening to average prices
of property in England and Wales, here:
www1.landregistry.gov.uk/houseprices/housepriceindex/report
One of the largest mortgage lenders in the country, Halifax/HBOS, publishes a monthly property price index, here:
www.hbosplc.com/economy/housingresearch
You can browse local estate agents windows, adverts in newspapers and the internet, to identify similar properties in your local area and
the price that they are selling for.
You could ask three local estate agents for a free valuation.
Finally decide for yourself what your bottom line price will be - most buyers will expect to make an offer slightly lower than the asking price so bear this in mind when deciding upon the price you will advertise.
Step 2
Conveyancing
Conveyancing is the legal process by which ownership of a property is transferred from the seller to the buyer so you will want to hire a solicitor or licensed conveyancer to handle this process.
The Law Society is the professional body for solicitors and offers advice for finding a suitable professional here:
www.lawsociety.org.uk/choosingandusing/findasolicitor.law
Step 3
EPC Certificates
From 21 May 2010 if you are selling a property privately or through an agent you are required by law to order an Energy Performance Certificate (EPC) prior to placing the property on the market.
Since October 2008 an EPC is required for all rental properties prior to letting the property to a new tenant.
Further information can be found on the UK government website here:
DirectGov - Energy Performance Certificates
Step 4
Attracting potential Buyers
Create your advertisement on Bath-Properties.com by describing your property, providing as much information as possible about your home and its features.
Upload photographs and detail any benefits of the area where your property is situated.
The process is very easy and instructions can be found here:
www.bath-properties.com/add_help
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Hot Topics
When will interest rates rise?
What next for interest rates? We wish we could give an exact forecast, but we can't. We can, however, arm you with the right information and views from those in the know.. (30/03/2011 This Is Money).
House prices - what next ?
Hopeful sellers are increasing asking prices, according to Rightmove, but house prices have fallen by 11% since last summer, claims rival proeprty listing website Zoopla.. (25/03/2011 This Is Money).
Budget 2011: First-time buyers to get loans
A new shared equity scheme for first-time buyers has been called as a "shot in the arm" for the housing market. (23/03/2011 BBC).
Councils to help first-time buyers on to housing ladder.
Councils are to help first-time buyers get on the housing ladder by topping up their deposits. (16/03/2011 BBC).
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Latest Rates
Updated: April 2011
| Lender |
Rate |
Change |
| First Direct |
1.99% |
-0.00 |
| Skipton |
2.28% |
-0.00 |
| HSBC |
2.29% |
-0.00 |
| Santander |
2.29% |
-0.00 |
| Yorkshire |
2.29% |
-0.00 |
| ING Direct |
2.49% |
-0.00 |
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Base Rate Trackers
Source - moneysupermarket.com |
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