What are the costs involved with selling your house in the UK?

When you’re looking to sell your house people don’t normally associate costs involved with selling. They only really believe that they are going to receive the costs for the transfer of their house. Obviously this is a because there are actually many course involve which selling your house. Sometimes these costs can occur before you’ve even sold your house. Which is why many people when they’re in the mindset where they want to “sell my house fast” a come to a house buyer like us how can I help with achieve that quick house sale. So now we’re going to go through the costs associated with selling your house the traditional way.

Costs involved with selling your house

Agency fees

Typically these agency fees can cost around £3500. Agency fees refers to free that is Taken for the estate agent that lists your property and finds a buyer for that property. These fees will be taken upon the completion of the sale. Therefore if you managed to sell this house level only be taken is a buyer and has put the money forward. So therefore you just in directly incurred this cost and and won’t be upfront like some of the other costs involved.

Remortgaging

When you’re remortgaging it’s almost unavoidable but you won’t be charged a fee. You could try porting your mortgage into another property. If you are remortgaging this is an opportunity by saving thousands through changing your mortgage rates. For example you could be moving from introductory rate twice standard rate. This is why it’s important to consult with your mortgage broker to avoid any repayment charges and be able to serve thousands of pounds in mortgage fees.

Conveyancing fees

In order to sell your house you need a conveyancing solicitor to complete transfer of funds and exchange. The conveyance fee you’re likely to incur is £1,200. These legal fees will occur before the property sale is complete. So for example if you pay these fees and you have a unqualified buyer who are the last moment has to pull out due to his situation you won’t be able to get refund on these fees. As the transaction for these fees is with the conveyancing solicitor before you’re just paying them for your time and the legal documents. You can try and get a refund at this point but it’s very unlikely. This is another reason why customers like to sell their property to us because this process is avoided if we handle your legal fees and therefore reduces the risk involved with selling your property.

Energy Performance Certificate (EPC)

Anyone selling their property normally has to provide Energy Performance Certificate. An Energy Performance Certificate shows potential buyers efficiency for house it’s on a scale from A to G, I’ve been the most efficient energy being the least efficient. Regards efficiency were on about how much energy the house uses and therefore the typical costs you will incur when you take ownership of the house. The cost for an EPC will vary between £50 to £120. Again this is something you will do before the sale of the property therefore it’s non-refundable.

House clearance and removal company fees

Before selling your property you’ll likely be advised by an estate agent for most people in the property industry to have your house cleared beforehand. It’s not mandatory to do this however it’s a part of the process when listing with an estate agent. Don’t have a house clearance company in mind that they will use and get the job done for you. The reason for it is most likely the buyers will want to put their own furniture in it and maybe refurbish some rooms. Because it’s been cleared it easier to refurbish and put in their own furniture. Estate agents in will get you to clear the property is to make it look more appealing when the potential buyers  are viewing the property. For example you cannot seem very dated furniture in there and that more than likely just put off first time buyers and make the house look less appealing. The cost for having a house clearance is normally anything from £50 to £1000. This price is normally calculated on the amount of furniture you have in the house therefore they have to pay for a larger vehicle or if you have valuables in the house and then they take this as payment. Likewise with the other costs this is non-refundable.


So you might be shocked about the costs involved with selling your property. You can probably see why our service of just coming in and buying this property without you and to incur many of these costs is very valuable for people. The amount of time people have to spend on performing all of these costs and planning them. We provide a service that help customers situation that can be somewhat stressful for them.