Top Tips For Selling Your Home In 2017
Preparing to sell your home is reported to be one of the most stressful life experiences! Our article is designed to equip you with the key considerations and some useful hints and tips!
Current state of the market
Whilst 2016 saw the UK housing market being impacted by two very significant factors; the EU referendum and the stamp duty surcharge, Rightmove predicts a healthy 2% rise in the average UK House Price Index (HPI) in 2017.
And. According to figures published by the Office for National Statistics the most popular areas of the UK for buying are recorded in the East, South East & London. So, if you’re looking to sell your home in Abingdon, Oxfordshire in 2017 now is the time!
Buying & selling a property is a costly process and thought should be given to the following:-
Your current mortgage.
- Are you currently in negative equity?
- Are there any early redemption policies on your current mortgage?
- How much money is your current property worth?
- If you’re buying a new property. Get an agreement in principal from a mortgage provider as to how much they would be willing to lend you.
- How long will it take to move? Will you need to rent temporarily? It’s perhaps worth adding a contingency to allow for potential unforeseen circumstances.
Ready to Move?
We all know that first impressions count, so you need to ensure your property is seen in the possible light to viewers. Use our checklist below to help you prepare your home for sale.
- Declutter the living space but try not to remove all evidence of your personality. Remember that frequently people are buying into a lifestyle change alongside a new home.
- Are you luxuriating in a super king size bed..?! Consider storing larger items of furniture and replacing them with smaller versions to emphasise the living space.
Fix and clean
- Are wild blackberries threatening to overtake your privet bushes in the front garden? Does the gate/front door need some WD40? Do you have any broken bathroom tiles? Threadbare carpet? Take a walk around the outside and inside of your home and make a list of all noticeable ‘snags’ - these little things can sometimes be extremely off-putting to a prospective buyer.
- Hopefully you won’t need Kim and Aggy! However, you should clean everything until it sparkles! Remove limescale in kitchens and bathrooms, repair the grout and hang fresh towels up! Clean the oven - especially if you intend to leave it as part of the sale.
Give the kitchen a facelift
Per square metre the kitchen is the most valuable room in the house.
- Consider re-facing kitchen cabinets.
- Replacing counter tops. Although expensive this can add some serious value to the sale price.
- Again. Declutter. Get rid of the bread/smoothie/coffee makers from the counter tops and replace with a bright bowl of fruit.
Light & airy
- Is there a reason you do your make-up or tie your tie over a particular side of the bedroom? If one area of a room is particularly dark add a lamp to that corner!
- Ensure bright bulbs are in every room.
- Use mirrors in smaller rooms and hallways to create the illusion of space.
- Clean the windows (inside and out) until they sparkle too. Although fascinating, no one wants to see Charlotte building a web out of their window!
Is there a funny aroma in the air?!
- Fix the source of smells! Clear drains, ensure bins are emptied daily, open windows, bathe pets, get the carpets and furniture cleaned.
- If you’re a smoker we’ve heard placing little bowls of vinegar around the house can help - but get rid of things provides some great tips!
Are there any obvious conversions?
- Don’t let them beat you to it! If there are any obvious conversions to your property; such as a loft room or an extension, if you don’t have it in your budget to make the improvements, consider getting planning permission to do so! It will ensure you get a higher price for your home.
Showing the Property
Last but not least! Choose a great estate agent!
We advise picking a representative that knows the local area well and perhaps, (if you like to deal with one person) consider an independent estate agent.
We’ll know what to highlight as key features and selling points of your property; and downplay the more trickier questions, like noisy neighbours and/or their tribe of pets!