QUICK HOUSE SALE COST SAVINGS

QUICK HOUSE SALE COST SAVINGS

A house sale can be a slow and expensive process. Selling your house involves charges from several professional advisers, as well as the ongoing costs of owning the property. By selling to a cash buying companies there are quick house sale cost savings to be made.

If you need to sell quickly and want to avoid the usual costs involved – Quick Move Now can help. As a cash buyer of property, Quick Move Now provides can buy your house immediately if necessary, with the benefit of these potential cost savings:

Estate agent costs:

  • Estate agents typically charge 1% to 2.5% + VAT to sell your home
  • On an average home of £175,000 this could mean a fee of £2,056 to £5,140
  • Sell to Quick Move Now and you could avoid paying an estate agent fee.
  • Most agreements require the agent to introduce the buyer. As you approached Quick Move Now direct it is unlikely that a fee will be payable.
  • A very small number of agreements have stricter criteria so always check the small print.
  • If you are unsure, we can check your agency agreement and assist with any negotiation with the estate agent if necessary.

Solicitor costs:

  • Good solicitors generally cost between £500 and £1,500 including disbursements and VAT.
  • We are confident our service and solicitor will meet your required dates. The weak link tends to be your solicitor.
  • Therefore we recommend using our panel solicitors who understand the need for speed and certainty and can ensure a quick house sale.
  • They work on your behalf and are legally obliged to look after your best interests.
  • If you use our panel solicitors we cover all their standard charges relating to the sale of your home.

Mortgage repayments:

  • Mortgage repayments are often a major outgoing for home owners.
  • Selling property can take months and the mortgage still has to be paid.
  • Quick Move Now buys your property so that you can redeem your mortgage quickly.
  • Buying takes weeks rather than months, so you could avoid making any more repayments.
  • If you are in mortgage arrears or are facing repossession it is possible Quick Move Now can assist.

Service charges and ground rent:

  • Costs often exceed £1,000 a year
  • Sell to Quick Move Now and you will not have ongoing responsibility for these costs.

Council tax:

  • Average UK council tax bill is over £1,000 a year
  • Can be an added expense especially if the property is vacant

Vacant property:

  • If you are no longer living in your property or it has become untenanted
  • It can quickly become a black hole for your cash
  • You find yourself paying mortgage and other costs on a property that isn’t your main dwelling and isn’t bringing in an income. For most homeowners this can only be a short term situation.
  • There are many other non-financial benefits that the service offers over traditional selling methods. Visit the benefits page to learn more.
This content was written by Quick Move Now
Published on 13th January 2015
Last updated on 19th April 2017

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Quick Move Now
Interface Business Park,
Floor One, Unit 15,
Royal Wootton Bassett,
Swindon
SN4 8SY

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