Property Solutions to Sell Your House Fast For Market Value
It’s best to sell your house before making an offer for another, as although you can make an offer on a house before selling yours, most sellers will only consider an offer from cash buyers, chain-free buyers or those who have already accepted an offer on their existing property.
If you sell your house and don’t buy another home in the UK, you must pay the balance of your mortgage on the property and then bank the remaining equity. The good thing about selling and not buying again in the UK is you don’t pay Capital Gains Tax as long as the house was your your main residence.
You should only sell your house to move if you have to, as it is possible to convert your mortgage to a buy to let and keep your house as an investment instead. You could also use the new buy to let mortgage to withdraw some of your equity for your deposit on your new home.
What should I do to my house before selling: In order of priority the things to do when selling your house include focusing on curb appeal and first impressions of the front of your house, followed by doing up and fixing things that need attention, updating the inside and outside with fresh paint, then a complete declutter and thorough clean.
: You should paint your house before selling, which includes painting the front door, windows and any outside render for a first good impression and paint the interior of your house too. A fresh coat of paint sets a house off well and will make it look loved, plus the rooms will look bright and airy.
Only threaten to pull out of a house purchase if you mean it, as they may call your bluff and the sellers may put their house back on the market. Having said that, the threat to pull out of house purchase may be enough to kick them into action, especially if the sale is important to them.
