next-home-brochure-draft6 - page 24-25

Frequently asked questions
1. How much will it cost to sell my property?
The costs involved in selling your property consist of:
• A Home Report
• Your estate agent should detail all marketing expenses in detail prior to advertising.
Please check before instructing your agent there aren’t any hidden extra charges for
viewing etc.
• Legal fees for the conveyancing process. These vary depending on the solicitor you
2. Are there any additional marketing costs?
Your estate agent should detail all marketing expenses in detail prior to Advertising.
Please check before instructing your agent there arent any ‘extra hidden charges for
viewing etc.
3. What and where are my Title Deeds?
Your Title Deeds are proof of ownership of your property. They will be held by your bank
or building society if you have a mortgage and your solicitor will obtain the deeds and
let the buyer’s solicitor have a copy.
4. Do I need to redecorate before I put my property on the market?
It is not essential to redecorate your property before placing it on the market, however,
if an area is in need of a lick of paint this will appeal to potential buyers.
6. Who will conduct viewings on my property and when will they occur?
Your estate agent should accompany all viewings during their opening hours. However,
in some circumstances they may ask you to conduct the occasional viewing. It is advisable
to choose an estate agent who offers longer opening hours to maximise viewing
potential and minimise the number of viewings you have to conduct yourself.
7. Do I need to be present for viewings?
If your estate agent is accompanying all viewings and they have the access codes and
keys for your property your presence is not required. It is worth noting that buyers often
feel more relaxed when the owner is not present.
8. If I accept an offer will my property still be viewed?
This depends on the condition of the offer and what your preferences are.
5. Do I need to pay Stamp Duty?
No, the buyer is responsible for paying Stamp Duty.
9. When do I have to move out?
On entry date, which is mutually agreed by yourself and the buyer.
10. Do I have to pay Capital Gains Tax on the property?
If you are selling a property that is your main home, you won’t have to pay tax on it as
long as you satisfy certain conditions. However, if you are selling a property that is not
your main home, it is likely that you may have to pay Capital Gains Tax.
11. How long does a Home Report last?
The documents in a Home Report must be no more than 12 weeks old when you put
your property on the market but once your home is on the market, there is no official
‘expiry date’ for the Home Report.
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