On July 8th 2020 the Chancellor of the Exchequer, announced an eight-month stamp duty holiday. This extra home buyer incentive will end on the 31st March 2021 and has been created in order to help boost Britain’s housing market and battle the fallen house prices due to COVID-19.
It could be the perfect time to sell and could save the average home buyer over £2000!
Here are a few top tips in order for you to sell your house before the deadline.
1) Show you are serious
Show house hunters that you are serious about the sale of your home:
- make sure that you read up on and adhere to all social distancing rules
- try to declutter your home as much as possible
- create clear walkways, which will reduce the amount of “touching” needed from the viewer
- vacate your home when the viewing takes place.
2) Photos and virtual viewings
Showing the best images possible of your home is vital – people often make their minds up within seconds of viewing them online. Having the added bonus of a virtual tour is highly recommended, it can sometimes remove the need for a visit in person and can improve your chances over a listing that does not offer this feature.
3) Realistic asking price
In the current climate a realistic asking price is a must, with a short time in which to sell your home you do not want to prolong the process by putting people off by asking too much. The most viewings a house will receive normally happens within the first 30 days, so don’t reduce the initial buzz by pricing too high!
4) Choosing the right estate agent
This is vital, in order for your sale to run as smoothly as possible we advise that you contact around 4 agents and ask them each for a valuation of your property. This is your time to test communication, efficiency and get an overall feel for the people and firm.
5) Choose the right legal team
Once you have an offer on your property, and have an offer accepted on the property you wish to buy, you need to start the legal process. Having an expert conveyancing team that can offer professional and informed advice to help you navigate the new rules and take you through the process step by step, is essential. Here at legalmatters our residential conveyancing experts have years of experience. We will help turn what can be a stressful process, into one that is as smooth and efficient as possible. We will guide you through what needs to be done and will always keep you up to date and informed, so that you are not worried about legal complexities and so that deadlines are not missed. Unlike a lot of firms, we offer competitive fixed fees for all transactions.
Services from legalmatters during Covid-19 pandemic
Here at legalmatters, we continue to do everything we possibly can to service our existing and new clients during these very difficult times.
Our ability to provide remote services makes us stand out from the crowd. With legalmatters, your will, power of attorney, probate, trust and tax advice, conveyancing and legal services for business owners, can all be dealt with over the phone, by video conference or by email and documents are sent to you by post. We are also advising our clients on signature processes bearing in mind social distancing measures.
Meanwhile, the office continues to operate with minimal skeleton staff – for the protection of our staff, clients and visitors – enabling us to still process physical documents for our clients. If you do find that you need to call in to the office – for instance to have documents witnessed when it is otherwise difficult for you to arrange that with family and friends – then do please get in touch.
For more information or to talk to our conveyancing team about your own plans, call us on 01243 216900 or email us at email@example.com.