After a two-month lockdown property pause earlier this year, the UK property market is thriving once again.
Buyers that want to take advantage of the Stamp Duty / Land Transaction Tax holiday are looking to buy NOW – before it ends on March 31st 2021!
If you want to sell your property before the stamp duty deadline, here are some tips…
Get your property ready
If you’re serious about selling, get your home ready for viewings but making it look it’s best. De-clutter, tidy up and make changes that will improve the appearance of your property.
Take appealing photos of your property
Buyers make their minds up in seconds when viewing properties online or in a branch window. Having the very best photography of your home is vital. The right photos could mean higher offers and a quicker sale – especially if buyers are unable to view the property in person. At Peter Morgan, we can take professional images of your property, but if you are self-isolating or would prefer to do them yourself, make sure the room has plenty of natural light and you capture the best angles.
Be realistic with your asking price
It may be tempting to overprice as you know buyers will be saving on stamp duty – but this can backfire and lose you valuable time on the market. If you list too high and then decide to reduce your initial asking price, the number of views will drop after the initial buzz, so don’t risk your house being stigmatised by an unrealistic asking price from the start.
Instruct an agent
An agent can help your property get the exposure it needs and find the right buyer. When it comes to choosing an agent to sell your home, choose someone experienced in the local area with a good track record. You’ll also want to pick an agency with fair selling fees.
Peter Morgan Sales & Lettings have 40 years experience in the South Wales market and are the only Guild of Property Professionals’ Member in the area.
Get your paperwork in order
Having everything in place your end can speed up the process and reduce the chance of the sale falling through.
You’ll need all relevant documents such as:
- A copy of the lease (if the property is leasehold)
- Documentation related to the freehold (if it’s a freehold property
- FENSA certificates for replacement windows
- Your Energy Performance Certificate (EPC)
- Relevant building restrictions
- Building regulation certificate when alterations have taken place
- A Gas Safety certificate for a new boiler.
You’ll also need to complete a Property Information Questionnaire before your house is ‘sale ready’.
Be considerate of buyers and estate agents
Ensure you vacate the property when viewings take place to minimise your contact with those not in your household and follow social distancing measures.