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February 6, 2023What is the cost of selling a house? Everything you need to know.
If you are selling a house, you need to know the selling costs. Below you will find information on all the costs when you are selling your house. The important thing to keep in mind is that fees of selling a house vary. For example, they depend on the value of the house you are selling.
CONVEYANCING FEES
To take care of the legal aspects of selling your house you will need to hire a solicitor or licensed conveyancer. You can expect to pay anywhere between 400 GBP and 1,500 GBP for sales conveyancing, depending on how complex the transaction is.
ENERGY PERFORMANCE CERTIFICATE (EPC)
Before selling your house, you must have an energy performance certificate. It costs range from 60 GBP to 120 GBP.
REAL ESTATE AGENT FEES
If you use the help of an estate agent, you must add a fee for their services to the cost of selling your house. The amount of this fee depends on the terms and conditions agreed with your estate agent and the value of the house you are selling.
REMOVAL FEES
Moving costs depend on how far and how many things you need to transport. The average cost to move is around 300 GBP to 850 GBP. Check out the opinions of various moving companies. Thanks to this, you will be sure that your stuff will be transported safely.
OTHERS FEES
If the house you are selling needs to be renovated, you’ll need to add the cost to the total cost of selling the house. If you have a mortgage, you may be subject to an early repayment fee. Find out what the cost of early mortgage repayments is in your case as it depends on your remaining balance.