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Home Owners - How we can Help!

Our Home Information Pack service to Home owners is simply based on quality of service and value. Make your HIP our top priority, and give yourself complete flexibility.

We have a large panel of energy assessors to choose from using local people we have on our panel.

 
If you already have lease or other documents in their possession then that’s fine we can upload them into the pack and save a few more pounds. Why pay for something that is already available?

We aim to do EPCs within 24 hrs of your instruction, this is how we can get you on the market fast. However this is subject to your avalibialty of course.

The only other delay which can occur is when a property is unregistered or no title is avalible. We can normally get a response from land registery in 3-4 days but this can vary.

If you can supply a O/S plan marked in red which will be required, this can help speed up the process.
Moving house isn't a cheap exercise, so before you put your house on the market, it's important to do your homework and work out exactly how much it's going to cost to sell.

Use this table (below) to give you an approximate idea of the costs of buying and moving home. Select the relevant figures for legal, mortgage and removals costs and then add together for the total cost. If you are using an estate agent to sell your property, take the value of your property and multiply it by 1.8 per cent to gain an idea of the fee you are likely to have to pay to an estate agent.

The cost of moving home at a glance

Legal Costs

  • * Only add this figure if you are buying a flat.

Value of property

Up to £99k

£100k - £249k

£250k - £400k

£401k - £500k

£500k +

Fees

465

560

590

650

700

Searches

175

200

225

250

250

Stamp Duty

0

see ready reckoner

see ready reckoner

Money transfer

35

35

35

35

35

Land Registry fee

200

200

250

250

420

Leasehold*

115

115

115

115

115

 

Mortgage fees

  • * If you are obtaining a mortgage, check whether you need to pay an arrangement and/or booking fee.
  • ** A higher lending charge is only appropriate in certain cases.
  • *** The choice of survey is yours to make.

Value of property

Up to £99k

£100k - £249k

£250k - £400k

£401k - £500k

£500k +

Valuation

175

265

420

420

420

Arrangement fee*

300

300

300

300

300

And/or booking fee

250

250

250

250

250

Higher lending charge**

 

Survey fee***

 

 

 

 

 

- Either homebuyer

300

300

550

650

800

- or building

500

500

700

800

1200

 

 

Removals

  • Courtesy of Which? essential guides ''Buy sell and Move House' p.30/31.

Value of property

Up to £99k

£100k - £249k

£250k - £400k

£401k - £500k

£500k +

Hire a van

125

125

Not recommended

Not recommended

Not recommended

Removal company

450

600

800

1000

1500

Add packing by removal company

100

150

200

250

300

As of spring 2006 the current stamp duty rates are:

Stamp Duty rates

Stamp duty land tax ready reckoner

  • Courtesy of Which? essential guides 'Buy sell and Move House' p.31.

Property value

Stamp duty

Up to £125,000

Nil

£125,001 - £250,000

1%

£250,001 - £500,000

3%

More than £500,000

4%

Estate agent fee

If you are using an estate agent to sell your home, you will be charged a fee for their services. This will usually vary between 1.5 and 3% of your property's sale price plus VAT and will be at the upper end if you sign up to a multi-agent contract. So if your house sells for say £250,000, you will pay them anything from £3,750-7,500 in commission plus VAT. Fees can be negotiated up front, and even reduced after a period of time if your agent is slow to sell your property.

Mortgage penalties

Check your mortgage's small print to find out what charges might be applicable if you are settling your loan early.

Redemption penalty

When moving house, you will be paying off your existing mortgage and taking out a new one. Repaying some or all of your existing mortgage may incur early repayment charges (also known as redemption penalties) so check your mortgage small print. This can be as much as several months' worth of mortgage payments as a penalty for redeeming earlier than your mortgage agreement. However, if your mortgage is what's called 'portable', you can transfer this loan to the new property.

Mortgage Exit Administration Fee

Pay off a mortgage and you'll be charged a mortgage exit administration fee (MEAF) that covers the admin costs associated with releasing a mortgage once the capital's been paid. This is either applied when you pay off your mortgage early or at the end of the original mortgage term.

Removals

Think about the cost of removals. Hiring a van is a cheaper option if you're only moving a short distance from a flat or small house. However for anything larger or for long distance moves, it makes practical sense in terms of time and labour to hire a professional removals firm. This can cost anything up to £1,500 plus additional packing costs.

Guide to removal costs

Removals

Value of property

  • Courtesy of Which? essential guides 'Buy, Sell and Move House' p.31.

 

Up to £99k

£100-£249k

£250-£400k

£401-£500k

£501+

Hire a van

£125

£125

Not recommended

Not recommended

Not recommended

Removal company

£450

£600

£800

£1000

£1500

Add packing by removal company

£100

£150

£200

£250

£300

  • Privately
    • Lawpack - www.lawpack.co.uk
      The UK's self-help legal publisher that has tips on selling property privately.
    • Which - www.which.co.uk/books
      Independent advice on buying, selling and moving house.
  • With an agent
    Although there is currently minimal formal regulation of estate agents, there are trade associations that enforce strict codes of practice. Check to see if an agent is a member. These trade bodies offer a good way of appealing should something go wrong and their aim is to ensure members provide the highest level of service to UK buyers and sellers.
And Don't forget the cost of a HIP as well!
 
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