Whether you’re looking to upsize or downsize you will always need to consider your mortgage.
Ideally you would move home when your mortgage is no longer subject to a hefty early repayment charge. If you aren’t tied into your mortgage by an early repayment charge, or if you’re nearing the end of the tie in period, you are in a very good position to move. This is because you have the ability to select an entirely new mortgage or of course stay with your existing lender, either way you’re not tied down by big fees.
Selling the property
Make sure you get the best possible price for your current property, as every little penny counts – we’re talking about large transactions here after all. The difference between a 1% estate agent fee and a 1.5% estate agent fee could be a large amount of money, so always do your research.
Below are some top tips when it comes to selling your property:
Choose the right estate agent
It’s advisable to get at least three independent valuations.
Work with the viewers for appointments.
First impressions count.
Increase the ‘kerb-appeal’ of your property.
It’s a bigger room than it looks!
Use your outdoor space effectively.
Hold your ground
Be a tough negotiator
Buying the property
Ask as many questions as you can. There will be obvious things you want to ask as well as things you’ll probably wish you’d asked at the time.
We’ve compiled a list below which you might find useful: