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EPC and private sale?
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# 1
Welsh Totster
Old 18-11-2010, 10:57 PM
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Default EPC and private sale?

I have a private buyer coming to view a house I own and would love it if I could get a sale without an EA and fees, but would I need an EPC for a private sale? The EA tells me I need one before they can Market it for me but I wondered if it's the same for private sales? Ta
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# 2
timmyt
Old 18-11-2010, 11:00 PM
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the EA is correct.

and use an EA, they squeeze a buyer for more money than you can, and end up paying their own way...and then some.

but your call
My posts are just my opinions and are not offered as legal advice - though I consider them darn fine opinions none the less.

My bad spelling...well I rush type these opinions on my own time, so sorry, but they are free.
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# 3
G_M
Old 18-11-2010, 11:04 PM
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You only need an EPC to market the property. If you don't market it (ie your neighbour/relative is buying) you don't need one. Word of mouth is not marketing.
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# 4
Welsh Totster
Old 18-11-2010, 11:05 PM
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Thanks Timmy. That doesn't answer my question though. I know I'd need an EPC if I was going through an EA. But if I'm not, do I still require one. Oh and I don't think the EA would "squeeze" any more money out if anyone except me and I can do with keeping the 3k+ they'd be charging!
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# 5
Welsh Totster
Old 18-11-2010, 11:08 PM
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Thanks GM, that makes sense as I'm not marketing it, I just happen to know someone who is interested which is quite handy if he does want to buy it!
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# 6
david29dpo
Old 19-11-2010, 7:26 AM
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If you are not marketing, you only need an EPC on exchange of contracts. Plenty on the net from 45.00
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# 7
timmyt
Old 19-11-2010, 10:32 PM
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Quote:
Originally Posted by G_M View Post
You only need an EPC to market the property. If you don't market it (ie your neighbour/relative is buying) you don't need one. Word of mouth is not marketing.
wrong. if I sell my house I need to get an EPC for the buyer that is EU reulations in UK law now. Nothing to do with 'marketing' which was the old HIP rules.

so back to my original post....the EA was right, and if you go private, you need an EPC too, and use an EA as they will get the best price...unless you are a Dodo and go fix fee with an estate agent like some idiots do, wereupon the agent won't care what price they sell for.

national estate agents - avoid and use local indeedent who trade on their name and reputation and who 'care' - are the culprits in fixed fees.
My posts are just my opinions and are not offered as legal advice - though I consider them darn fine opinions none the less.

My bad spelling...well I rush type these opinions on my own time, so sorry, but they are free.
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