Only freedom will do

edinburgher

The sorts of standard assumptions that I'm referring to will probably be linked to their credit checking/underwriting. For obvious reasons, these won't be published

My assumptions on their assumptions are based on a) the fact that mortgage multiples have dropped b) new affordability questions on mortgage applications and c) review of cost of living indexes such as those drawn together by ONS

At a basic level, if we move before having another child, it won't hurt how much the bank feels we can afford

edinburgher

We are getting a 'valuation' from the EA at the end of the week!

What do I need to ask them?
How tidy should our home be?

smallholdingsister

Are you getting three?
What is your price for a quick sale, a likely price, and the max you think it will sell for?

Does your contract specify "sole selling rights"?

Does your contract have a "ready, willing and able" clause?

How long do you want to tie me into a contract for?

What percentage comission do you charge?

Will it go on rightmove?

Who will be taking the photos and with what?

edinburgher

Two organised so far, but had assumed it was like contractors and will be getting 3. Brilliant tips, thanks!

AlexLK

Thanks re. affordability. I think it's all getting a bit over the top as everyone spends different amounts on different things, I cannot really see how they can tell. Too much computer says no these days.

Good luck selling the flat.

edinburgher

First valuation very positive, 10-14% over what we paid 3 years ago.

Sales spiel aside, I got a positive vibe from the firm, who have sold the last 2 flats in our building for very respectable prices. All in all, possible upside of £10-15,000 from my pessimistic thoughts.

1% + something like £8-900 for Home Report and marketing + VAT. Doesn't sound horrendous, buy will see what the others say...

smallholdingsister

Exciting times!

Debsnewbudget

It might be worth trying to negotiate with estate agent - they are sometimes open to it especially if they want to sell yours

AlexLK

All sounds good.

Has the agent sold the other flats quickly and for a good price?

edinburgher

Debsnewbudget wrote: »

It might be worth trying to negotiate with estate agent - they are sometimes open to it especially if they want to sell yours

I think we're probably at the very low end of this EA's food chain, they market quite a few £,£££,£££ properties :eek:

Going with them as they seem to really know what's hot and not in our area, probably not much room for negotiation.

Has the agent sold the other flats quickly and for a good price?

3-4 weeks, expected 4-6 tops for ours. Both of the other flats went above valuation, one of them substantially above. Our flat is bigger than the other 2 bed that sold this year, also not ground floor which is a boost.