Should i try to sell now or in spring- please help!!

teamscottbarnes

abaxas- rivelin valley

trulysaintly

Don't worry about a HIP costing you £500 - you can get them online for around £300 - try googling it.

Don't go for a 'free' HIP through with an estate agent unless the T&C's specifically state that you can use it even if you change Estate Agents.

I'm in a similar position to you - trying to trade up to a 3bed as another kiddie on the way - we're going on the market in January.

There never is a right and wrong time to go to market, just be realistic in what you want to achieve.

Best of luck.

PasturesNew

teamscottbarnes wrote: »

With the start of HIPs for 2-bed houses starting on Dec 14th i would obviously save myself £500

And you might alienate potential buyers who think you put it on to avoid a HIP as there's something wrong. Which might put you at a disadvantage over somebody who had one.

teamscottbarnes wrote: »

if i put it on the market now but may have to accept a lower offer due to the slow down in the housing market.

I personally don't see the spring being a better time at all. Traditionally it has been, but the slowdown is here and with the changes in Capital Gains Tax and how that affects BTLers you will find a lot of property dumped onto the marketplace in either Dec/Jan to try to sell before April ... and others on 5/6 April because they wanted to sell after that date.

Any date to put it on is as good as any other. You will just get less viewings at certain times of the year. Anybody who would buy your house won't say "No, they put it up for sale in the wrong month for me"

teamscottbarnes wrote: »

Two agents said put it on now and see what happens, the third said wait as he anticipated that the house would sell better in the spring.

2 local professionals out of every 3 say "now"

teamscottbarnes wrote: »

The additional problem with HIPs is that we have had a long running dispute with our neighbour involving right of access and him generally wanting to take over the world, all of which i would have to reveal in the HIPs.

You will have to declare this anyway on the very first form your solicitor sends you to fill out the minute you have a buyer. Anything to declare ... and you would have to tell all.

jonewer

2 our of every three "professsionals" hahahahahaha!

guppy

If you are trading up, a price drop will make it cheaper for you, provided everything drops at a similar rate...might be worth looking around at what's happening locally and doing some sums.