Close Menu
Basic Finance Care

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    The Rise of Digital Wallets: How They are Changing Payments

    May 2, 2025

    Why Smart Finance Firms Hire Expert Financial Writers (And You Should, Too!)

    April 29, 2025

    Bankruptcy Costs: What You Need to Know Before Filing

    March 21, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Basic Finance CareBasic Finance Care
    SUBSCRIBE
    • Home
    • About Me
    • Contact Us
    • Hire Me
    • Blogs Accepting Guest Posts
    • Submit Finance Guest Post
    Basic Finance Care
    Home » How Do You Sell Your Home Without Estate Agents Or Solicitors?
    Real Estate

    How Do You Sell Your Home Without Estate Agents Or Solicitors?

    James PaulBy James PaulDecember 4, 20174 Mins Read
    Sell Your Home
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Selling your home is often a case of expense after expense after expense, and we can completely sympathise –few people like spending money that they don’t have to. So is it possible to sell your home without using solicitors or estate agents?

    Here’s a quick rundown of how you could do just that!

    Eliminating Estate Agents

    If you want to eliminate estate agents, you could just advertise your home locally. Of course, in a world where most people’s first resort is Zoopla or Rightmove, you may struggle if you don’t advertise online. As a result, it could pay to use an online-only agent that simply lists your properties on those sites, and they typically start at around £100 to £200. You cannot directly upload properties to Zoopla or Rightmove, as that requires a long-term subscription, and you would end up paying substantially more (£500 per month or so) for those subscriptions.

    Regardless, if you do decide to advertise your house in the local papers then the first thing you’ll need to do is to tidy your home extensively, and then take well-lit photos of each room. It’s a good idea to open the curtains and have all the lights on when you take these photos, and position yourself in a suitable corner so that you get the widest possible angle. Don’t forget to include the garden, the front of the house and the back of the house. If you have any outbuildings, include those.

    Next, arrange for an energy performance certificate. If the property has had an EPC assessment in the past 10 years, you can reuse the EPC, but otherwise you will have to spend between £50 and £120 to get a new one. An energy specialist will come into the house, take a load of measurements and produce the certificate.

    Finally, talk price. This can be a sticking point, of course, as you want to maximise your price, and the buyer wants to minimise it. Choose a price that is 10% above the actual value, as it gives you an opportunity to reduce it as necessary.

    You will also have to include a contact number so that people can talk to you regarding viewings. Naturally, if you miss one, you could lose a potential sale, so it’s essential that people can contact you at almost any time of the day. Don’t forget that you will have to show them around at a time that’s convenient for them and then follow up on any offers.

    Once you have accepted an offer, you next move onto the legal side.

    Squishing Solicitors

    Now, we could cheat a little and say instruct a conveyancer, as they are not technically solicitors. However, we’ve made the assumption that you want to lower your costs as much as possible, and conveyancers are definitely not free. So, here’s what you need to do.

    First, you need get your title deeds from the Land Registry. These are the documents that tell you what you own and all the conditions that affect the property. Then, you need to fill out forms TA6, TA10 and TA13 and create a contract of sale. If you have a mortgage, you need to create a settlement figure and then organise the final accounts, prepare the final settlement and pay off the remainder of the mortgage. You’ll also have to receive the house deposit, approve the deed of transfer, handover the deeds and finally send the outstanding balance to the account of your choice.

    Here’s the sticking point, though: Many solicitors will not deal with a seller who doesn’t have legal representation. This is because the solicitor cannot automatically trust the documentation as there are no guarantees backing it and no insurance, and it results in extra work for them. It also means that you are personally liable for any mistakes within the documentation, and again, you don’t have any insurance backing you up. Finally, you may not be able to handle the mortgage agreement on your own, as a lot of mortgage providers require an undertaking to be created – this is a formal agreement between legal professionals to pay off the mortgage using the proceeds.

    Now, we absolutely understand why you want to eliminate estate agents and solicitors from the house-buying process, as all that commission can add up toa lot. However, if you really want to save money but still have the convenience of support when you need it, use a hybrid estate agent with a fixed fee, and use a conveyancer to cover yourself. If you do everything by yourself, it’s possible that you could end up in a serious legal tangle.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    James Paul
    • Website

    Related Posts

    Discovering The Best Apartments for Sale in Hamilton

    August 20, 2024

    Exploring the Real Estate Market in Mississauga in 2024

    June 20, 2024

    10 Marketing Skills You Should Have To Become Real Estate Agent Tips by Martin Zialcita

    September 10, 2021

    Best Cities For Real Estate Investment in Montenegro

    May 12, 2021

    Why You Should Become a Real Estate Agent

    October 11, 2020

    How to Secure Property Development Finance

    August 30, 2015
    Add A Comment

    Comments are closed.

    Don't Miss
    Personal Finance

    The Rise of Digital Wallets: How They are Changing Payments

    May 2, 2025

    E-wallets, or virtual wallets, are revolutionizing the way we pay and store money. They are…

    Why Smart Finance Firms Hire Expert Financial Writers (And You Should, Too!)

    April 29, 2025

    Bankruptcy Costs: What You Need to Know Before Filing

    March 21, 2025

    From Injury to Settlement: 5 Key Steps to Maximize Your Slip and Fall Claim

    March 11, 2025
    Our Picks
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Demo

    Subscribe to Updates

    About Us

    I’ve managed to graduate college free of student loans. My mission is to make people understand importance of money management and take sound financial decisions.

    This blog is my attempt to help to be prudent while dealing with saving, debt, credit, investment, insurance, spending or any financial issue. I am here to make your financial life to be sound and secure.

    If you like the articles posted here and interested to hire me for your content writing projects, feel free to contact me.

    Our Picks

    The Rise of Digital Wallets: How They are Changing Payments

    May 2, 2025

    Why Smart Finance Firms Hire Expert Financial Writers (And You Should, Too!)

    April 29, 2025

    Bankruptcy Costs: What You Need to Know Before Filing

    March 21, 2025
    New Comments
      Facebook X (Twitter) Instagram Pinterest
      • Home
      • Contact Us
      • About Me
      © 2025 Designed by Basic Finance Care.

      Type above and press Enter to search. Press Esc to cancel.