Seller FAQs

Many frequently asked questions we are asked by home sellers have been answered in the ‘Sellers’ tab that can be found at the top of the page. However please see below other FAQs we are often asked that may not have been already covered:

No – we provide no-obligation valuations free of charge, as this is the starting point towards any potential property sale.

A for sale board is another form of marketing for your home and is recommended in order to achieve the best sale price for any property. The impact a for sale board will have is dependent on the location of the property and the passing traffic. However, whilst advised, we do not make this mandatory and if you would prefer not to have a for sale board this is no issue.

This is dependent on the property and the owner’s requirements, however in a normal situation our team will contact the seller to arrange a viewing for a convenient day/time to suit the owner, buyer and our team. Our team will accompany the viewing and will follow up with the viewer post-viewing for feedback, which will be provided to you as soon as received.

  • Estate Agent – the cost of an estate agent will vary and will often depend on the value of the property. The cost should be no sale, no fee and could be either a fixed fee or a percentage fee, which should be payable once your sale has completed.
  • Solicitor – the cost of solicitor can also vary and there may be costs to pay along the way through your sale, depending on the solicitor firm and whether you are selling or purchasing a property also.
  • Energy Performance Certificate (EPC) – it is a legal requirement for most properties (excluding some, for example Grade II listed buildings) to have an EPC, which will be a minor cost in the general moving process, however can very dependent on the assessor/company. An EPC will last for 10 years, and you can find out if you already have one here –
  • Removals – a cost that you may choose to avoid and DIY, however should contribute to an easier completion day if instructed. Once again, costs will vary depending on the company, the size of the property you are moving from/to, as well as the distance between the properties.

You will need to appoint a solicitor once a buyer has been found, however you are able to choose and appoint your solicitor earlier should you wish to do so. By doing so, this will enable you to prepare all documentation required by the solicitor earlier, which will assist with speeding up the transaction once a buyer has been secured.

Every sale is different and the length of time the sale will take to complete is dependent on your buyer’s position and your onward plans. The conveyancing and mortgage application processes can take a number of weeks, however this period of time can be extended dependent on the chain involved with the sale.

The average transaction often exchanges and completes within 8–12 weeks, however this period of time can be shorter or longer dependent on the above variables.

Once both parties have signed the contracts then your solicitor and the buyer’s solicitor will consult both parties and agree a completion date. If you or your buyer require a mortgage then after the contracts are signed, the mortgage funds will be requested from the mortgage lender by the solicitor. The mortgage lender will let the solicitor know when the funds will be released, then your solicitor and the buyer’s solicitor will consult both parties and agree a completion date.

Stamp duty is only paid by a purchaser, therefore if you are not purchasing a property then you will not be responsible for paying Stamp Duty.

Contact The Peterborough Team

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