Here are some frequently asked questions we receive from our sellers.
How do you know how much my house is worth?
The simple answer to this is from research and knowledge of the local area. The way we conclude as to how much your home is worth is based on comparable properties that have sold in a close proximity, usually up to a 0.5 mile radius. We will gather a detailed report, along with other forms of evidence to justify a fair and realistic price for your property. We appreciate there are many factors that can affect the price of a property, including condition, garden size and location which is why we always prefer to come round and see the property in person. If you are looking for a free, up to date valuation, please call us and we will be happy to help.
How long will it take for my property to sell?
How much stamp duty will I pay?
Stamp Duty (SDLT) is the tax paid to the government by a buyer on the purchase of a property. Rates can vary between 1% and 13% depending on your personal circumstance and the price of your property. The tax is exempt on the first £125,000 but genuine first time buyers are exempt for up to £300,000 providing the property is worth less than £500,000. The table below explains the different thresholds of stamp duty.