eBay has made selling almost anything online an absolute breeze.
It’s a shame the same can’t be said for selling your home.
Estate agents, valuations, solicitors, conveyancing, surveys, searches – it’s enough to make your head spin.
Even if your sale is plain-sailing, it can be an expensive, time-consuming and emotionally-draining experience.
We examine the seven most common complications when selling your property, and consider why finding a cash buyer can be a quick no-fuss option for some.
7 aspects of selling your house that can lead to complications
- Selling at the wrong time. You need to be aware that winter and the lead up to the Christmas holidays is a slow time of year for home sales. People are busy with social engagements and often don’t want to consider moving around this time. With fewer buyers in the market, you may have to command a lower price.
- Skimping on photos. So much house buying takes place online now. You need high-quality images of your home that are eye-catching and appeal to buyers. In a competitive market, your property may be overlooked if your photos aren’t up to scratch.
- Hiding major problems. If there are significant issues with your property, such as subsidence, roofing problems, damp, or rot, you may find it harder to sell. Buyers’ inspections and surveys are likely to uncover any serious issues that have not been fixed before the sale. You may be able to still sell your property with issues, but there’s a chance buyers who want a turnkey home will be put off.
- Buyers and sellers in a chain. A chain is where there are multiple transactions that are related and need to happen simultaneously for each sale and purchase to conclude. A break in this chain can be detrimental to all parties involved.
- Slow conveyancing. Delays in the legal process can cause a sale to fall through. There may be issues with not providing adequate advice on leaseholds or boundary issues. It can take a while to get the results of surveys, or more in-depth surveys may be needed. Local authority searches and issues like chancel repair liability can all add to complications.
- Regulations and planning. Selling a house without proper planning permission, or building regulations approval, can prove extremely problematic. Buyers will want to see a building regulations certificate as proof that any work carried out on a property has been inspected, and is safe. A house without planning permission can’t be sold on the open market.
- Not choosing the right solicitor. Solicitors are a crucial cog in the house-buying process. If you end up choosing one with a heavy caseload, you may not get the quick service you need. Changing solicitors midway through a sale can also slow down the process as you will have to start afresh with the paperwork.
Is selling your house for cash the viable alternative?
Selling your home to a cash buyer is most definitely a viable alternative.
Issues with securing a mortgage are the most common reason house sales in the UK fall through.
It will almost undoubtedly be a lot quicker, and a whole lot easier, to sell your home if a buyer has the cash up front and doesn’t need to secure mortgage finance.
If your buyer is paying cash, there’s no risk of delay, and no risk of the sale falling through due to a broken chain.
Cash-buying house companies, like Hull Cash Buyers, offer this exact service.
Speak to Hull Cash Buyers today
When it comes to selling your home, there are a number of factors that can complicate a sale. You may be selling at the wrong time in a slow market. You may experience complex legal or conveyancing issues, as well as snags with building regulations or planning permission. Your selection of a solicitor can even slow the process down. The list of potential problems is endless.
This is why selling to a cash buyer can be quicker and easier for some sellers.
If you need to sell your home fast, get in touch with Hull Cash Buyers today. You will receive a free, no obligation, cash offer for your home within an hour of us viewing your property. Zero hassle, zero stress.
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