What are the fees associated with selling a property?
Asked on Jul 7 2009,
Selling in Glasgow |
This is probably not an exhaustive list but, off the top of my head, you can expect fees for: (1) a Home Information Pack (HIP); (2) estate agent to advertise and show your property to interested buyers; (3) solicitor to handle the legal paperwork; (4) moving company.
Answered on Jul 9 2009,
In terms of legal and sale fees, you will need to pay a solicitor's fee (plus VAT), you will have to pay for various property searches through your solicitor (these are exhibited to the purchaser), and if you have a mortgage, you will need to pay a fee to register the discharge of the security.
Your mortgage provider may also charge exit fees, redemption fees or a fee for looking out your title deeds (if relevant).
Your solicitor should be able to give you an indication of his or her fee (or indeed a quote for a fixed fee!) along with an estimate of the other disbursements listed above.
Answered on Aug 12 2009,
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