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Selling a property.

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Old Feb 21, 2007 | 08:14 PM
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Default Selling a property.

What are the costs involved?

I've never done it before, i'm not looking for true costs, just some ball park figures to give me an idea.

Ta.
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Old Feb 21, 2007 | 08:47 PM
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Estate Agents charge in the region of 1¼-1½% of whatever you sell the house for and solicitor's fees can be anything between £500-£800 depending on the sale price.
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Old Feb 21, 2007 | 08:52 PM
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I got my est agent down to 1% and solicitors cost £560
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Old Feb 21, 2007 | 09:01 PM
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If you are buying on double that solicitors fee and add stamp duty..

Sols = £1200 (Buying and selling)
Stamp Duty = 1% over 125k 3% over 250k
Est Agents = 1.5% average (+ vat)
Removals = ??
Mtge fee's = ??
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Old Feb 21, 2007 | 09:04 PM
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Negotiate hard on the estate agency fee as the margins are huge and its easy to save some dosh.
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Old Feb 21, 2007 | 10:00 PM
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Paul Ripley and COmedy Dan are you people for this
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Old Feb 21, 2007 | 10:08 PM
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Thanks peeps

BTTT for Paul & Dan then
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Old Feb 23, 2007 | 11:16 PM
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Old Feb 24, 2007 | 02:26 PM
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Estate Agency fee's in my area can vary loads! from 1% - 2% but like everyone says 1% shouldn't be too hard to negotiate esp as its a sellers market at the moment.. with more buyers then houses most are selling quickly

Solicitor/conveyancer Fee's vary depending on selling/purchase price.. also they generally charge more for work on Leasehold properties.
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Old Feb 24, 2007 | 05:41 PM
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Thanks Paul
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