Can I sell my house without an estate agent UK?

Best sites to sell properties

What steps should you follow to sell your house to a foreigner? How can you create a good ad and attract their attention? Can a real estate agency help you in this process? Here we answer all these questions!

Selling a house to foreigners has some peculiarities, mainly because the profile and interests of the buyers will change depending on their country of origin. Therefore, the steps to follow are:

To understand the home buying process of foreign citizens, you must take into account a fundamental characteristic: a large part of the sale will be done online. This means that they will only visit the property when they are really interested in it, so the quality of the ads on real estate portals is very important. Here are some tips on how to capture the attention of foreign nationals and sell your apartment.

Some real estate portals translate the ads for free. But as automatic translation is never perfect, you can also use a translator to write a more accurate and professional ad.

Where can I sell my house?

YOU CAN GO WITH A REAL ESTATE AGENT

An agent must identify himself as a member of a recognized real estate system or association, in addition to providing sufficient information to demonstrate his legal capacity to promote a property and that he has experience in the area.

How do mortgages work in the UK?

You must have at least 5% of the total cost of the property (deposit). In England, the government lends up to 20%, so you need to apply for a mortgage for the remaining 75%. … The value financed by the Government will be interest free for the first 5 years and can be repaid at any time.

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How to sell a house online?

Use real estate portals

One of the best ways you can use to sell your house online is to do it through real estate portals, which have filters that help users find the property that best suits their expectations and needs.

Real estate portal united states

Read also: London homes are worth more than the entire economies of Mexico, Colombia and Argentina1. Start prepping as early as possibleYou can start prepping your home from the moment you decide to put it on the market.But ideally, you should give yourself 90 to 180 days before putting it on the market so you have enough time to update, make repairs and tidy up. “This way you can control your pace and be strategic,” says real estate agent and National Association of Realtors of America representative Brenda Small.2. Seek professional helpA local realtor can give you information about similar homes in your area, pricing trends and what you can do to show your home well.Image source, AlamyPicture caption, Your home should look as fresh and spruced up as possible. “We take a walk through the house to see what’s appealing, what may not be as appealing and what needs repair,” says Small. “And then evaluate, based on price, whether some repairs or renovations can improve the sale of the property. “You’ll need to have thick skin, because it’s tough to accept the criticisms that the professionals or contractors you take on to fix up the house will make of it.

How to buy a house in Spain from London?

The only requirement to buy a house in Spain is to apply for a NIE (Número de Identidad de Extranjeros), which will serve to identify you when making the purchase contract and to pay the corresponding taxes.

How does private ownership work in England?

Each owner owns a portion of the property. Each owner’s share is part of his or her estate and its transfer will be governed by the will of the deceased.

What tax is payable on the sale of a house?

Now, there are three taxes that we must pay when selling an apartment: The IRPF for the capital gain obtained. The municipal capital gains tax. The real estate tax (IBI)

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International real estate portals

Residential properties, homes for rent and off-plan developments with discounted spot prices attract investors from around the world. When it comes to new build sales, a report from London The Council showed that in 2016, foreigners made 13% of all sales. Looking at the bigger picture, in England and Wales in 2018, Step.org said foreign companies owned nearly 100,000 homes.

Indeed, people often ask us if foreigners can buy property in the UK, and the answer is yes, it is an ideal place for long-term investments. However, the critical factor is to already have the finances in place, as getting a mortgage is difficult. With that in mind, let’s look at what you need to know when entering this market.

This is where local research pays off. Some landlords invest in rental properties; that’s why they buy in big cities like Manchester, Birmingham or Nottingham, where there is a substantial student population. Others turn to the vacation market, so head for coastal towns and vacation villages. Overall, there is one notable trend leading the entire UK property market, and that is that demand is falling in the southern regions but rising in the north.

How much does it cost to sell a house?

The expenses that we must pay for selling an apartment are, in general, between 5% and 15% of the sale price, although they vary depending on the autonomous community where the property is located and the particular situation of the property (for example, whether or not it has a mortgage pending amortization).

What happens if my child is born in England?

If one of the parents is British (by birth or acquired nationality) or has settled status, the newborn child could be a British citizen if you so wish and therefore entitled to a passport.

How many pounds does a house in England cost?

If you have in mind to rent a whole house for yourself just know that prices are higher, a one-bedroom house in London can cost between £900-1200 and a two-bedroom between £1500-1800.

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How to sell my house abroad for free

We must take into account that foreign buyers will visit the property only when they are certain that it meets their expectations. In this sense, they will make a filter from the ads published in the portals. Therefore, it will be important to take care of the quality of the images, videos and the description of the apartment.

Secondly, it is advisable to use all the tools available to us: 360º photos, videos, virtual tours, etc. The more information the buyer has, the easier it will be to visualize the property and the more chances we will have to capture their attention.

How to find the best real estate agency to sell our houseTo find the best real estate agency to sell our apartment, the ideal is to compare what several of them offer and choose the one that best suits our needs.

We help you to choose the account with less commissions, the loan or mortgage with the lowest interest rate, the most profitable deposit or the real estate agency to sell your apartment. We provide tips, advice and calculation tools, all completely free of charge.