Author: Sky Bloom IT
Selling your first home can feel exciting and straightforward. You accept an offer, instruct a solicitor and start planning your move. However, many first-time sellers quickly discover that there are several hidden costs involved — expenses that are not always obvious at the outset but can significantly reduce your final profit. While most people budget for estate agent commission, there are additional fees and financial considerations that can easily be overlooked. Understanding these in advance helps you plan realistically and avoid unnecessary stress during the transaction. Here is what every first-time seller in the UK should know. 1. Estate Agent…
If you’re planning to sell your property, it’s essential to understand every fee involved — not just the obvious ones. From estate agent commission to legal paperwork and mortgage redemption charges, selling a house in the UK comes with a range of costs that directly affect how much money you will take away at completion. Many sellers focus purely on the expected sale price, but fewer calculate the full list of deductions that apply before the funds reach their bank account. This guide provides a detailed breakdown of all the fees and charges you should budget for when selling a…