Considering whether to sell your house this year? Read on!
With fresh starts and the Christmas decorations all finally packed away again, January is a popular time of the year to set targets plan for the next 12 months, and visualise where you want to be at the end of it.
From entertaining over the festive period to finding storage space for new gifts and toys, even how energy efficient your house has been in those cold winter months, you may be wondering if the house you’re in is the one you can see yourself in for the foreseeable, or if it’s time to move on.
If you’re leaning towards the latter, we look at why January is a good time to start preparing to sell your house and just how you can do that.
The market refreshed
Traditionally the housing market starts to decline from October through to December, before a rush of properties come onto the market in the Spring. This is understandable; who wants to move house on a chilly winter’s day?
Come the New Year, people start to look once again at taking that first step or the next step on the property ladder.
If you’re looking to sell within the year, now is the time to start making those plans a reality, the sooner you get your property on the market, the sooner you can instruct a conveyancing solicitor who can begin to prepare all the basic documents you will need to sell your house, helping to speed up the process.
Spring sales
Spring is a popular time for homeowners to put their properties on the market, and it can become saturated with heavy competition for those looking to sell for the best price in a buyer’s market. If you have a valuation you aim to sell at or even need to meet to make a move worthwhile, this could take longer during this period.
Chain reaction
With a very busy market, there is an increased chance of getting stuck in a property chain, which extends your selling process as there will be buyers and sellers before you. The conveyancing process for a buyer is typically longer since there are more steps involved.
Selling in the early part of the year allows your property to be seen before others join the marketplace making it far easier for your property to achieve its potential. As the market becomes more saturated, the conveyancing process can take longer meaning you may have to wait for months before moving into your new property.
Preparing for sale
Selecting your conveyancing solicitor early on can help you find the right team for the job, enabling open communication from both sides throughout the process, no matter how complex.
As a seller, conveyancing has fewer steps but instructing a solicitor when you decide to list your house allows the paperwork to start early and hopefully prevents delays when a buyer is found.
A huge part of moving house is being ready for completion day. Why not take advantage of the quiet month of January to de-clutter? Clear out those items you no longer want or need, this may help sell your property as buyers prefer a de-cluttered property upon viewing.
Get in Touch
For any guidance at all on the house buying and selling process, our conveyancing team will be happy to help. Our team’s glowing feedback on Review Solicitors speaks for itself, so whenever you’re ready, we’ll be here to help.
Get in touch with our team on 0161 969 3131, fill in our contact form, or you can even get a free, no obligation instant quote here if you’re at that stage.