Selling
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Buying
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Why Strike
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"Faultless service & great customer experience. I'm recommending them to
everyone I know."

Lynn Chan, Jan 2020

"Excellent service,
fabulous contact.
You know what's happening all
along the journey of your
house sale or purchase."

Tony Hassall

"The future in selling
houses ... Best experience of an estate agent I've
ever had."

Thomas Curran

Cost of selling

Wondering how much it costs to sell your house? Good question. This Strike guide breaks down all of the costs so you can plan ahead.

What are the costs involved in selling your house?

At Strike, we like to be prepared. From agent and solicitors fees to surveys and moving costs, it helps to budget ahead. That’s why we’ve broken down all of the costs of selling your home, so you can plan ahead of time and be in control of your move. 

As you’ll see, your biggest expense is normally the estate agent fees — which can cost you thousands of pounds. That’s where we come in. We offer a fully managed service for free (yes, 100% free). If you like free as much as we do, be sure to check it out

But more on that later. For now, let’s take a look at all of the fees you need to consider and get you ready to move.

Mortgage Costs

When you’re selling a home, a lot of people don’t consider the mortgage they have now and how that might end up costing them. If you have a mortgage on your current home, there are a couple of things you’ll want to consider.

Early Repayment Costs

Most lenders will make you pay a fee if you pay your mortgage off early. Usually, you can only pay an extra 10% a year without being charged — so if you’re paying up in full then you’ll probably need to factor it in.

This fee normally ranges anywhere from 1% to 5% of the mortgage — so if your current mortgage is for £100,000, you could end up paying thousands. Make sure to talk to your lender to learn more. Remember, if you can move your mortgage to the next property you can end up avoiding early repayment fees.

Whether You Can Move Your Mortgage

It’s not all bad news — in a lot of cases, you will be able to “port” your mortgage. That essentially means moving your mortgage on your current property to the one you plan to buy. Talk to your lender, because it can save you a bundle. 

Getting your home ready for sale

If you’re choosing to sell your home, you may need to invest in getting it ready for viewings. You should get this money back in the long run with a higher asking price, but it is an upfront cost you need to consider.

If you’re looking to make smart changes, here’s where to start:

Exterior work on your home

The first impression matters — and cleaning up the exterior of your home can be a great way to increase the value and the “wow” factor, without having to spend too much. 

Here are some tweaks to consider: 

  • Cleaning up the front garden

  • Weeding any outdoor space

  • Making sure your windows are clean

  • Mowing the lawn

Interior work on your home

Again, a few small investments can totally transform the way that buyers view your home. And we like to get you more bang for your buck. 

Here are some small changes that can have a big impact: 

  • A fresh coat of neutral paint where you need it

  • Organizers make rooms look tidy and spacious

  • Add mirrors to add light and a sense of space

  • Plants or soft furnishings to warm up living spaces

When in doubt, your agent should be able to tell you what investments are worth making — that's what we’re here for, after all. We’ll help you work smarter, not harder, to get your home ready to go.

Estate agents fees

Traditionally, estate agent fees are one of the biggest expenses — and usually the biggest expense — you run into when selling your home. Average rates can vary from 0.75% to 3% — and that national average tends to fall around 1.5%. It’s easy to see how quickly that can add up — on a £250,000 property that’s a whopping £3,750. 

The bottom line? Too often people spend thousands of pounds on estate agents that could be spent on their new home. 

Does that sound fair to you? It doesn’t to us, either. If you’re the sort of person who wants to do things differently, Strike is here for you. 

We don’t think selling your home should cost you a penny in estate agent fees. Our free service covers photographs and floorplans, ads on Rightmove and Zoopla, and support all the way through the sales process. We’ll even be there to cheer you on and guide you through until the completion date. In fact, we’re always here when you need us. We just think that’s a better way to sell your home.

If you’re looking for a little something extra, we offer that, too. Professional photos, unlimited hosted viewings, even a video trailer for your home — we can make it happen with our premium service. But if you’re not interested, no pressure — we’ll still sell your home for free. It’s your move, it’s your choice.

The bottom line? People spend thousands of pounds on estate agents that could be spent on their new home. Does that sound fair to you? It doesn’t to us, either. "

Conveyancing fees

Conveyancing is just the legal side of selling your home. Here are the two types of conveyancing fees you’ll come across.

Solicitors Fees

These are the fees to the lawyers themselves. Normally you pay a deposit when you retain their services and the rest upon completion of the sale of the property. This is the biggest expense when it comes to conveyancing. 

Deeds And Searches

When selling a home, your solicitors may have to run additional checks — like a background check on the potential buyer — as well as getting title deeds from the Land Registry. They’re a lot of relatively small fees, but they add up. It pays to be prepared.

Other charges you might face

When working out how much selling your home costs, there are unexpected fees that might pop up — here are some that you should keep in mind.

  • Mail forwarding

  • Removal of large appliances

  • Energy Performance Certificate (EPC)

  • Moving costs 

  • Stamp duty on your new home

  • Capital gains if you’re selling a second home or buy-to-let property

Cost Of Selling FAQ

Technically you don’t have to have one — but we’d definitely recommend it. The amount of legal jargon and paperwork to go through can be a lot to take in and, without a solicitor, you’re at risk of missing crucial checks and searches. Plus, a solicitor protects your interests throughout the sale and can help with any negotiations that come up. If you want to feel like you’re ticking all of the right boxes, you’ll want a solicitor on your side.