DH and I bought our first home a couple of years ago (2 bed flat) and we are looking at moving and buying a 3 bed house.
Am I forgetting anything with the buying/selling costs?
Estate agents fees for selling our flat Paying for a survey on the house Paying for solicitors fees on selling our flat and buying the house Paying stamp duty on the house Possible mortgage fee Moving costs e.g. Hiring a van Decorating costs for the house
Hehe! I struggle with making up names so went for a food based one! I love dim sum!
The house we are looking at was last sold in 2008 for 265k and is currently being marketed at 260k. We are hoping to get it for less than £250k to save some money on the stamp duty, but I'm not sure why the owners are selling yet as it's been marketed a few times since 2010 but not sold, so I'm wondering if the current owners aren't budging on the price? Usually in our area the properties sell very very quickly.
We are going to view the house tomorrow so I will ask the estate agent some blunt questions and see why it hasn't sold yet. On paper there's no reason as DH actually grew up in the same road and we know the area very well. The house seems to be in good decorative order and I can't imagine that there would be any major issues on a survey.
The only downsides are that the garden is small and there isn't space for a dining table in the kitchen, so the dining table would have to be in the lounge. Maybe for a 3 bed house this puts off some potential buyers as they would rather have it in the kitchen or have a separate dining room?