When you hire an estate agent to help sell your home, you will be looking for a quick sale. Chances are, you will be in a homebuying chain, and if your home doesn’t sell, you can’t move into your next property.
But things don’t always go to plan. There are many problems that can crop up that cause your property to sit on the market for a long period, unsold, or that cause potential sales to fall through.
Before you put your home on the market, make sure there are no issues that might cause problems selling your home.
However, when problems emerge, you need to know what to do to fix them.
Japanese Knotweed is a major problem for homeowners and interested buyers alike. This destructive and invasive plant can cause real problems for your home. It can literally grow through concrete.
Selling a home that has Japanese Knotweed could prove to be problematic. A buyer’s survey will spot the knotweed, and it is likely that it will result in the mortgage company putting a stop to the sale while the knotweed is present.
Pulling these plants up, using weed-killer, digging up the roots, and denying them sunlight are all techniques that many people will apply to try and rid themselves of this garden pest. However, these methods won’t work in the long term. You will see your Japanese Knotweed return.
And, in order to sell your home, you will need a completely clean bill of health. This means getting ahead of the curve by having your Japanese Knotweed removed by a professional.
Hiring qualified Tree surgeons will be an essential step in removing the offending Japanese Knotweed. Once they have carried out their work, they will be able to check to make sure the plant has definitely gone for good.
Issues With Land Rights
A major problem that many sellers face when selling their property is that the land that it is on might not legally be theirs.
It is entirely possible that you could be the homeowner, but not actually own the land that the home is on.
Leasehold properties can be problematic. There will be an agreement with the landowner that you can live on the land for a fixed period of time, but this still may cause alarm bells to ring for a potential lender.
If the buyer’s mortgage lender, surveyors, or lawyers see a problem with the lease, they might stop the sale going through.
If your property is on land that you do not own, get your solicitor to check the land registry before you put the house on the market. This will save you from a nasty surprise later on the sales process.
If your home is subject to any lease problems, then these can be addressed before you contact a vendor to put the house on the market. If a lease is due to expire in the future, ensuring there are no gaps before the lease gets renewed will help ease mortgage uncertainties.