Friday, July 25, 2008

First house valuation

Today I had a visit from a man from Rook Matthew Sayer in Gosforth in order to give us an idea of for how much the house could be sold. His estimate in the current climate was between £250K and £275K though the upper part of that band would take it above a stamp duty threshold.

He didn't think£300K was feasible at the moment. Houses are still being sold even in the current market but it can be a slow business.

He said that even after a buyer had been found it can still take up to eight weeks to get everything sorted (HIPS, survey etc).

I think this was useful to know anyway.

I'll leave the rest in your hands.

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