Selling your home can feel exciting, but it can also come with hidden costs if you’re not prepared. From estate agent fees to legal costs, it’s important to know what to budget for so your sale doesn’t eat into your profits. Here’s a breakdown of the main costs landlords and homeowners should expect in 2025.
1. Estate Agent Fees
- Typically 1–2% of the sale price, plus VAT.
- Some agents may offer fixed fees – compare services carefully.
- Fees cover marketing, viewings, negotiations, and paperwork support.
2. Conveyancing / Solicitor Fees
- Usually £800–£1,500 depending on complexity.
- Includes legal work, contract preparation, and handling the transfer of funds.
3. Energy Performance Certificate (EPC)
- Needed for every property sale.
- Cost is typically £60–£120.
4. Mortgage Redemption Fees
- Check your lender for early repayment charges if you’re paying off a mortgage before the term ends.
- Include any exit fees to avoid unexpected deductions.
5. Capital Gains Tax (if applicable)
- Applies if selling a second property or investment property.
- Consult an accountant to understand your liability and exemptions.
6. Property Preparation Costs
- Minor repairs, cleaning, and staging can help your property sell faster and for a better price.
- Simple upgrades like fresh paint, decluttering, and garden tidying often provide the best return on investment.
7. Miscellaneous Costs
- Removal costs, storage fees, or rental of temporary accommodation.
- Any incentives offered to buyers, such as covering stamp duty or furnishing certain items.
Final Thoughts
Selling a property can be a smooth and profitable experience if you know the costs upfront. By budgeting carefully, choosing the right estate agent, and preparing your home for viewings, you can avoid surprises and maximise your sale price.
At Proceed Property, our sales team (Alex, Harry, and Sam) guide clients through every step – from accurate valuations to completion – making the process as stress-free as possible.
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