you’ve been given an estimate of market value by your agent, you can get a
rough idea of how much cash you might walk away with when the sale is
completed. This can be particularly useful when you start looking for another home
to buy as well as in determining your required selling price or the minimum you
are prepare to negotiate to.
estimate your net proceeds, from the estimated sales amount, subtract the
applicable costs in the two sections outlined below: Normal
seller’s costs and Negotiated Seller’s costs.
costs are almost always for the sellers account but please bear in mind that
negotiation can take place as part of the purchase process.
commission - between 5 and 7.5% plus VAT
penalty on your mortgage – See here for details
property Rates & Taxes – balance due for year until end June