Top tips to sell your house

Experts are predicting a bumper homebuying season this autumn as owners decide to take advantage of buoyant demand and plot their next move. And for those looking to steal a march on their home-selling rivals there are a handful of steps that will help woo potential buyers.


Go for a quick fix

Before you put your home on the market have a good look around. What are all the things that you've been meaning to do, but have not got round to? If the bathroom needs painting, the wardrobe door is broken, or the curtains need cleaning then do it now.

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House prices up £20,000 on year

The cost of the average home in Britain has risen by nearly £20,000 in a year. Prices have shot up by 10% over the last 12 months.

Average asking prices are now £215,000, compared with £195,500 in September last year, according to property website Rightmove.

In London, the price rise has been even more dramatic, going up more than £9,000 in just one month, equal to more than £2,200 per week.

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Property rises at two-year high

The traditional August lull failed to deter homebuyers who sent prices rising at the swiftest rate since May 2004.

The latest report from the Royal Institution of Chartered Surveyors (Rics), released today, shows buyers ignored last month's interest rate rise and the summer holiday period in their quest to find a new home.

Rics' report is keenly watched by the property industry and economists as it is judged to be one of the most accurate house price studies.

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House prices continue to climb

A HIKE in the cost of borrowing in August failed to dent demand for homes, according to the latest survey from Halifax.

The mortgage lender said average prices rose 1% in August. The Bank of England put up the base rate from 4.5% to 4.75% at the beginning of August.

The increase left the annual rate of inflation at 8.2%, but the lender said the underlying picture suggested price growth was more moderate.

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First-time buyers face impossible task

Young people trying to buy their first home face the worst crisis for more than two decades, experts warned today. The news comes as property prices rise faster than anybody expected, with the average asking price for a home now £215,000.

In a further blow, the Royal Institution of Chartered Surveyors said the situation will get worse. First-time buyers who do manage to buy their own home must be richer and older than in the past, according to the RICS.


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