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Which? Mortgage Advisers are unfortunately unable to accept any new customers. We apologise for any inconvenience.
Existing customers can still contact us on 01174 566027

Read the Mortgage and Property advice from Which? to help you find the best solution for your needs or use Money Compare to find the best mortgage for you.

I’m looking to sell, how do house prices affect me?

When it comes to selling the focus is of course on getting the best possible price for your property at a point in time. In a relatively slow housing market it’s really important to be realistic about how much you’re going to get. Looking at local property listings should give you an idea of how much other houses in your area are selling for. A good estate agent, with experience of selling homes like yours in a slow market, will be able to offer advice about what a sensible selling price is. However, be aware that advertised property prices are not the same as sale prices. To find out what properties have actually sold for, you can look on websites such as the government’s land registry. The latest data may be a few months out of date. You may not be able to sell your house for as much as you would like – but, remember, you may also be able to buy your next property for a lower price than what the seller wants. If you’re really worried about the selling price then one option worth considering is let to buy. With a let to buy arrangement you let out your current property until you’re ready to sell – and take out a new mortgage to purchase another property. The let to buy process is considerably more complex than the process for a standard residential or buy to let mortgage; our advisers can talk you through the risks and potential benefits. Call 0800 316 4071 to speak to one of our independent mortgage advisers or find more general advice below in our let to buy step-by-step guide.

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