What are some common myths about buying a house?

Posted on Wednesday, February 13, 2019

If you’re thinking about buying a house soon, you may have heard some of the myths around buying and selling your home. From the length it takes to sell, to how to make your house attractive to viewers, to the process itself, our latest blog busts some of the common misconceptions of buying a home. 

Myth #1

The house will take forever to sell/ The house will sell in a number of days

Everyone has heard gossip about the family with a home that has been on the market for months, or those that were snapped up in a matter of days. The reality is a bit more regular. Zoopla’s latest data shows that it takes an average of just 50 days to sell your house with over half of Brits overestimating the time it takes.

Of course, it also takes time to go through the administration and process of buying and selling. Solicitors, chains, finance, and more can have an affect on how it long it takes from first putting your house up for sale to when you move into a new property.

Myth #2

The best time to sell is the spring/the autumn/summer

The truth is that you can sell your home any time of year. Every month has advantages and disadvantages, whether it’s long summer evenings and lots of light, or cosy winter Hygge showing your home at its best. We have lots of blogs that explore the benefits of selling your home at various times of year, whether that’s Christmas, autumnspring or summer.

People have different reasons for buying and selling property that have nothing to do with the weather. Whether it’s a change in job, lifestyle, downsizing, a growing family… these things are not dictated to by the time of year so don’t worry about waiting for the right time if you’re ready to move now.

Myth #3

You need to spend money on your home to sell it

You don’t need to spend thousands on your house before it goes on the market. It’s important to finish any projects or fix problems, but investing in a new kitchen and bathroom means spending a lot of money that you might not get back on the value of your home. There’s also a good chance that whatever you choose won’t be to the taste of your potential buyers. 

It’s always a good idea to tidy up and declutter for viewings. We have lots of blogs that look at small things that you can do to spruce up your home

Myth #4

Don’t accept the first offer

This has come up several times of ‘myth busting’ sites. If the offer is one you are happy with, whether that’s price, chain, timings… you should accept that offer. Holding off might not improve the situation and time spent carrying on with viewings might risk alienating your fist, keen bidder. Think about what is right for you and your family, and talk it through with your estate agent if you need to. We’ll have a good grasp of what’s going on in the market in your area and will be happy to help in any way we can.

If you are thinking about moving house, contact our Reading office on 0118 966 0055, the Langley office on 01753 593888 or use our online valuation form to find out more.