| Auction | |
|---|---|
|
Average time of completion |
4 months |
|
Transaction fall through rate |
10% |
|
% of market value |
85% |
|
Decision time on guide price |
5-7 working days |
|
Mortgage required |
Yes |
|
Timescale to suit you |
No |
|
Agency commission to pay |
1-3% |
|
Solicitors costs to pay |
£500-£1,500 |
| Open Market | |
|---|---|
|
Average time of completion |
9 months |
|
Transaction fall through rate |
1/3 |
|
% of market value |
85% – 100% |
|
Decision time on guide price |
1 – 2 weeks |
|
Mortgage required |
Yes |
|
Timescale to suit you |
No |
|
Agency commission to pay |
1-3% |
|
Solicitors costs to pay |
£500-£1,500 |
| Cash Buy | |
|---|---|
|
Average time of completion |
2 weeks |
|
Transaction fall through rate |
0% (100% success rate and guarantee) |
|
% of market value |
75% – 90% |
|
Decision time on guide price |
Quick – within 2 hours |
|
Mortgage required |
No |
|
Timescale to suit you |
Yes |
|
Agency commission to pay |
None |
|
Solicitors costs to pay |
None |
