Five cheap ways to make your property sell

We’ve all heard that strategically placed vases of flowers and the smell of freshly baked bread can make a property seem more welcoming, but do these really help a property to sell?

The 2012 HSBC Home Improvement Survey has revealed that there are many misconceptions regarding what can help a homeowner to sell their property.

More than 100 property valuation experts were asked to give their views and here’s what they recommended:

1. De-clutter – Some 93% of experts quizzed by HSBC revealed that cleaning and tidying a property can make it seem more appealing to prospective buyers. Six out of 10 said this was the most important thing for a seller to do before showing people around.

2. Re-do paint or wallpaper – 75% of the experts said that repairing chips in paintwork or replacing damaged wallpaper would make buyers more inclined to put in an offer.

3. Garden – Only slightly fewer of the property gurus (71%) said that keeping a tidy garden, with neat lawns and flowerbeds, would make a difference to a home’s appeal.

4. Repair fences and gates – Some 64% of the experts thought that tatty fences and gates could potentially put buyers off. Sprucing up these exterior features may make a property more likely to sell.

5. Repaint front door – Of those questioned by HSBC, 63% said that giving a property’s front door a fresh lick of paint or varnish would increase the likelihood of buyers being interested.

Moving on

If you’re trying to make your property more attractive to buyers then chances are you’re moving on somewhere new yourself.

If this is the case, you may be wondering what’s out there in terms of mortgage deals.

Chelsea Building Society offers a tracker mortgage, which comes with an initial rate of 3.34% until 31 August 2014. From September 2014, the rate increases to 5.79%.

It’s also worth bearing in mind this mortgage comes with a product fee of £395 and it’s only for those borrowing up to 70% of the value of their property.

If you’d prefer a fixed rate deal, HSBC offers a rate of 2.64% with its 2 Year Fixed Special mortgage.

This rate increases to 3.94% after 30 September 2014 and the product fee is £1,999.

Borrowers should also note that a 40% deposit is needed to take out this mortgage.

**This material is for information purposes only and should not be considered financial advice. We strongly encourage our readers not to rely solely on this content, but to seek independent advice when making financial decisions.**

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