If you’re selling from abroad, it can be problematic, you’ve got to try and organise everything over the phone, pick the right solicitors and get a trustworthy estate agent.
We present an option that is much easier than the traditional route, here’s some of the reasons why:
Another thing to be aware of when you sell your UK property whilst living abroad, is that you might have to pay Capital Gains Tax. Capital Gains Tax is essentially a tax on any profit you have made on the property, which might apply if you were previously renting out the property. The Gov website states that you may be subject to CGT if:
You won’t generally pay tax for any tax years in which you, your spouse or civil partner spent at least 90 days in that property. To qualify for this, you must state that the home is your only or main home when you inform HM Revenue and Customs that you’ve sold it.
Before committing to a solicitor, you should ensure that they can correspond through email or online to make the whole process as smooth and easy as possible.
You might be surprised but a lot of solicitors are still in the pen & papers era. Some solicitors will only accept handwritten or signed documents which could mean the whole process is stretched out in comparison to choosing a solicitor that is based purely online, which means you don’t have to rely on sending post back and forth which from abroad can cause significant delays and even cause a sale to fall through if the buyer becomes frustrated.