HS2 & Selling
In a world where there’s plenty more to think about at the moment, you could be forgiven for forgetting about HS2, but if you’re looking to sell or buy a home in an area it will run through, then it’s never far from the mind.
If you’re a seller then you could well be finding it difficult, but don’t worry, there are options.
Below you’ll find the varying number of options for selling, and all the advice you need to make it happen…
Of course, selling privately is one of the most common ways to sell and if you’re looking to do so due to preference rather than necessity because of HS2, then it’s an option many take.
However, it should be noted that due to proximity the likelihood is the value of your home will rise or fall dependent on the impact it has.
For example, being far enough away for it not to cause noise pollution but being close to a station will increase the value in the long term, but if you’re seeing many delays and are experiencing dozens of lorries and building work nearby that hampers commutes and the general area in the short term it could decrease the value of your home for a period.
That means selling at the right time can be essential. Consider this and how important it is to sell your home at this time to make the best decision for you.
Use the HS2 Need to Sell Government Scheme
If HS2 and its development is having a large impact on your home and you feel you have no other choice but to sell, then there is a scheme in place from the government which allows you to sell to them.
The Need to Sell scheme is a scheme in which you can sell to the government but need a ‘compelling reason’ in which to do so. Among the reasons include relocation for a new job, ill health or unemployment. In order to ensure you’re qualified for the Need to Sell scheme, you must meet a series of qualifications. These include:
- Property Type: You must be an owner and meet certain requirements as owner.
- Effort to Sell: You must have already tried to sell your home on the market for at least three months prior to application.
- Knowledge of HS2: You must have purchased the home prior to HS2 plans being revealed.
- Reason to Sell: You must have a compelling reason to sell.
If you are looking to sell via this method, then visit the government’s Need to Sell scheme website for more information.
Sell to Fast Cash Property
If you are struggling to sell your property due to HS2, then we could be able to help here at Fast Cash Property.
We’ll buy any home no matter what it’s condition, where it’s located and the circumstances behind the sale. We can deliver a cash offer for your home in as little as 24 hours and we pride ourselves on delivering a sale in a time scale to suit your needs.
We’ll guide you through every step of the way, and if you’re looking to sell your home because of HS2, get in touch with us today and we can answer any questions you may have, and guidance on the next steps.
Click here to visit our contact page and sell your home due to HS2 today.