Thanks for the update. It's really disappointing to hear your experience of a quick sale. This clearly means that people should stay away at least from the company which you used for this purpose.

One important thing to bear in mind is that the true market value of any property is the price which a buyer is willing to pay in the competitive open market. It is certainly not the asking price set by an estate agent. Asking price set by the estate agents ensures that there is price reduction possible during negotiations with the potential buyers. Unfortunately most people dealing with estate agents think that the value of the property is the asking price set by the estate agent and hence get upset when their house is valued at much lower levels by an independent survey, desktop valuation etc. I hope this makes sense. We have a strong need in the society to educate people about this basic concept.

Unfortunately redundancy payouts are not great at all. However companies have discretion to offer more than the statutory limits if they want to.

Hello

Unfortunately sometimes it is not accurate and you may end up paying more. This happened once to me.

Thanks, this is great.

It was really an heart breaking situation. Well done, you managed it very well. Your mother was quite close so that helped the situation.

I think it's quite easy to say to sell through an estate agent, go to auction, reduce price etc etc but the situation on the ground is quite different. Houses on the market are not selling. There is lot of inventory building up especially in areas which are not prosperous. I have seen several houses on the market which even after substantial reduction in prices, are not generating any interest. Buyers have a hell lot of choices available. Also we need to be realistic about the time it takes to get the money after the house sale completion, not all people can wait that long.