Selling Property With Artex
Artex was a once-popular textured plaster used to make creative designs to finish ceilings, but the presence of this material at your home could complicate efforts to sell it speedily.
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Your top questions when selling a property with Artex
✅ How do I know whether there is Artex at my house or flat?
You can check your ceilings, and very occasionally your walls, to see if they are finished with a textured white plaster – this is Artex, a product that was popular several decades ago. It allowed builders to finish plastering ceilings by adding creative flourishes like swirls, wavy lines and more, although use of Artex has plummeted since then throughout the UK.
✅ What are the health risks that are linked to having Artex in a property?
Artex was produced using chrysotile, also referred to as white asbestos, as a component. If the Artex is disturbed or damaged, for example by drilling into it, tiny fibres of this substance can be released and inhaled by people living in the home. This in turn can significantly increase the risk of developing serious illnesses including respiratory diseases and lung cancer.
✅ Will having Artex in my home cause potential buyers to view it less favourably?
Possibly and that’s because people may have one or more concerns about making an offer to purchase a flat or house with Artex. Some prospective buyers could see the Artex as being very outdated and worry that it will cost too much to remove and replace it. Others may be mostly fearful about the possible health harms from exposure to Artex containing asbestos.
✅ Am I required to tell anyone interested in my property that it includes Artex?
Yes, if you know that there is Artex on your ceilings and that it might contain asbestos, you must disclose this on your Property Information Form that is part of the home selling process. Failure to tell a buyer about the presence of asbestos-containing Artex at your property could lead to them suing you for penalties once they own the flat or house and discover the material.
✅ Should I remove Artex from my home before attempting to sell it?
You’ll have to make this decision based on whether you are willing to invest the effort, money and time necessary to remove and replace the Artex from your ceilings, and depending on the scope of the work it could quickly become very expensive. If you do not want to remove the Artex before selling then you still have options available, like selling to a quick buyer.
✅ How much commission will it cost me to sell a property with Artex?
Should you decide to sell your home using the services of either an auctioneer or an estate agent then you will have to pay them fees, which will be charged as a percentage of the property’s final sale price and deducted right away from the sale proceeds. But if you sell without any help or sell to a no-fee quick buyer then you won’t have to pay any commission.
✅ What is the average timeline for selling a home that has Artex?
If you opt for selling your property on your own, with an estate agent or through an auction then you should be prepared to wait at least several months to find a buyer. But if you choose to sell to a quick home buyer such as LDN Properties then it should only take a few short weeks to complete, and this includes the final steps of exchanging contracts and receiving the proceeds.
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