One of our sales team will visit your property to determine its market value, discuss a marketing strategy, and explain our fees and terms of business.
Once we have obtained relevant details and taken pictures of your property, we will prepare marketing material and request your approval. We would usually then market your property on our website, on property portal sites, in the local press, and by telephone and mail to suitable waiting purchasers on our books.
Before marketing a property for sale, you must commission an Energy Performance Certificate (EPC). An EPC tells you and the prospective buyer how energy efficient your property is, the impact the property has on the environment, and includes recommendations on ways to improve the property's energy efficiency. You can start marketing your property before the EPC is ready, but it must be made available and added to all marketing material within 28 days. It normally takes two to three days for an EPC to be delivered once you've placed the order. EPCs can only be produced by accredited Domestic Energy Assessors.
Ordinarily a member of our sales team would meet prospective purchasers at your property and show them around. However, where the owner prefers to carry out the viewing, this would be fine by us.
All offers received will be notified to you both by telephone and in writing. As part of our service we will, if necessary, negotiate between yourself and the purchaser to arrive at a mutually agreed sale price.
It is at this point that you should instruct your solicitor or conveyancer to act for you and liaise with the purchaser's solicitor.
We will prepare a memorandum of sale and send it to all parties concerned. Upon receipt your solicitor will prepare a draft contract and send it to the purchaser's solicitor, who will then make preliminary enquiries, conduct local and land registry searches, and once enquiries are complete, approve the draft contract.
As part of our service, during these processes we will keep in regular contact with all parties, ensure that any queries are ironed out, and generally work towards keeping the wheels turning towards a smooth completion.
Once the legal preliminaries are completed and paperwork prepared, and the purchaser has the necessary finance offer in place, contracts of sale are signed and exchanged, and a deposit usually 10% of the sale price is paid by the purchaser. At this point a date for completion will be agreed.
Completion takes place when the balance of the purchase price is received, and ownership of the property is transferred. Keys will be handed in to our office and passed on to the happy buyer.