Here are a few steps to follow to put you in the strongest position:
1. Anything to Sell?
If you’re dependent on selling a property to purchase, it’s always best getting yours on the market. Sellers usually look to go with the most proceedable buyer and so if you are not on the market with an offer on the table, it could put you in a disadvantageous position.
2. Financial Position
Will you be buying cash or mortgage aided? If you’re looking to take out a mortgage, it’s always best to speak to your bank or mortgage broker and get an AIP (Agreement in Principle). An AIP will give you an idea on what your maximum borrowing will be or whether you are able to borrow the amount you’re looking for.
Our estate agents advertise all of our properties in real time on our website, Rightmove, Zoopla and other partnered property portals. You are able to make enquiries online or by calling us directly. One of our dedicated negotiators will register your details and arrange a viewing at the most convenient time.
Our estate agents will ask for your thoughts on the property you viewed within 24 hours. This is really important as our negotiators can then narrow down future properties that come onto the market based on your likes, dislikes and requirements.
When you have seen a property you like and would like to make an offer, we will require your broker’s details if you are getting a mortgage to financially qualify you. Once we are satisfied, we will put your offer forward to the sellers and the negotiation process will begin with the goal in getting the sale agreed.
Once the sale has been agreed, we will work with your bank or broker if you are using one and your solicitor to begin the transaction. Our estate agents will simultaneously be working with the sellers, solicitors and any other 3rd parties involved.
Any mortgage valuations or surveyors that get in touch, we will work with the sellers to book in the appointments and provide any supporting evidence that is required.
Once all legal enquiries are complete and your mortgage offer is in, you will send 10% deposit monies in to proceed to an exchange. At the time of exchange you will have agreed on a completion date for when the property becomes officially yours. In between exchange and completion you would have sent over the remainder of your deposit, stamp duty and legal fees.
The day you have been waiting for! Typically completion usually happens in the afternoon as transfer of monies between solicitors do take a few hours. Once the seller’s solicitors confirm receipt of funds, they will authorise us to release the keys!
If you have something to sell and would like an instant valuation click here