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Value My Home

Selling

Before offering your house For Sale

 

Before offering a house for sale you will need to choose an estate agent operating in the right market sector for your property. Consider their costs, experience, the internet property portals they will use and where they will advertise your property.

 

You will, under current legislation, need to organise an Energy Performance Certificate (EPC) for your property. EPCs are required whenever a building is built, sold or rented out. The certificate provides 'A' to 'G' ratings for the building, with 'A' being the most energy efficient and 'G' being the least, with the average up to now being 'D'.

 

Wilkie May & Tuckwood will be able to help you arrange an EPC with an accredited energy assessor, just call any of our offices for more information.

 

Wilkie May & Tuckwood Mortgage Services Ltd would be happy to assist in providing expert, independent advice on the cost of moving such as stamp duty, conveyancing, surveys, mortgage costs etc.

 

Marketing your house

 

Before offering a house for sale you will need to choose an estate agent operating in the right market sector for your property. Consider their costs, experience, the internet property portals they will use and where they will advertise your property. You will, under current legislation, need to organise an Energy Performance Certificate (EPC) for your property. EPCs are required whenever a building is built, sold or rented out. The certificate provides 'A' to 'G' ratings for the building, with 'A' being the most energy efficient and 'G' being the least, with the average up to now being 'D'. Wilkie May & Tuckwood will be able to help you arrange an EPC with an accredited energy assessor, just call any of our offices for more information.

 

The best chance of getting the price you want and selling quickly is by using a local independent estate agent. They will market your home for you but it is worth you keeping track with what is being done.

 

Marketing will often include internet property portals, the estate agents’ own website, newspaper advertising, the use of For Sale boards and the estate agent contacting registered applicants and clients who are actively looking for such property

  

 

Dealing with a viewing

 

First impressions are crucial. Ensure your property looks its best both inside and outside by finishing off DIY jobs, paint walls where necessary and remove clutter.

 

On the day of the viewing, let in fresh air but don’t let it get cold. If it is an evening viewing, avoid cooking beforehand and get the lighting right.

 

Wilkie May & Tuckwood pride themselves in being able to offer accompanied viewings and our experienced and professional staff are trained in conducting a successful viewing.

Dealing with an offer

 

Once an offer is received on the property, you will need to consider the strength of the offer, Wilkie May & Tuckwood Mortgage Services Ltd are able to qualify any offers, confirm the positions of buyers, and provide expert feedback to vendors of Wilkie May & Tuckwood.

 

When you have negotiated an agreeable offer, you must then instruct a solicitor to act for you in the sale.

 

Conveyancing process

 

The solicitors of the sellers and buyers now perform a set of legal tasks, known as conveyancing, to transfer ownership of land and property from seller to buyer. During this process it is the responsibility of the buyer’s solicitor to investigate and inform the buyer and buyer’s mortgage company of the legal aspects of the property.

 

The seller’s solicitor will prepare a draft contract of sale and send this to the buyer’s solicitor. The seller will be asked to complete a Property Information Form (which gives important information about the property) and a Fixtures and Fittings Form (outlining what is included in the sale) which is forwarded to the buyer’s solicitor. The buyer’s solicitor may amend the contract or raise additional enquiries of the seller’s solicitor based on the information in the contract or the Title information. The buyer’s solicitor may also request any warranties for work undertaken (such as new windows) or evidence of planning consents. The buyer’s solicitor will also order from a search provider a range of appropriate searches for things such as planning issues, environmental concerns or flooding.

 

The buyer’s solicitor will draw up a Transfer document to transfer ownership from seller to buyer.

 

Once the final mortgage offer has been received by the buyer’s solicitor, searches have been analysed and any additional queries are resolved, the buyer’s solicitor will report to the buyer on any issues.

 

Once the situation is accepted by the buyer and seller and any required insurances have been purchased, their respective solicitors will fix a completion date and exchange contracts. At this point a non-refundable deposit is paid and the parties have entered a legal contract.

 

Completion occurs when the buyer has paid land registry fees and stamp duty, arranged insurance and the outstanding balance on the property is paid. The estate agent is informed when this has happened and they are at that stage able to release the keys for collection by the buyer. The estate agent is paid by the seller’s solicitor from the proceeds of the sale.

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