Selling a Property
To sell your property you will need to obtain an energy performance certificate (EPC) within 28 days of putting your house on the market. If you use an Estate Agent they may be able to arrange this on your behalf or recommend an assessor.
Once you have instructed us we will need to prepare a contract. To enable us to do this we will require certain information from you and will forward some standard forms for you to fill in which relate to the property. If you have your title deeds we will need these too, together with any guarantees and planning documents for any work carried out. If the property you are selling is leasehold you will also need to complete a leasehold information form. We will also usually need to contact your landlord to obtain additional information which will be needed by the buyer’s conveyancer.
When the contract papers have been sent to the buyer's conveyancer they will need to carry out searches on the property which depending on the search involved may take approximately 1-2 weeks to obtain.
The buyer's conveyancer will usually ask us to answer various questions raised by them relating to the property. We will speak with you about any replies given. The buyer will also at this time be ensuring that the finance is available to buy the property and may also instruct a surveyor to carry out an inspection of your property on their behalf.
Subject to everything being in order we will ask you to sign a contract and when the buyer has signed an identical contract these will be exchanged which is when a legally binding contract for you to sell and the Buyer to buy the property is made on the terms agreed. At this stage a completion date will be agreed which is the date that you will have to leave the property.
Completion will only formally take place when the sale proceeds have been received by the us on the completion day. At this point the property belongs to the buyer and the title deeds to the property will be passed over and any mortgage repaid out of the monies received, along with the estate agent's fees and our charges. The balance of the money will be sent to you unless this is being used to purchase another property.