Field and Sons

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Selling Information

Here is a straight forward break down of the selling process

 

Step 1  The valuation

The main aim is to sell your property at the best possible price in the shortest possible time. Our experienced valuers have extensive knowledge of property values in our area and we are able to achieve asking prices time and time again.

Call your nearest Field & Sons office or click here and complete the Arrange a Valuation request form.

 

 

Step 2  Select an estate agent

When choosing an estate agent, consider the following:-

Office opening hours and do they do evening viewings.

Office location

What marketing will be carried out?

Will your agent organise your legally required Home Information Pack (HIP) or will you have to arrange this yourself? Field & Sons will arrange this for you. Please remember that you must have a HIP before your property can be marketed by anyone.

 

Step 3  Instructing a solicitor

An experienced and efficient solicitor is vital and it is a good idea to do some research and make a decision before you put your property on the market. This will reduce delays.

We will provide you with local solicitors with whom we have worked and are happy to recommend, if you wish.

Step 4   Presentation

First impressions are important and the presentation of your property is a key factor for a successful sale.

At the very least, add a fresh coat of paint where it’s needed; de-clutter and keep the house tidy for viewings.

We almost always use a professional to take photographs of  your property and to create the floor plans at the same time.

Step 5  Marketing

Within a matter of hours of assembling sales particulars, photos and floor plans, we will have your property published on our website www.fieldandsons.co.uk  and all the major property portals such as Rightmove, Primelocation and Findaproperty.  By this time, our experienced negotiators will have notified all potential applicants on their databases, either by phone or by e mail to encourage them to view your property. We will also erect a For Sale board at your property, unless this breaches any rules or you prefer not to have one.

 

Step 6  Viewings

Our offices are open 9am-6.30pm Monday to Friday and 10am-3.30pm on Saturdays. After normal hours viewings are easily arranged.

We accompany 99% of applicants on viewings and a great many of these are carried out after 5pm.

 

Step 7  Offers

All offers we receive will be notified to you verbally and in writing and we will veriphy the buyer's ability to proceed before you make the decision to accept or reject.

 

Step 8  Offer Accepted

Once you accept an offer we will do the following:

a.       Prepare the memorandum of sale

b.       Write to all parties to confirm the agreed price

c.        Ask you to confirm your solicitor's details

 

Once instructed, your solicitor will send out a draft contract and your property's HIP to the buyer's solicitor who will then carry out preliminary enquiries. At this stage you will be able to organise a tentative date for the survey on your property, the exchange of contracts and the preferred date for completion.

We will advise you and negotiate on your behalf throughout this process, keeping you informed of activity.

Remember - you are NOT legally bound until contracts are exchanged.

 

 

 

 

 

 

 

Step 9  Exchange of contracts

Exchange of contracts occurs when the following have been agreed:

·                              Preliminary enquiries following receipt of  the draft contract

·                              Evidence of a good title

·                              Specific issues highlighted in the lease, if this is relevant.

·                              Local search queries

·                              Fixtures and fittings to be included in the sale

·                              The buyer's mortgage offer

Once the contract has been signed by both parties, the deposit (this is usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor, to your solicitor. The completion date is then set by agreement.

At this stage, you need to consider booking a removal firm or storage facilities and the termination of services such as water, gas, electricity, telephones etc.

 

Step 10  Completion

This is when the balance of the purchase price (usually 90%) is transferred from the buyer's solicitor into your solicitor's account.

Your solicitor will call you when the money has cleared in your account and will inform us to release the keys.

 

Call any of our offices and speak to a sales manager to arrange a valuation

 

 

Speak to Mell Hewitt about all you need to know about selling your property in London, on 02078400666 or mell@fieldandsons.co.uk