Step 6 Accompanied viewings
Our longer opening hours are essential to maximise viewing opportunities for your property - in fact over 40% of our viewings are carried out after work and at weekends. Accompanied viewings also mean we can use our expertise to help sell your property.
Our offices are open 9am-7pm Monday to Thursday and 9am-5:30pm Friday, 9:30am-4:30pm Saturdays, 12pm-4:30pm Sundays and Bank Holidays are normal working hours. In addition, our phone lines are open 9am-7pm, 7 days a week.
Step 7 Receiving an offer
As soon as an offer is received we will notify you both verbally and in writing. Any special conditions of the offer will also be stated in writing and we will check the buyer's ability to proceed before you decide whether to accept the offer.
Step 8 Offer agreed
Once you accept an offer we will do the following:
•Prepare a memorandum of sale
•Write to all parties to confirm the agreed price
•Ask you to confirm your solicitor's details
Your solicitor will send out a draft contract to the buyer's solicitor who will then carry out preliminary enquiries. At this stage you will also be able to agree on dates for the survey on your property, exchange of contracts and proposed date for completion.
We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.
There are no legal obligations until contracts are signed.
Step 9 Exchange of contracts
Exchange of contracts occurs when the following have been confirmed and agreed:
•Preliminary enquiries following receipt of draft contract
•Evidence of a good title
•Specific issues highlighted in the Lease, if applicable
•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 (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 mutual agreement.
Step 10 Completion
Completion is when the residual monies (usually 90%) are transferred from the buyer's solicitor to 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.
Congratulations, your property is now sold!