Moving house can be complicated - our guide explains the process. Preparation and organisation are key to a smooth sale process and we are here to help you, all along the way.
PREPARATION
Choose Baileys, we have 35 years experience on how best to prepare your home for marketing. Our advice may include suggestions about maintenance, decorating and de-cluttering; where you may need to focus attention, where you could add value, and what buyers do and don't consider important including staging and styling your home to create a welcoming impression.
GET ORGANISED
We use a professional photographer to take all the photographs and include a floor plan and an Energy Performance Certificate (EPC). Once you've approved the brochure and photographs, we can commence marketing your home. We have a particularly strong presence with market leading Rightmove, with 'feature agent' banners and Premium Property Listings. This provides us with powerful marketing linked to our own data base allowing us to reach the people who are looking to buy your property. We have a strong on-line presence and advertise on the main property portals sites including Rightmove, On The Market, Guildproperty and of course our own Baileys website.
It's also time to get paperwork in order for potential purchasers, this can include copies of guarantees and proofs of work etc. We can help you find the right solicitor to handle the legal work to transfer ownership of the property. It saves time to decide which solicitor you want to use before you agree the sale of your house. We recommend you use a solicitor who specialises in conveyancing and is familiar with our areas properties.
We are experts in closing a sale which often requires careful negotiations. Once a sale is agreed we will send a confirmation letter and Memorandum of Sale to you, your solicitor, your purchaser and their solicitors. Once the sale is agreed, we will keep an eye on the sale to ensure matters proceed as expected.
PRE-EXCHANGE
Your solicitor will send you documents including transaction forms, fixtures and fittings list, property information form and personal questionnaire. You will be requested to provide identification papers. The solicitor will obtain the deeds to your property and a contract pack will be prepared and sent to the purchaser's solicitor. Local authority searches will be raised and enquiries may be raised which will be dealt with by your solicitor.
You and the buyer will have to decide the length of time between exchange and completion (usually between seven days to four weeks after exchange of contracts), what fixtures and fittings will be included (any fixtures you plan to take, such as wall lights, need to be replaced with an equivalent), and any discounts due to problems flagged up by the survey. The final contract will be sent to you for signing.
EXCHANGE
When all parties in the chain are ready to exchange, an acceptable completion date is agreed. At this stage the signed contract is legally binding and at this point a deposit is paid. This deposit is usually held in your solicitor's account. Then it's time to confirm your provisional booking with your removal company, notify service providers and arrange for mail to be redirected.
COMPLETION
This is the day of the move: the property changes ownership, the deeds of the property are transferred, the money is transferred and once we receive confirmation from the solicitors we can hand keys over to your buyer.
On completion you are required to vacate your property having made previous arrangements to drop off keys to our office. Your solicitor will notify your agent once the monies are received from your purchaser will authorise us to release the keys. This transference of deeds and payment progresses along the chain if there is one and if you are buying another property, the vendor's solicitor will notify their agent when they have received the monies to release keys to you.
ANY QUESTIONS - ASK BAILEYS !
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