Residential Sales Frequently Asked Questions
Here are some quick answers to questions we often get asked, but feel free to call us with any others…..
How much will you charge to sell my house?
Every instruction is different and our fees are tailored accordingly. We do not boast to be the cheapest agent, but are mindful of the competitive market within which we operate.
Will you turn up at my house in a branded car?
No. Whilst we are keen to promote our business and gain new instructions, we consider it important to deal with all potential clients in confidence.
Do I have to have a For Sale Board outside my house?
No. However, from our experience a board can help generate local interest and aid potential purchasers in finding your property.
When is your fee due?
You only need to pay us once the property sale has legally completed. Our invoice will be settled by your solicitor from the sale proceeds.
When is the best time of year to sell and what do I need to do to my property in preparation?
There are advantages and disadvantages to selling within any season of the year. What is most important is that the time is right for you. We will advise you at the time of our visit of any work that we think you should consider completing before marketing commences.
Who does the viewings?
We will accompany all viewings and provide feedback as soon as practically possible. It is important that you are aware of people’s comments and thoughts. Keys will never be given to potential purchasers and where we hold keys for a property they are coded and securely stored within our offices.
Can you recommend a solicitor to me?
We have been working with local solicitors for many years and can seek estimates for you in advance of an offer being accepted. It is always a good idea to instruct a solicitor before a sale has been agreed to save time later.
When do I need to pay Stamp Duty?
You only need to pay Stamp Duty on the property you purchase.
How much is Stamp Duty?
Click here to be taken to an online calculator.
How long does it take to sell my property?
This depends on the complexity of the chain both above and below but generally it takes between 2 – 3 months.
Do I have to accept an offer on my property?
In most cases there is a period of negotiation between the seller and the purchaser facilitated by the a member of our experienced staff. A price that each party is willing to accept is agreed but you are under no obligation to accept an offer if you are unhappy to do so.
What does ‘Exchange of Contracts’ mean?
Once everybody in the chain has received their mortgage offers, satisfactory replies to enquiries and all other associated convenyancing paperwork an exchange of contracts is effected. This is the point that the sale is legally binding and deposits are paid between solicitors. A date is also set for Completion, which is when you receive the keys to your new home.
What happens on the day of completion?
This is the day that the solicitors transfer monies between buyers and sellers within the chain. You will have moved your belongings and any rubbish from the property in readiness of a phone call to say that the property has been sold – this usually happens sometime between late morning and the middle of the afternoon.