Selling your property

Are you thinking of selling your property? Unsure about how to do it properly? Here is our quick guide.

Request a free property valuation from Properly, and let us help you through the selling process. Alternatively if it is too soon to get a full valuation, try an instant valuation through the online tool on our site to get a sense of how much your home is worth.

 

  1. Step 1Get your paperwork in order

    Getting your paperwork sorted out early will help things move along more quickly. Whether you’ve arranged a remortgage to buy your new home or are porting your existing loan with you, you’ll need details of your current mortgage and will want to know where your title deeds are. Ensure you pull together any guarantee certificates for work you had done at your property.

     

  2. Step 2Property presentation

    First impressions count. Make sure that your property is presented in the best way possible. You want someone to imagine themselves living there. Kitchens and bathrooms must gleam for every single viewing. Most people move because they have run out of space, so you need prospective buyers to look at your property, feel it is spacious and that there is plenty of room.

     

  3. Step 3Appoint a solicitor

    Buying and selling property requires legal oversight and legally binding agreements. It is best to have one in place before you accept an offer. This will ensure that there are no delays – and it will show prospective buyers that you are organised and serious about selling.

    One of the most common causes of delays is local authority searches, which in some areas can take weeks.When choosing a solicitor be very clear that this is what you need, and put everything in writing so there can be no room for misunderstanding or slippage later.

     

     

  4. Step 4Find a buyer

    To find a suitable buyer, your property requires maximum exposure across a wide range of media. This will be either on your agent’s website, emails or SMS alerts, or on property websites such as Rightmove or Zoopla. Not all buyers are created equal. Someone who is not in a chain — such as a first-time buyer — will be more appealing than someone whose ability to buy your home is tied to their own sale

     

  5. Step 5Accompanied viewings

    Conducting viewings yourself can be challenging – especially when you face criticisms, technical questions or pressure over something as personal as your home. As estate agent will guide and encourage prospective buyers, as well as know how to handle these challenges.

  6. Step 6Receive offers

    As soon as a buyer makes an offer we will contact you to communicate full details, plus any special conditions, to help you decide whether or not to accept. You can also view and track all offers within Properly’s (CRM) system, at any time.

  7. Step 7Accept an offer

    Once you accept the best offer for you, your estate agent will prepare a memorandum of sale, confirm the agreed price with all parties and 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, the exchange of contracts and proposed date for completion. There are no legal obligations until contracts are signed.

  8. Step 8Exchanging contracts and completion

    Both solicitors will be drafting contracts at this time. Once both parties sign the contracts (exchange contracts), the sale is legally binding. The buyer’s solicitor will organise transferring the buyer’s name to the deeds via the Land Registry Office, and the deposit will be transferred to your solicitor.

    Your solicitor will call you when the money has cleared in your account. They will then contact your agent and ask to release the keys.

    Congratulations, you have just sold your property.

How much is your property worth?

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