Vendors
We know what vendors want?
Prime Property thrives on getting you the highest price for your property in the shortest possible time.
Call 0207 352 5833 or Arrange a valuation
The selling process
Selling your property is not complicated; let us simplify the process for you. Please follow the step by step guide below:
Step 1 Precise valuation
We carry out hundreds of professional valuations every month; this gives us wide knowledge of property values in your area. This is why we regularly achieve the asking price on all our client’s properties.
Call us on 0207 352 5833 or complete the property valuation request form.
Step 2 Selecting an agent
Before choosing an agent consider their availability to conduct viewings and what kind of marketing your property will receive. These are major facts to achieving the maximum price for your property.
You will also need to decide on who will be responsible for organising the government-required www.homeinformationpacks.gov.uk on your behalf; you must have a HIP before your property is placed on the market.
Step 3 Instruct a solicitor
It is always better to instruct your solicitor while choosing your agent.
This will help to avoid delays and allow time for obtaining all necessary documentation involved in transferring ownership of your property to the new buyer. Usually many of these documents should already be included in the HIP.
Step 4 Marketing exposure
Instruct Prime Property to sell your property and benefit from our unrivalled, comprehensive marketing package.
Our team of marketing specialists will arrange to visit you and collect all marketing elements for your property including: interactive floorplans, colour photographs and have them live on our website and the rest of the web portals within days.
Step 5 Viewings
We are open 9am-7pm Monday to Friday and 9am-3pm Saturdays and Sundays, Bank Holidays. Longer opening hours is what makes us different - over 60% of viewings are carried out after work and at weekends.
Step 6 We have an offer for you
As soon as an offer is received we will notify you both verbally and in writing.
Step 7 Agreeing to sell
Once you have accepted an offer it is important that the following details are agreed:
- Details of any extras included or excluded from the purchase
- Date for buyer's/lender's survey on your property
- Date for exchange of contracts
- Date for completion
We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.
Step 8 Paperwork
Once an offer has been agreed, your solicitor will send out a draft contract and the HIP for your property to the purchaser's solicitor who in turn carries out preliminary enquiries.
Your solicitor should collate all the supporting paperwork (where applicable) ie: title deeds, copy of lease, fixtures and fittings list, seller's questionnaire, planning consent, guarantees, copy of building regulations and share of freehold certificate (most of this information should already be contained in the HIP).
Step 9 Service charge accounts & building insurance
In general this is not applicable to freehold properties.
We recommend that you forward copies of your service charge accounts over the last three years, estimates for the forthcoming year and building insurance certificates to your solicitor the moment you instruct us to market your property. These also need to be added to your HIP.
Alternatively, in the case of apartment blocks, you can ask your solicitor to collect these documents from the Managing Agent.
Step 10 Exchange of contracts
Exchange of contracts occurs when all preliminary enquiries from the draft contract and local search queries have been agreed.
Most buyers require mortgages. Once the mortgage offer has been confirmed, the purchaser is ready to exchange contracts with the seller. The contract is signed by buyer and seller and the deposit (usually 10% of the purchase price) is either telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor. The completion date is set at this stage.
Step 11 Completion
This is generally set a few days to a few weeks after exchange of contracts, depending on the personal requirements of the buyer and seller. The residual monies (usually 90%) are transferred from the buyer's solicitor to your solicitor's account.
Congratulations, your property is now sold!
