Lucas Estate Agents

22 High Street, Menai Bridge, Isle Of Anglesey, LL59 5EE
info@lucasestateagents.com
Tel: 01248 714567

Buying and selling property Guides

Selling Guide:

Preparation:

First impressions count when it comes to selling a property, so it’s vital your home looks its best for potential buyers. Maintaining this condition will give you the best chance of selling your home and of achieving the best possible price, whether you’re selling a terrace house or a country retreat.

Valuation:

We will visit your property to carry out a market appraisal and give you our opinion on price; this will be supported by a market comparable report and an explanation of how we arrived at the price.

Property Instruction:

When you are ready to put your property on the market, we will order the Energy Performance pack, which is a legal requirement to sell your property, and arrange an appointment to prepare sales particulars, create a 3d floor plan and take photographs of your property.

Marketing the property:

A draft set of sales particulars and our terms of business will be sent out to you, once you are happy with the content and the Energy Performance Pack is returned, we will then commence our marketing campaign of the property, which includes a for sale board, advertising within our office, local newspapers, mailing list, our own website and several other property website including www.rightmove.co.uk, Zoopla.co.uk, Primelocation.com, Findaproperty.com & globrix.com. We also by arrangement advertise your home in Cheshire Life.

Viewings:

Prospective buyers will contact us to arrange an appointment to view your property. Following the viewing, we will contact the viewer for feedback and report back to you, this provides an opportunity to carry out any adjustments needed to the property to enhance its saleability.

Receiving an offer:

When we receive an offer on your property, we will contact you verbally and in writing, and provide all the information you require to make a decision. All offers are subject to contract and is not legally binding on you or the buyer until exchange of contracts.

Acceptance of an Offer:

Once you have accepted an offer, you will need to appoint a solicitor to handle the legal paperwork involved as part of the sale process and subsequent transfer of ownership.

Survey:

If the buyer is raising a mortgage to purchase your property, a mortgage valuation will be required, this will be carried out by a surveyor on behalf of the mortgage lender to advise on the valuation and basic condition of the property.

Exchange of Contracts:

Exchange of contracts will take place once the contract has been signed by you and the buyer, a deposit, normally a percentage of the purchase price is paid. It is at this stage that the transaction becomes legally binding for both you and the buyer. On exchange of contracts the completion date is set.

Completion:

This is a date set a few days or weeks after exchange of contracts. The remainder of the money is now transferred from your buyer’s solicitor to your solicitor, at which point the buyer becomes the new legal owner of the property.

Buying Guide:

Viewing a Property:

To view a property that you are interested in simply contact us and we will arrange an appointment for you to view at a time that is most convenient for you.

Finance and Mortgage:

It is advisable to get a mortgage agreed in principle early on in you property search, as this could put you in a better position and could also save a considerable amount of time during your mortgage application.

Making an offer:

When you have found a suitable property and wish to make an offer, we will put your offer forward to the vendor both verbally and in writing. All offers are subject to contract and is not legally binding on you or the seller until exchange of contracts.

Acceptance of an Offer:

Once an offer has been accepted we will arrange for the agreed sale terms to be confirmed to all parties, it is at this stage that you will need to appoint a solicitor to handle the legal paperwork involved as part of the sale process and subsequent transfer of ownership.

Survey:

If you are arranging a mortgage you will need to proceed with the mortgage application and make arrangements for the survey to be carried out on the property. A Mortgage Valuation is carried out on the property by a surveyor on behalf of the mortgage lender to advise on the valuation of the property and basic condition.

Mortgage Offer:

Once your mortgage application has been approved, the lender will send a mortgage offer to you and your solicitor, this will confirm the terms of the mortgage and deposit amount that you will be required to pay.

Exchange of Contracts:

Exchange of contracts will take place once the contract has been signed by you and the seller, a deposit, normally a percentage of the purchase price is paid. It is at this stage that the transaction becomes legally binding for both you and the seller. On exchange of contracts the completion date is set.

Completion:

This is a date set a few days or weeks after exchange of contracts. The remainder of the money is now transferred from your solicitor to the seller’s solicitor, at which point you become the new legal owner of the property.

Lucas Estate Agents
primelocation, zoopla, rightmove, fsg, globrix, findaproperty
© 2017 Lucas Estate Agents | Terms of use | Privacy Policy and Notice | Site by the Property Jungle