Selling Process


1Your aim

Your aim should be to sell your property at the best possible price in the shortest possible time. Out true and accurate valuation should help you achieve this. Call us at London Estates on 020 8741 8485 or complete our online valuation request form

2Selecting an estate agent

When choosing an Estate Agent, there are many things to consider, their opening hours, how they market the property, do they use a professional photographer and videographer. But most importantly, will you be able to get on with them, will they be available to you, and communicate with you. You should also check if your agent will organise your government-required Energy Performance Certificate on your behalf or if you need to arrange this yourself? London Estates can arrange this for you. You must have a valid EPC before your property can be marketed.

3Instructing a solicitor

The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to do some research and make a decision before you put your property on the market as this will help to avoid delays. We can offer recommendations if required

4Presenting your property

First impressions count, making the presentation of your property critical to a successful sale. Consider addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger

5Marketing your property

To find your perfect buyer, you need to give your property maximum exposure across a wide range of media. When you instruct London Estates to sell your property, you will automatically benefit from our comprehensive marketing package, including exposure on our website, full-colour property details, the major property portals, and our Social Media channels.

6Accompanied viewings

Our opening hours are tailored to your potential buyers needs to maximise viewing opportunities for your property – Accompanied viewings also mean we can use our expertise to help sell your property. Our office is open from 9am-6pm Monday to Friday and 9am-2pm Saturdays, and by appointment for any time that a perspective buyer wishes to view.

7Receiving an offer

As soon as an offer is received we will notify you both verbally and in writing. Any special conditions of the offer will also be stated in writing and we will check the buyer’s ability to proceed before you decide whether to accept the offer.

8Offer agreed

Once you accept an offer we will do the following:>

• Prepare a memorandum of sale
• Write to all parties to confirm the agreed price
• 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, exchange of contacts and proposed dates for completion. We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.

There are no legal obligations until contracts are signed.

9Exchange of contracts

Exchange of contracts occurs when the following have been confirmed and agreed:

• Preliminary enquires following receipt of draft contract
• Evidence of a good title
• Specific issues highlighted in the Lease, if applicable
• Local search queries
• Fixtures and fittings to be included in the sale
• The buyer’s mortgage offer

Once the contract has been signed by both parties and deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker’s draft by the buyer’s solicitors to your solicitor. The completion date is then set by mutual agreement.

10Completion

Completion is when the residual monies (usually 90%) are transferred from the buyer’s solicitor to your solicitors account. Your solicitor will call you when the money has cleared in your account and will inform us to release the keys Congratulations; your property is now sold!

Personal service

We’re not like the large corporate estate agent machines. As an independent, every customer is highly important. We build an understanding of who you are, the journey you’re on, and how we can help. You’re not another property to us - you’re a person first, second and last.

Property Valuations

The valuation of your property can make or break the marketing strategy. And you definitely want make, and not break. We have the experience to advise you on price and where your property sits in the housing market. We’ve done this hundreds of times before – lean on our expertise and honesty.

Customer Focused

You’re at the centre of everything we do. You wouldn’t want it any other way, would you? Check out our Google reviews and you’ll see how happy past customers have been. Our wonderful clients are our best advertising – they continuously recommend us to family and friends.

Experienced & Qualified

We are members of Safe Agent and the Property Ombudsman redress scheme, so you can rest assured that you are dealing with a qualified and regulated agency. That means you get the 5 start service that you deserve. Our team know the local market like the back of their hands.

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