Selling your home can be very stressful, so it is important to choose an agent you can trust who will make this process as smooth as possible. We aim to eliminate the stress and make the experience as easy as possible.
What to Do Next
Buying or selling a home? Do you require a valuation? Please contact us on 020 7483 0101 or fill in the valuation form. In the meantime, here are a few guidelines which we hope will assist:
Firstly, if you are selling, you will require a valuation. We can offer you a free, no obligation factual and accurate appraisal of the current market value of your home. We will provide you with a valuation based not only on our in depth knowledge of the area, but also utilising our extensive database of recent properties sold.
Instruction of the Agent/Property Details
Having received your valuation, and provided that you are satisfied with it, we will then proceed to prepare full sales details of your property. Bearing in mind the importance of presentation, we will ensure that your sales details highlight the vitally important aspects of your property and ensure that your home is shown to its best possible advantage with the aid of full colour photographs and floorplans.
Once you have seen and approved our particulars of your home, you will then be in a position to receive prospective buyers. Appointments to view your property are made by us and all viewings will be accompanied by one of our senior negotiators.
For Sales Board - This is the most simple and effective marketing tool, available 24 hours a day.
Email – Wherever possible, all prospective buyers who register with us are asked to provide email addresses in order to ensure that they are notified of any new properties as soon as possible within 24 hours of receiving your instruction.
Website – Our exclusive web site laurenceleigh.com is updated daily and full colour details of your home are placed on our website within 24 hours of being placed on the market.
Besides the exposure on our own web site, we will feature your home on both primelocation.com and findaproperty.com.
Advertising – We provide regular prominent advertisement of your property in both the London Property Magazine and the Wood & Vale.
Offers – Any offers we receive are promptly verbally notified and then followed up in writing. Our competent sales team will negotiate between you and your prospective applicant in order to achieve the strongest buyer. We will inform you of the position of the buyers and liaise with you until an accepted offer has been agreed.
Agreed Sale – At this point (if you have not already done so), you will need to instruct a solicitor and, should you require assistance, we will only be too pleased to recommend local firms.
The solicitors will then write to all parties and the buyers will instruct a surveyor to conduct a survey of your property (the “agreed sale” is subject to the contract and any survey) and the buyers’ mortgage offer (if required) will also be subject to the results of the survey.
The sellers’ solicitors will request the TITLE DEEDS from the lender (if appropriate) or yourselves as the seller and the FIXTURES AND FITTINGS form must be completed at this stage.
The solicitors draw up the DRAFT CONTRACT which sets of the Terms of the Sale and sends it to the buyers’ solicitor together with all relevant documents. Any enquiries will then be raised, the Title Deeds and Lease (if applicable) will be checked and LOCAL SEARCHES carried out.
Once the draft contracts have been approved, it can be signed by both parties.
Exchange of Contracts – As long as the mortgage offer has been received and cleared funds placed with your buyer’s solicitor, a mutually convenient completion date can be agreed upon for the exchange of contracts.
Completion – Upon the completion date, we will always be on hand to try to ensure the smothest possible handover of your property to the new purchasers.
Updating on Your Sale – We pride ourselves on our conscientious sales management. We aim to keep you regularly appraised of your sales process right through to completion and liaise with your purchaser, the legal representatives, surveyors and mortgage lenders in order to ensure that your sale is progressed as smoothly and as stress-free as possible.
Laurence Leigh Residential recognises the fact that the purchase of your home is the most important and expensive transaction you are likely to undergo.
Our database features a wide selection of properties and we are sure that with our local knowledge and expertise, we will be able to find you a property to suit your needs, be it a straightforward move or a ‘Buy to Let’ investment.
Please click on the laurenceleigh.com to view a list of our current properties, complete with photographs.
To enable you to unravel the complexities of buying your home, we have set out below an overview of the various procedures involved:
Registration: The first requirement is for you to register your details and property specifications which can be achieved in a number of ways i.e. by email, fax, phone, in person of by completing our registration form. This will give us an insight into your personal requirements, thereby enabling us to modify the details sent to you.
Once registered, you are then in a position to receive details from us directly in person, via mail or email or download and print these out from our website.
Viewing: Please call us on 020 7483 0101 to arrange a mutually convenient time.
Mortgage: In order to speed up your house buying process, it is advisable wherever possible; to get a mortgage agreed in principle before any final decision on your new property is made. This has the advantage of providing you with a clear indication of what is affordable and the fact that you have a mortgage agreed in principle is also attractive to sellers.
Making Your Offer: Once you have located your ideal property, your offer will be submitted by us to the vendor for their consideration. This is done both verbally and in writing.
NB: Please note that all offers are “subject to contract” and therefore neither party is legally bound until the contract is actually signed.
Accepted Offer/Instructing Solcitiors: As soon as your offer has been accepted by the vendor, you should instruct a solicitor to act on your behalf. Your solicitor will handle all legal requirements of your purchase (property conveyancing).
At this point, you also need to formally proceed with your mortgage application and instruct your mortgage consultant/broker accordingly.
Valuation/Survey: The next step is to obtain the Mortgage Valuation, as required by law. This will be conducted by a Chartered Surveyor acting for your Lender. The report is to provide a Valuation i.e. determine whether the amount to be loaned is secure and also deals with the basic condition of the property. Since you as the buyer are also provided with a copy, it allows both parties to evaluate the findings prior to entering into a commitment to purchase. The Mortgage Valuation survey is limited and you may want to obtain a full structural survey at this point.
Searches: These are conducted by the buyer’s solicitor who submits a local authority search to the local borough council. Its purpose is to ascertain if there is any planning consented previously granted on the property or if there are any other local issues which may have an impact on the purchase. In some instances, the search may also include an Environmental and Drainage search.
Draft Contracts: The draft contract is drawn up by the seller’s solicitor and is forwarded to the buyer’s solicitor for consideration. Any additional queries or questions will be asked and answered and the contract amended accordingly, subject to final approval.
Mortgage Offer: The Lender is now in possession of the Mortgage Valuation survey and, subject to the findings of this report; receipt/approval of the mortgage application and provided all references and checks have been conducted satisfactorily, the Lender will send a formal mortgage offer to the buyer and their solicitor. The document is then signed and returned and funds requested by the buyer’s solicitor.
Exchange of Contracts: Once the contract has been signed by both parties, a deposit (normally 10% of the purchase price) is paid by either bank transfer or banker’s draft. At this stage, the parties agree on a date for completion.
Completion: Completion usually follows a few days or weeks after exchange of contracts. The balance of the purchase price is transferred by the buyer’s solicitor to the seller’s solicitor and the keys released.