#CAVENDISHEXPERTS in Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk
In all honesty, selling a home could in most cases prove to be a daunting task and people sometimes do not get it right at first, they try and then try again.
To ensure things run as smoothly as possible, we have compiled a checklist on the entire process, start to finish...
Instruct the RIGHT Estate Agent (see our tips on how to do this by reading this article)
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Clean everything, and then clean it again
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Consider how your place smells - one trick to make your place seem welcoming is to put a little polish on to your radiators. It will give your home a welcoming and βcared forβ scent
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Declutter - show off your space, not your possessions!
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Tone down the dΓ©cor, you want your buyers to be able to see themselves in your property so keep things neutral so they can imagine what they can do with the space
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Let the outside in... the more light the better, open up all windows and pin back curtains/open blinds. Plants and vases of flowers will also add to the freshness of your property
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Organise your storage spaces/wardrobes, it's one the key selling points of every home so your storage must be shown at its best
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Turn your bathroom into a spa i.e. a calm and relaxing place. Stack some pretty, co-ordinated towels around, add scented candles, and maybe a small plant pot or two. Make sure you have co-ordinated bath mats and towels to give it less of a mismatched feel and put the toilet seat down!
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Identify structural problems ππππ¨π«π marketing your property
Whilst your property is being marketed...
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Instruct for searches to be completed - yes, even though it's traditionally up to the buyer, we recommend this!
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This provides buyers advanced warning of any major issues such as subsidence, failed roof structure, widespread rot, flood risks etc
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Get 'Sale Ready' by completing the Property Information Questionnaire (download
here)
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Gather documents such as:
π HM Land Registry title documents
π Complete your Property Information Questionnaire
π A copy of the lease (if leasehold)
π§― Determine whether your building requires an EWS1 form
πDocumentation related to the freehold (if freehold)
π‘ FENSA or CERTAS certificates for windows
β Planning permission for any major work carried out
𧱠Party wall agreements (if relevant)
β Building regulation certificate when alterations have taken place
π·ββοΈ Builder guarantee certificates for alterations or additions
π Subsidence and/or damp guarantees/warranties
π³ Energy Performance Certificate (EPC)
β½ Gas checks completed by a Gas Safe registered engineer
β‘ Electrical Installation Condition Report
When you have found a buyer...
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Considering an offer: What is the position of the buyer? Do they have a mortgage in principle? Is it a 5% or 25% deposit mortgage? Are they in a chain?
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Accepting an offer: it's not all about the highest figure!!! Position is equally (if not more) important!
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DEFINITELY speak to your Estate Agent about which buyers are 'proceedable' and which aren't - this is ABSOLUTELY critical at this stage
Instructing a solicitor...
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Before you instruct a friend of a friend, or your family solicitor... It is important to consider the solicitor's experience in your type of property sale in your area
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And ask about whether they have annual leave booked, what happens with your transaction in their absence etc and a huge plus point, do they know/work well with the buyer's solicitor
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Set a target end date and make sure all people in the chain are fully contactable up until then... Even if on holiday
Draft contract, enquiries, exchange and completion...
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A draft contract will be sent to the Buyer's solicitors, they will raise enquiries (if any) for you to respond to
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When all enquiries are resolved, a date will be set for you to sign the contract
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The contract will then be sent to the Buyer to sign (this is the 'exchange' that people refer to i.e. the contract you signed has been exchanged with the Buyer)
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Once they've signed, the contract has been successfully exchanged and a completion date will be set
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So, exchange of contracts is the legally binding side of the sale... Completion is the physical side of collecting keys and moving in
Congratulations! You have SOLD your home π€
π© Download our HOME BUYING & SELLING GUIDE
here π©
πββοΈ If you are looking to sell, contact us today and our EXPERT TEAM will happily guide you through all of the above!
βπ§π¨
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