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Sellers Guide

Arranging a market appraisal

One of the most agonising decisions that face a homeowner is ascertaining your property’s market potential. Austin D’arcy provide free valuations, without any obligations to work with us beyond the appraisal itself.

Following the completed valuation we can then guide you through the next steps involved in selling your property, and advise you on how best to market and prepare your home before viewings begin.

Give your property a facelift

In order to get the highest sale price from your property, we recommend revealing its true potential before beginning the sales process. Ensure porches and gardens, front and back, are tidy and give the doors a fresh lick of paint to ensure a positive first reaction from those viewing your house.

It is always worth making minor updates inside, too, by removing any bumps and bruises that have developed over the years. A lick of paint will give life to any walls and surfaces that have become worn, as much loved ‘features’ will not always be popular with prospective buyers.  

Your potential property sales value will be much improved if you stage your home correctly. It allows potential buyers to imagine themselves in the property, so it is worth removing any lingering odours and perhaps lighting a fire for their arrival. It is also advisable to remove clutter from your storage areas as a cramped house will make your home appear to be lacking space.

Confirm your EPC

It is a requirement that all sellers must provide an EPC before entering the property market. The EPC must be carried out by an accredited assessor and will provide information about your property’s energy efficiency, its typical energy costs and will offer recommendations about how to save money by reducing energy use.

Please contact Austin D’arcy if you require assistance to arrange your EPC, we are more than happy to help.

Find and confirm a solicitor

We advise that you arrange a property focused solicitor as soon as possible when selling your property. Without one the process can be significantly delayed, and finding a solicitor can take more time that you think. It’s always a bonus to be prepared, particularly in London’s fast-moving property market.

Austin D’arcy works with a network of trusted solicitors - and please do hesitate to contact us if you require conveyancing or general legal help.

Receive an offer - then negotiate or confirm the sale price

Once your property is on the market we will inform you of all offers made on your property - whether it is ludicrously low, too good to be true or just right.
 
If you are not happy with the offer you can reject it outright, wait to see if a better offer comes along or, alternatively, if you like the offer you can either accept it outright or begin negotiations.

When a sale has been agreed we will need to guarantee the buyer’s ability to proceed, as well as taking the property off the market. If the buyer is in a chain - meaning they have to sell their own property first – we will speak to their agents to confirm their capacity to purchase and the timeframes for doing so.

If your buyer has a mortgage offer or is a cash buyer, with no related sale, we will ask for proof that their financial affairs are in order. Once we are in possession fall the relevant information we will write to all the involved parties so the legal process can commence.

Confirm legal requirements

When the buyer and sale value has been confirmed it is time to coordinate with your chosen conveyancing solicitor. Confirming the legal requirements can take between four and six weeks and will comprise of arranging the relevant property searches, communicating outstanding enquiries between the buyer and seller, double checking all the documentation related to the sale, and dealing with the buyers finance providers if mortgage finance is a prerequisite of the sale going ahead.

Exchanging contracts

Despite the work up to this point, the sale will not be deemed legally valid until contracts have been exchanged and a completion date has been set.

Completion of the purchase

Once the sale has been agreed and a completion date set, it is up to you as the seller to arrange removals prior to your final day of residence. Austin D’arcy is more than happy to help you with this is required!

On the day of the completion, you will receive the relevant payment for the property and hand the new owner the key. Your lawyers will inform the land registry of the transfer of money and deeds - and the deal is done!  

To discuss the potential sale of your property, or to arrange a free valuation, please contact Austin D’arcy