LANDLORD’S GUIDE FOR SELLING
Streamlining Your Property Journey with Mak Property Services.
1. Arrange Market Value
Rely on our expert valuers to advise you on the optimal price for your property. We go beyond by capturing the essence of your home through photography, highlighting its key selling features, and meticulously measuring every detail.
2. Establish the Costs of Moving
We guide you through the financial aspects of your move, considering costs associated with both selling and buying. If a mortgage increase is on the horizon, our team can connect you with financial advice tailored to your needs.
3. Put Your House on the Market
Choose MAK Property Services as your estate agent. We assist in determining the ideal price for your property, outline agent fees, and facilitate the signing of the Estate Agency Agreement. Additionally, we help arrange an Energy Performance Certificate for your home.
4. Confirm Sales Particulars
Receive draft sales particulars, ensuring compliance with property description regulations. Make necessary amendments, sign with a date, and promptly return the finalized details to your estate agent.
5. Prepare for Viewings
Ready your home for prospective buyers. Our guidance ensures a tidy and clean presentation, with quick fixes like paint touch-ups making a significant impact.
6. Decide on a Conveyancer (Solicitor)
MAK Property Services aids in the decision-making process by pointing you in the right direction for selecting a conveyancer. Whether a solicitor or a licensed conveyancer, we ensure you have the information needed to make an informed choice.
7. Accept the right offer
Once offers are presented, consider them carefully. Mak Property Services adheres to legal requirements by ensuring all offers are communicated in writing. Accept the offer that aligns with your expectations.
8. Offer Accepted
Agree on fixtures and fittings included in the sale. This negotiation typically covers items like curtains and carpets.
9. Instruct Your Conveyance
When both parties are ready to proceed, appoint your conveyancer. We guide you on understanding fees, payment schedules, and upfront costs for searches.
10. Sale Agreed
The estate agent confirms the Sale Agreed status, subject to contract. You receive a Memorandum of Sale, indicating a non-binding stage where either party can withdraw without penalties.
11. Apply For Your Mortgage
With the support of our in-house financial advisor, complete your mortgage application and apply for necessary protection plans.
12. Agree Time for Survey
Coordinate with your buyer’s surveyor for property surveys. Address any findings that may impact the purchase price.
13. Draft Contracts are Prepared
Seller’s conveyancer obtains title deeds, drafts a contract, and sends it to the buyer’s conveyancer.
14. Confirm Details About Your Property
Complete property information forms and specify fixtures, fittings, and contents included in the sale. Submit these forms to your conveyancer.
15. Confirm Mortgage Offer
Receive your mortgage offer along with terms and conditions, crucial for the exchange of contracts.
16. Arrange Buildings and Contents Insurance
Obtain quotes for insurance, ensuring coverage from the exchange of contracts onward.
17. Signing of Contracts
Both buyer and seller sign contracts as advised by your conveyancer.
18. Agree Dates for Moving
Agree on dates for contract exchange and completion. Provisionally book removal services.
19. Exchange of Contracts
The exchange of contracts solidifies the legal commitment, with the buyer’s deposit sent to the seller’s conveyancer.
20. Advise People of Your Change of Address
Inform utility companies and relevant organizations about your move, ensuring a smooth transition.
21. Completion
The buyer’s conveyancer completes the transaction by electronically transferring the balance to the seller’s conveyancer. The keys can now be released, marking the completion of your property journey with Mak Property Services.
Disclaimer
The information provided above serves as a rough guidance for the property journey with Mak Property Services. While we strive for accuracy and clarity, it is important to note that Mak Property Services does not assume any legal responsibility for the content provided. The guidance presented is intended for informational purposes only and should not be considered as legal advice.
For any legal or specific inquiries regarding your property transaction, we strongly recommend seeking professional advice from qualified legal professionals or conveyancers. Each property transaction is unique, and legal nuances may vary. By engaging in any property-related activities, it is advisable to consult with a legal professional to ensure compliance with applicable laws and regulations.
MAK Property Services is committed to facilitating a smooth and informed property experience, but we encourage clients to take proactive steps in seeking legal help when required. We value transparency and emphasise the importance of obtaining personalised legal guidance tailored to your specific circumstances.
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