Looking to Sell
Step by Step Guide
We are here to sell your home or help you find your perfect home it’s as simple as that. Our sales team are fully trained and experienced in dealing with offers and negotiating the best possible price. We are extremely proud of our sales teams in all of our offices they work relentlessly achieving sales and negotiating offers every single day. If you are considering selling your property, please follow the link to book your valuation.
Thinking of selling? Here’s a step by step guide;
1st time buyers
Getting on the property ladder for the first time, no matter what your age, is a major achievement and were happy to help in any way we can. We offer expert advice to our first time buyers but the first thing we would do is point you in the right direction to speak to someone about mortgages.More
Read what our vendors and buyers say about us
Here is our step by step guide to selling:
- What is the reason for selling are you downsizing? Need more space? Relocating?
- Get your home valued. Call us to book in your valuation. Once you have confirmed your selling price you are ready to go! Click here to book your valuation
- Prepare your home for sale. Stage your home, make it look at its best. A clean and tidy home is the best advice we can give. Get rid of excess clutter, give the main rooms a fresh lick of paint. Keep in mind you want to show your property at its best for every viewing.
- Accept an offer. Sold! Time to celebrate! Liaise with our sales team re your offer. We will negotiate the best possible price on your behalf. Once you have accepted an offer the property will be marked as sold on our website. You and the buyer will receive some paper work form us confirming the sold price etc.
- Confirm your solicitor/conveyancer. You will need to let us know which solicitor you wish to use for your legal work and transfer of ownership. We have the most fantastic firm on our book s and we have used them for over 15 years now. They work extremely hard for us and we have a fantastic relationship with them. Our valuer would have given you some information and costs for their fees at your valuation.
- Start packing! From accepting your offer and agreeing the sale of your home it can take 6 to 10 weeks to all go through but this is now in solicitors hands at this stage. Our sales team don’t stop working for you once we have agreed the sale they remain in frequent contact with solicitors and you.
- Exchange contracts and completion. Exchange of contracts is the point at which the buyer pays a deposit and the sale/purchase contract becomes legally binding. Completion is when the balance of the payment for the property is passed over to the seller's solicitor and ownership transfers to the buyer. Once solicitors have confirmed completion your keys will need to be at our office ready for the buyer to collect.
Conveyancing & Mortgages
We will work closely with you to plan an efficient and cost-effective way of dealing with all your residential and commercial legal paperwork.
We work closely with Bannister Bates Property Lawyers who specialise purely in property and have a team of highly experienced dedicated property lawyers.
‘’We at Bannister Bates understand the importance of communication. You will be dealing with the same highly experienced member of staff, who will be available to take your calls and reply to your emails throughout your transaction and, most importantly, will respond to any enquiries quickly and efficiently, and will have first-hand knowledge of your transaction.
With the benefit of our sophisticated case management system, we will ensure your purchase or sale completes as soon as possible, and at a competitive price, and will keep you informed of progress throughout the transaction.
To find out more about our service or to obtain a fixed fee quote please email email@example.com
The Selling Process
Bannister Bates Property Lawyers have a team of highly experienced Property Lawyers who will deal with the following matters on your behalf: -
- Obtain your title deeds from the Land Registry or your existing lender.
- Assist you in completing the standard Property Information Form, and Fixtures and Fittings Form.
- Prepare the Contract for sale and the Contract Pack and send it to your buyer’s Conveyancer.
- Agree a completion date with you and the buyer’s Conveyancer, and Exchange Contracts.
- On the completion date, repay the mortgage on your property (if applicable) and pay the balance of the proceeds of sale to you.
The Buying Process
Once I Have Instructed A Conveyancer, What Can I Expect to Happen Next?
Step 1: Sale agreed
- Your conveyancer will ask the seller’s conveyancer for the contract and title documents
- The contract is received, and the seller’s conveyancer will be asked questions about any legal issues, e.g. evidence of the seller’s ownership of the property, rights of way over the property etc
- Local authority, drainage and environmental searches will be carried out.
- They will send you forms completed by the seller which will provide further information about the property, including details of fixtures and fittings.
- They will deal with your mortgage offer if applicable.
- They will send a report to you with the contract and other documents for signature and request the deposit.
- Finally, they obtain your authority to exchange contacts.
Step 2: Exchange of contracts
- Your conveyancer will exchange contracts with the seller’s solicitor with a fixed date for completion.
- They will send the contract and deposit to the seller’s solicitor.
- Before the completion date they will request any additional money, they require from you and request money from your mortgage lender.
Step 3: Completion
- Your conveyancer will complete the purchase by sending the balance of the purchase price to the seller’s solicitor.
- They pay the stamp duty on the property on your behalf (if any)
- They register your legal ownership at the Land Registry.
How Long Will It Take To Complete The Purchase?
On average, a conveyancing transaction takes 8-12 weeks from the time they receive the draft contract to completion, although a leasehold flat will take longer. How long it takes will depend on a variety of factors that include when your mortgage is approved, the speed of the solicitors, how long it takes to get search results back, the length of the chain of transactions (if any) and the legal issues involved. We will try hard to meet the completion date you want but cannot guarantee that this will be possible at this stage.
We work closely with our mortgage broker and fully recommend meeting with them to discuss applying for a mortgage. They will search the market for the best deal they can achieve for you and make the whole process as straight forward as possible. From an initial meeting establishing your needs and objectives, through to completion and regular reviews; their service is designed around you and your individual needs.
Based in Carlisle but operating throughout Cumbria via their network of advisors, they offer flexible appointment times, which includes both evenings and weekends.
So, whether you’re a First Time Buyer, a Landlord, an investor or simply want to discuss your existing mortgage, please let us know if you would like to discuss mortgages further. Email link to firstname.lastname@example.org
Your property may be repossessed if you do not keep up repayments on your mortgage.