ARRANGE A MARKET APPRAISAL AND MARK UP
The Valuer or property consultant will advise you on the best price for your property, as well as taking photos, noting down all the selling features of your property, measuring the property and completing free of charge 2D and 3D floor plans!
FIND OUT THE COSTS OF MOVING
Work out how much it is going to cost for you to move. If you are also buying you may need to take financial advice with regard to increasing your mortgage.
PUT YOUR HOUSE ON THE MARKET
Choose Manhattan Estates to sell your home. You will need to agree on the price you want to get for your property and the our selling fees. You will then need to sign an Estate Agency Agreement and arrange an Energy Performance Certificate.
CONFIRM SALES PARTICULARS
You will receive draft sales particulars of your home via email. You will need to review these and make any amendments as appropriate and send it back to us. If there are no changes you just reply stating that you are happy with everything and your property is live.
PREPARE FOR VIEWINGS
Prospective buyers will come to view your property, by appointment through Manhattan Estates. Ensure your home is tidy and clean and touch up any stains, ripped wallpaper etc.
DECIDE ON A CONVEYANCER (SOLICITOR)
You will need to decide who will do your conveyancing. Conveyancing is the term used to describe the legal process you must go through when buying or selling a home. Conveyancing can be done by a solicitor or a licensed conveyancer. Manhattan estates have several on file to give you the best and easiest service. You will need to find out what their fees are and what other legal costs are involved and when these are payable.
ACCEPT THE RIGHT OFFER
When a buyer makes an offer on your property, we will normally contact you by telephone to advise you of this. Consider all offers and accept the one you are happy with.
Agree on any fixtures and fittings to be included in the sale. This normally covers curtains and carpets. It may also include anything else in the property which the you wish to leave or which the buyer expects to be included.
INSTRUCT YOUR CONVEYANCER
If both parties are ready to proceed with the sale and purchase, you should now appoint your conveyancer. Ensure you are clear what the fees are and when these are payable. You will normally be asked to pay a fee upfront for the searches.
Once we have confirmation of both parties’ conveyancer’s details, we can confirm that the Sale is Agreed, Subject to Contract. You will receive a Memorandum of Sale to confirm this. At this stage you are not legally bound – both the buyer and yourself can withdraw from the sale/purchase without any penalty at this time.
AGREE TIME FOR SURVEY
Your buyer’s surveyor will contact you to arrange a suitable time to carry out the survey. The results of the survey will be sent to your buyer. If your property needs any work doing the buyer may to try to re-negotiate the price. This will be usually be done via ourselves.
DRAFT CONTRACTS ARE PREPARED
Your conveyancer will then obtain the title deeds from you and will then draft a contract and send it to the buyer’s conveyancer.
CONFIRM DETAILS ABOUT YOUR PROPERTY
Your conveyancer will ask you to fill in two forms. You should complete a Property Information Form, giving details about your property’s boundaries, any alterations you have made to the property etc. You will also need to fill in a ‘Fixtures, Fittings and Contents’ from which will confirm exactly what is included in the sale. These forms should be returned to your conveyancer.
SIGNING OF CONTRACTS
Both the buyer and yourself must sign the contract before exchange. Your conveyancer will advise you when to do this.
AGREE DATES FOR MOVING
Conveyancers for both parties will agree a date for exchange of contracts and Completion (moving day). At this stage, it is an idea to obtain quotes from removal companies and provisionally book a date. Manhattan Estates do have a removal company on hand to help you with your move and take the stress out of it.
EXCHANGE OF CONTRACTS
Once the contracts are signed, the buyer’s deposit (normally 5 – 10% of the property price) is sent to your conveyancer, along with the signed contract. This is known as EXCHANGE OF CONTRACTS. You are now legally bound to the sale/purchase and cannot withdraw without suffering a loss.
ADVISE PEOPLE OF YOUR CHANGE OF ADDRESS
Contact your utilities companies to advise them of your move and to arrange for the meters to be read. Also contact all other organisations you do business with to advise them of your new address. You may also want to contact Royal Mail to arrange a mail re-direction.
You should now confirm your removal firm booking.
The buyer’s conveyancer pays the balance of the purchase price, electronically, to your conveyancer. This is known as COMPLETION. Once the money is received by the your conveyancer, they will inform the ourselves that the keys to the property can be released. The buyer can now move in.