Selling Process


1Valuation

Pitching the price of your property correctly is a skill.  Too high and you won’t receive any interest.  Too low and the property sells for much less than it is worth.  An accurate valuation pulls together information from several resources:  The cosmetic, general structural condition and future potential of the property, the prices achieved for similar properties in the area. This information is reviewed and an appropriate asking price is offered to you.

2Selecting an estate agent

Selecting the perfect estate agent to represent your interest is most important. Sound local knowledge, well trained highly motivated staff; clear, fair terms of business, a competitive fee structure and a proven history of sealing deals should be high on your list of priorities. The agent that gives you the highest valuation is not always the best for you. Our staff are trained to an exceptionally high standard so you can rely on us.

3Instructing a 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. Find out what their fees are, what other legal costs are involved and when these are payable.  We can recommend a solicitor if you do not have one.

4Presenting your property

Prospective buyers will come to view your property, by appointment through the estate agent. Ensure your home is tidy and clean. De-clutter and take down any personal photographs for viewings – it makes the property less personal to you and more of a blank canvas for those looking around.

5Marketing your property

To find the right buyer your property needs maximum exposure across a wide range of media. We offer a range of important marketing benefits which will aid in getting you the best possible price.

To raise the profile of your property we always recommend these following methods:

Erecting a For Sale board – This is one of the most effective ways to advertise and attract buyers to your property. They really do work and they advertise your property 24 hours every day. 

E-mail – The world of technology now enables us to send your property all around the world with a simple click of a button. 

Direct marketing – We will contact any prospective purchasers who are registered with us and inform them of your property within minutes of receiving your instructions. Any details will be sent via any methods of communication including emails and SMS alerts. Targeting a direct market of registers applicants ensures we don’t get time wasters.

Website and property portals – Our website is updated instantly and full details of your home will be placed as soon as details have been approved.  In addition to advertising on our website, we also advertise in local press and through national property portals.

6Accompanied viewings

Primden Group believe that flexible opening times are essential to maximize viewing opportunities for your home. We know that our customers need to work around their usual daily commitments, resulting in a large number of our clients viewing after work or at weekends. Accompanied viewings allow us to share our expert knowledge on your property to achieve competitive offers. The safety of our clients is paramount therefore we never allow prospective buyers to visit un-accompanied.

7Receiving an offer

All offers will be reported both verbally and in writing and we will check all offers for their validity and ask for proof of funds.  We will also conduct checks under the Proceeds of Crime Act 2002 and Money Laundering Regulations 2003 and ensure that any mortgage offer is verified.  In the case of multiple offers, we will advise you on the best course of action.  

We will always try to achieve the best possible price for your home and act in your best interests throughout the transaction.

8Offer agreed

Before an offer is agreed we will check the buyer’s ability to purchase a property.  We can also contact the buyer’s personal mortgage adviser to confirm their financial commitment. This minimises the risk of a purchase falling through.

At the point of a sale being agreed, we will liaise with both your solicitor and the buyer’s solicitor and prepare the memorandum of sale and we will write to all parties confirming the agreed details of the sale.

Your solicitor will request the title deeds from the lender (if appropriate).  The solicitor will prepare the draft contract, which details the terms of the sale, and send it to the buyers’ solicitor together with all relevant documents.  The buyer’s solicitor will then start the preliminary checks.  The Title Deeds and Lease (if applicable) will be checked and local searches carried out.

Remember that in England an offer is not legally binding, so until contracts have exchanged your buyer could change their minds without financial loss.

9Exchange of contracts

At this stage both parties become legally committed to the sale, and if it falls through from this point onwards then the deposit is forfeited.  Contracts are signed by both parties and the solicitor requests the buyer’s deposit. A completion date is set and agreed upon by both you and the purchaser.  Unless agreed otherwise (e.g. a simultaneous exchange and completion) the completion date can be anything up to 28 days from the date of exchange.

Normally both parties will want a short period of time between exchange of contracts and completion to organise their move. If you haven’t done so already you should have arranged all packing and removal duties, informed everyone of your change of address and booked any

10Completion

Completion occurs when all outstanding legalities have been completed and the balance of funds are transferred to your solicitor. The solicitor will let you know when this has happened and will inform us so that we can release the keys.

Lettings

We pride ourselves on being genuine industry experts, providing a positive experience, from enquiry to after care. We focus exclusively on lettings and value properties, we don’t just list them. Knowledge and innovation mean we aim to provide a smooth transaction between Landlords and Tenants by understanding their requirements and being available to answer any queries.

Property Management

Personalised Approach
We are here to help you protect your asset and investment. Our property management team will safeguard and enhance your investment and ensure you are up-to-date with ever changing legislations. We aim to give you peace of mind that the property is being looked after and inspected on a regular basis.

Valuation

Letting your property follows successive steps. The first will be to establish the property's current value. Our experienced valuers will provide current market advice alongside a defined and proactive marketing strategy during your property valuation.

Corporate Letting

Our in-house Corporate Services department offer professional relocation services to companies and their employees within the Pharmaceutical, Tech and Financial services industries. Our extensive list of corporate clients include the likes of Facebook, Google, Sony, Barclays, J.P. Morgan and many more.....

Fees

Refundable Holding deposit Capped at 1 weeks rent

Security Deposit Capped at 5 weeks rent for annual rental under £50,000, or 6 weeks rent for annual rental over £50,000

Rent The agreed monthly rent

Changes to tenancy Capped at £50 inc VAT

Early termination charge Not exceeding the landlord’s financial losses

Late payment of rent Interest of 3% above BoE base rate for each day the rent is late, once it is 14 days overdue

Replacement keys Reasonable costs or give the tenant the option to purchase themselves

Utilities, council tax, communication services, TV Licence etc Tenants own responsibility unless otherwise stated in contract