Selling your home can be complicated, sometimes even frustrating, particularly if you are unsure of the process. To help make the experience as straightforward as possible for you, we have created this chart that explains the key stages leading to completion.
HIPS (Home Information Packs) are being introduced by the UK Government from August 1st 2007 for four bedroom properties and September 10th 2007 for three bedroom properties. Homeowners wishing to sell a property with three bedrooms or more will need to have commissioned a HIP before we as an Estate Agent can begin to market the property for sale. For further information about HIPS - please view our HIPs information web page. - please view our HIPs information web page.
Our obligations
Valuation
- Agree asking price
- Advise Vendor to appoint solicitor & to apply to title deeds
Instruction to sell
- Discuss HIPs (if applicable)
- Prepare sales particulars including photos & floorplans
- Place property on Bushells website & other affiliated sites
Viewings
- Staff to view property first
- Appointments to be arranged & confirmed with Vendor
- Feedback to be given within 24 hours
Offer
- Check chains where necessary
- Check deposit & mortgage
- Confirm offer in writing
- If offer acceptable withdraw property from market
What Purchaser does
Purchaser
- Instruct solicitors to act & pay for searches
- Fill in mortgage application & submit to lender with cheque for survey
Purchaser Solicitor
- On receipt of paperwork apply for all searches
- Approve contract & raise enquiries if leasehold write to management agents
Purchaser
- Sign mortgage offer
- Sign & return contract
- Arrange for deposit to be sent to solicitor
- Confirm exchange completion dates
- Instruct solicitor to exchange
What Vendor does
Vendor
- Instruct solicitors to send draft paperwork
- Complete all necessary paperwork, i.e. fixtures & fittings form & property information forms
Vendor solicitor
- Once title deeds & all supporting documents received send to Purchaser's solicitor
- Reply to enquiries
- Approve contract
Vendor
- Sign & return contract
- Confirm exchange & completion dates
- Instruct solicitor to exchange
Bushells
- Contact solicitors once per week to obtain update
- Chase & arrange surveys
- Give weekly updates to Purchaser & Vendor
- Discuss exchange & completion dates