Why sell through Samuel King?
Our company policy is that we work on a no sale no fee basis and our VALUATIONS AND ADVICE ARE FREE.
We sell millions of pounds worth of property every year and we understand that your property is your main asset. You can be reassured that we will act on your behalf to achieve the best price in the shortest period of time.
We do not have problems with purchasers not being able to get mortgages as we have our own guidelines in the office with regards to proceeding sales. The only sales we have fall through are from vendors deciding to stay in their properties, we exchange on 99.9% of all others once a sale has been agreed. A bold statement? Please contact us to run through what we can offer you.
If you are looking at buying in the surrounding area please contact us first so we can guide you through the buy-to-let process and advise you with regards to properties that will suit you and your requirements.
We will listen to your needs/requirements and act on these. WE ARE EXPERIENCED WITH REGARDS TO SALES PROGRESSING AND HAVE OVER 22 YEARS OF EXPERIENCE IN THIS FIELD HAVING SUCCESSFULLY EXCHANGED ON THOUSANDS OF PROPERTIES SOME WITH DEFECTIVE LEASES, INCORRECT PLANS, LACK OF PLANNING PERMISSION/BUILDING REGULATIONS, ABSENTEE LANDLORDS, LOW LEASES TO NAME A FEW, WE LIASE WITH THE COUNCIL PLANNING AND LAND CHARGES DEPARTMENTS, LAND REGISTRY AND FREEHOLDERS AND MANAGEMENT COMPANIES WERE PREMITTING TO GET
YOUR PROPERTY EXCHANGED
Your aim should be to sell your property at the best possible price in the shortest possible time. Our expert valuers are continuously valuing and selling properties in East London, which gives us intimate and unparalleled knowledge of property values in your area. This is why we consistently achieve the asking price on many of our vendors properties. Call us on 0207-474-6000 to arrange a free valuation or complete the request a valuation form.
Selecting an estate agent
When choosing an estate agent, consider their opening hours. We are available to accompany viewings upto 8pm weekdays. When will they be available to conduct viewings? Will they accompany viewings? Their high street presence and what kind of marketing your property will receive? These are critical to obtaining the maximum exposure and the best price for your property. You should also check if your agent will organise your government-required Energy Performance Certificate on your behalf or if you need to arrange this yourself. Samuel King can arrange this for you. You must have commissioned an EPC before your property can be marketed.
Instructing a solicitor
The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to do some research and make a decision before you put your property on the market as this will help to avoid delays. We can offer recommendations if required.
Presenting your property
Add a fresh coat of paint where necessary and try to declutter rooms. Should you be looking to carry works out prior to marketing we will advise you accordingly with regards to which works are necessary.
Marketing your property
To achieve the best price for your property then maximum exposure is essential across a wide range of media, which we offer. We advertise on major property portals, as well as local newspapers and your property will be displayed in our office until exchange of contracts.
Unlike many other estate agents we accompany all property viewings, unless stated otherwise and this allows safety within your property and also our experienced staff can deal with any questions asked by purchasers you may not know the answer to. We also have the experience to promote your property in its best light and give upto date information with regards to improvements being undertaken presently in the area and in the future.
Receiving an offer
As soon as an offer is received we will notify you both verbally and in writing.
Any special conditions of the offer will also be stated in writing and we will check the buyer's ability to proceed before you decide whether to accept the offer.
Once you accept an offer we will , prepare a memorandum of sale, write to all parties to confirm the agreed price, ask you to confirm your solicitor's details.
Your solicitor will send out a draft contract to the buyer's solicitor who will then carry out preliminary enquiries. At this stage you will also be able to agree on dates for the survey on your property, exchange of contracts and proposed date for completion.
We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way.
There are no legal obligations until contracts are signed.
IF YOU ARE SELLING A LEASEHOLD PROPERTY IT IS ADVISEABLE TO APPLY FOR THE LEASEHOLD INFORMATION MANAGEMENT PACK FROM THE OUTSET AS THIS WILL CAUSE
DELAYS WITH THE EVENTUAL EXCHANGE AND COMPLETION OF THE PROPERTY IF NOT
Exchange of contracts
- Exchange of contracts occurs when the following have been confirmed and agreed:
- Preliminary enquiries following receipt of draft contract
- Evidence of a good title
- Specific issues highlighted in the Lease, if applicable
- Local search queries
- Fixtures and fittings to be included in the sale
- The buyer's mortgage offer
- Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor to your solicitor. The completion date is then set by mutual agreement.
Completion is when the residual monies (usually 90%) are transferred from the buyer's solicitor to your solicitor's account.
Your solicitor will call you when the money has cleared in their account and will inform us to release the keys. Your property has now been successfully sold.
Energy Performance Certificates
EPC's give information on how to make your home more energy efficient and reduce carbon dioxide emissions.
Why do you need an Energy Performance Certificate or EPC?
If you are selling or renting a property you now need a certificate by law. From October 2008 EPC's have been required whenever a building is constructed, sold, or rented out. The EPC provides A to G ratings for the building, with A being very energy efficient, and G being less efficient, with the average energy efficiency and CO2 rating now being D.
What can we learn from an EPC?
Information on your home's energy use and CO2 emissions, as well as a recommendation report with suggestions to help reduce energy use and CO2 emissions.
What does an EPC recommend?
EPC's provide a detailed recommendation report showing what you could do to help reduce the amount of energy you use and your property's CO2 emissions. For example the report lists:
Suggested improvements: for example fitting/increasing loft insulation to a minimum of 300mm.
For possible costs savings per year(£); for example £250 to £100 per year, typically saving £150 per year.
How the recommendations would change the energy and CO2 emission rating of the property: from a rating of ?E? to an increased rating of B.
There is no obligation for you to act on the recommendations in the final report. However, if you decide to do so, it could make your property increasingly more attractive for sale or rent by making the property more energy efficient. It is also worth remembering that the property you may be buying or renting will also have an EPC, and the report will detail how you could increase the efficiency of your new home, and most importantly save you money.
If you require any more information on EPC's or want further information you can speak to one of our branch staff, who will be only too pleased to assist.