22nd February 2016

Selling

Why choose spectrum residential

Selling Your House with Spectrum Residential

Comprehensive marketing to give your home maximum exposure.

Local experts behind your sale at every step of the way.

Arrange a free valuation – call now on 0116 2870555

One of the first things we organise is your Energy Performance Certificate so you can start marketing straight away.

Get your home noticed

Your house will be advertised in both Are Glenfield and Blaby Branches and the Spectrum Residential website and selected property portals.

 

Get Your Home Noticed on the Web

When you sell with us, you’ll have the reassurance of knowing your home will be brought to the attention of thousands of active buyers on our estate agency website.

 

Our Experienced Sales Team Will Be Behind You At Every Stage Of Your Sale

Choose us and you will have the support of a sales team with years of experience selling homes and an extensive knowledge of the local market

 

We know what sells where and which features to highlight.

 

Our staff are totally committed to making the selling process as smooth and stress free as possible.

 

Keeping In Touch

We listen to our customers and we know what you really want

Clear communication at every stage, no jargon and simple, honest advice you can trust.

Our sales team have a real passion for selling homes and know the importance of understanding the requirements of each individual buyer.

 

We keep in touch with all our potential buyers and we know exactly what kind of property they are looking for we might even already have a buyer looking for a property just like yours.

 

Buyers get regular email updates of the latest properties to come onto market.

 

They also get follow up calls from our team to give you valuable feedback.

 

We can arrange accompanied viewings at times to suit you and again give you feedback after every viewing.

 

Guide To Selling

 

Arrange Market Valuations

Call to arrange a free valuation of your home. The valuation will advise you on the best price for your property. Once you have decided you want to proceed we will also take colour photos, noting down all the major selling features of your home, and taking measurements.

 

Establish 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 changing your mortgage.

 

Put Your House On The Market

You will need to agree on the price you want to get for your property and the agent’s selling fees. You will then need to sign an Estate Agency Agreement.

 

Confirm Sales Particulars

You will receive draft sales particulars of your home. Due to the Property Misdescriptions Act, you must make any amendments to these, then sign and date and return them to your estate agent.

 

Prepare For Viewings

Prospective buyers will come to view your property, by appointment through the estate agent. Ensure your home is tidy and clean. Read our guide on preparing your home for a viewing.

 

Decide On A Conveyancer

Conveyancing is the term used to describe the legal process you must go through when buying or selling a home. Spectrum Residential can help you find a conveyancer. Conveyancing can be done by a solicitor or a licensed conveyancer. 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, the estate agent will normally contact you by telephone to advise you of this. It is also a requirement by law, that they put all offers to you in writing. Consider all offers and accept the one you are happy with.

 

Offer Accepted

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 seller wishes 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.

 

Sale Agreed

When the agent has confirmation of both parties’ conveyancer’s details, they 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 seller can withdraw from the sale/purchase without any penalty.

 

Apply For Your Mortgage

Complete your mortgage application form, with the help of a Financial Adviser. At this stage you should also apply for any protection plans you will need to cover your mortgage eg. life assurance, income protection etc.

 

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 try to re-negotiate the purchase price. This will be usually be done via the estate agent.

 

Draft Contracts Are Prepared

The seller’s conveyancer will obtain the title deeds from the seller 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.

 

Confirm Mortgage Offer

You should receive your mortgage offer about now, together with the terms and conditions of your mortgage. You need this before you can exchange contracts

 

Arrange Buildings And Contents Insurance

You should now get quotes for buildings and contents insurance. Your mortgage lender may offer you their own insurance. You are not normally obliged to accept this and it is advisable to gain a number of quotes. You will need the insurance to be effective from exchange of contracts.

 

Signing Of Contracts

Both the buyer and seller 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.

 

Exchange Of Contracts

Once the contracts are signed, the buyer’s deposit (normally 5 – 10% of the property price) is sent to the seller’s 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 are in contact with to advise them of your new address. You may also want to contact Royal Mail to arrange a mail re-direction.

 

Organise Removals

You should now confirm your removal firm booking.

 

Prepare your home for sale

 

Adding Value To Your Home

 

So how do you begin to prepare your house for sale? The exterior of the property is a good place to start to see if you are really taking advantage of its features and position:

 

Prepare Your Home for sale

You can prepare your home for sale by pruning overgrown trees it can suddenly add to the size of an existing lawn or even allow you to get a better view of open countryside.

 

Remove old sheds or worn out concrete paths – by getting rid of these you cannot only create space, but also light, in the garden and the house.

 

You could prepare your home by adding a patio door or decking to extend the living area into the garden it’s especially nice in summer and it can add value in terms of combining the use of the house and garden.

 

Check the appearance of the driveway and garage too a new drive can significantly add to the appearance of a property and potentially the value.

 

Perhaps the garage needs painting or even a new door needs fitting to it. You can prepare your home by a clever use of colours, and materials. This can complement the appearance of the property and again add to the overall presentation and potential value.

 

Make sure the paintwork, guttering and doors are well maintained. Consider investing in new uPVC fascias and double-glazing if you have not already got them. Remember, however, to consider the age and style of the property, uPVC windows can, for example, cheapen a Victorian home and if you replace sash windows with uPVC windows it may actually reduce the value of the property.

 

General Improvements

 

Once you’ve decided to put your house on the market there are many small improvements you can make which will do wonders for that all important first impression.

 

Improve or modernise the kitchen – consider replacing doors and handles if the unit carcasses are in good condition, replace the work surface with a more up to date one. Don’t forget to replace the flooring too especially if it’s a little worn.

 

The bathroom too is also worth concentrating on. Rip out any old coloured 70s style bathroom suites and replace with white ones in a design that compliments the age of the property and other furnishings.

 

If you are thinking about a new en suite or second bathroom, it can add 5% to a home’s value but don’t do it at the expense of a double bedroom, as this could devalue your property. The number of bedrooms is still the preferred indicator of the size of a property for most people.

 

Checklist for Moving House

 

4 To 6 Weeks Before Move Date

 

Tips moving house

Get quotes from several removal firms and weigh up the cost of those against hiring a van yourself.

 

Some removal services provide extras such as insurance and packing be sure to ask if you require these.

 

Ensure the removal firm is a member of the National Guild of Removers and Storers.

If you use a removal firm, read your contract so you know what to do if any of your goods get damaged in the move, and also check your household insurance.

 

Make an inventory of everything to be moved and give a copy to the removal firm.

 

Avoid peak times to move if possible, eg Bank Holidays, end of school terms and Fridays.

 

Make a list of the utility companies you will need to notify.

 

You can have your mail redirected by notifying the post office, this service does incur a charge.

 

As soon as possible start to pack any items that will not be needed before the move.

 

Bin or give to charity any unwanted items.

 

1 Week Before Moving Date

 

Cancel all deliveries such as papers and milk.

 

Towards the end of the week, defrost the freezer.

 

Hire removal boxes if not supplied by the removal firm.

 

Arrange final readings of water/gas/electricity (72 hours notice).

 

Arrange for your final telephone bill, and your connection at your new home.

 

Throw out anything you don’t need.

 

Plan where the furniture is going to go in your new home.

 

Remember to label all boxes with their contents and which room they are to go into.

 

Prepare For a Viewing

 

Remember that first impressions count! You will want to create the best possible impression when a potential buyer comes to view your home.

 

Garden

Ensure that the garden is tidy.

The lawn should be free of leaves.

Sweep the paths, pull out the weeds, and check for loose paving.

Clean the garden furniture.

Hanging baskets, planted tubs and window boxes make a house look cheerful and create a fresh smell.

Put the bin out of sight and make sure that it does not smell!

 

Inside

Whole House

Vacum

Clean the house from top to bottom.

Plump your cushions.

Straighten the curtains.

Tidy up any clutter or cover it up.

Ensure all light bulbs work – especially in cupboards and under the stairs where prospective buyers might want to look.

 

The Living Room

In winter ensure the house is warm.

Potted plants or fresh flowers brighten up the room, but make sure their smell is not overpowering.

The smell of furniture polish gives the impression the home is well cared for.

Leave a light on – this can create a relaxed atmosphere and brightens the room.

 

The kitchen

Work tops benefit greatly from under-unit lighting – so if you have them, turn them on.

Make sure the surfaces are clean and clutter free.

Look in the cupboards – are they packed well? You don’t want all your tins to fall out if they are opened!

 

The bathroom

Towels

Freshly washed, sweet smelling towels should be hung neatly on the rails or over the bath.

A sparkling bath, hand basin and toilet create the right impression.

If the bathroom is tiled, ensure the tiles and the grout are clean.

Ensure you know how the heating and hot water systems work so you can answer any questions.

 

The bedroom

Make sure the bed is nicely made.

Avoid clutter.Leave a light on to create atmosphere.

Tidy away anything you don’t want on show!