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5 Going Sale Agreed

This is the part you have been waiting for and an end to your journey is in sight. After viewings the interested parties will emerge and start to make off ers. We , as your agent, will be able to analyse the various off ers, who is loan approved, who is in a chain and how these off ers refl ect the current market conditions. All off ers will be put forward to you but as your advisor we will be well placed to put any off er in it’s proper context. Potential buyers may increase their off er more than once and negotiations can be lengthy but we will be there every step of the way with you to ensure you ultimately receive the best price for your property. Once an agreement has been reached and you are happy to accept an off er, your property will then be Sale Agreed on receipt of a booking deposit from the proposed buyer to secure it. We will then forward on a sales advice note to your solicitor with all the particulars of the sale included in order to move to the fi nal stage.

6 Closing the Sale

This is the fi nal step! Once everything is agreed and all parties have signed and exchanged contracts, the buyer is legally bound to proceed with the purchase. On the date of completion the full balance of the property price will be transferred to your solicitor and we can then hand over the keys to the new owners.

The Legal Aspect

When deciding to sell your property you will need to make contact with a solicitor, as a qualifi ed conveyancer undertakes the specialised legal work required during the sales process, primary amongst these duties are;

• Obtaining the Title Deeds and other relevant documentation.

• Drawing up a draft contract for sale

• Managing the mortgage redemption process

As the fee which you will pay your solicitor for the conveyancing work usually includes preliminary advice, you should take the time and trouble to engage your solicitor at the beginning of the process as this may pre empt any potential issues such as planning consents that will save time later on.

If you do not have a solicitor, Bohan Hyland would be happy to recommend one from a panel of legal fi rms we use frequently.