1 minute read
SPEED UP BUYING/SELLING (PART
2)
Welcome
Advertisement
Get Your Paperwork In Order
If you’re selling, you’ll need to complete a property information form. This form will give the prospective buyer detailed information about the property and will include details of any disputes or complaints as well as documents such as certificates from renovations.
The Importance Of A Good Estate Agent
Despite us all living in a digital world, the role of an estate agent is as important today as it was 50 years ago. The job of your chosen estate agent is to speak to the buyer, the vendor and their legal representatives regularly to make sure everything is on track. Remember, estate agents don’t get their commission until the sale has been completed, so, just like you, they also want the selling and buying process to go through as quickly as possible. Estate agents will always have your best interests at heart and address any concerns you may have along the way.
Get Your Building Insurance In Time For Exchange Of Contracts
This step is usually a condition of the mortgage agreement. You must arrange building insurance for your new home before the exchange of contracts. It’s worth shopping around to save a few pounds.
Don’t be afraid to ask for updates from your conveyancer and estate agent. It’s always good to be fully informed about the progress and to make sure your case isn’t at the bottom of the priority pile.
Be Ready To Act
If any queries come up, answer them immediately. Waiting by the phone or refreshing your email inbox should be your new full-time job, after all, you don’t want the process to be delayed because of your reaction time.
Other Common Conveyancing Problems
In conclusion, the most common issues when it comes to delays is because the buyer or seller, or their conveyancing solicitors, are taking their time when responding to enquiries, but there are other reasons that can play a part, too...
• Building survey revealing problems
• Problems with the property title
• Missing information from the seller
• Issues with the buyer’s mortgage application
• A probate sale
• Property searches-related as the local authority is too slow to respond
• Being in a chain
• Buying a new build property that just isn’t ready
If you’re looking for a trusted estate agents, please consider us at Fisks. We have 50+ years of local experience and our friendly professional staff are waiting to help you.
