Many sellers consider moving house to be a frustrating and emotional period in their lives due to all the red tape which goes along with selling and buying. If you choose the right agent who has the professional staff within their organisation able to guide you through the various steps prior to moving, then the whole transaction should be completed with the minimum of inconvenience to you and your family. Main and Main offer this service.
Sellers take different views on how to sell a house. In our experience, those who participate in the sale and work alongside the agent generally end up not only obtaining the best price but enjoying the whole experience. There is no magic about selling, but there are tried and tested methods which have stood the test of time, although some minor adjustments may be necessary to suit individual needs.
Contact Main & Main to arrange a market appraisal. We will visit your home and advise on price, a suggested marketing price and any improvements which may be required to obtain its maximum value.
At this initial meeting we will also suggest that you seek mortgage advice prior to coming to the market. It is always best to know your approximate future monthly repayments beforehand.
Main & Main will explain the financial costs involved to give you an idea of your total outlay. This will not only include our fees, but all other expenses you are likely to incur. (See Guide to Buying on our site.) Please note an agent must now quote the full fees inclusive of VAT (ASA ruling November 2014
Following our initial visit Main & Main will write to you confirming the asking price and setting out our fees and terms of business. Providing you are happy with its content and you wish to offer your property for sale, we will revisit your home to carry out the following:-
N.B.1 All sellers will have to comply with money laundering regulations as amended from the 26th of June 2017. This will involve all owners producing identification documents and or proof of ownership prior to the property being marketed
N.B.2 Main and Main are ISO registered. Registartion number Z1558122
Main & Main will advise on the next steps to be taken which will hopefully lead to a successful sale. During this period we suggest you start to look around to see what properties are available in the area you wish to live, at the same time compare prices. Feel free to talk to us for advice.
Buyers submit offers in different ways, be it verbally, by letter or e-mail. All offers, no matter how low, will be passed on to you. Once you have an offer which is acceptable, the buyer's background will be checked out so as to qualify his/her ability to purchase. Once we are happy with our enquiries we will instruct the solicitors acting on both sides.
If the buyer requires a mortgage he/she should then complete the necessary paperwork so that the lender can take up references and instruct their surveyor to inspect the property. (Where the buyer is paying cash, Main & Main will need to see some proof of available funds.) Once the survey has been completed, a mortgage offer should be available to your buyer within 5 to 10 days. Providing no further reports are required.
Your solicitor having done all the necessary paperwork should now be in a position to exchange contracts on your home. Your buyer will sign their half of the contract and pay a deposit, normally 10% of the purchase price. You, the sellers, will sign your half and the solicitors then carry out an "exchange" of contracts. At this point a completion date agreeable to both parties is fixed, normally a date within 28 days. On the day of completion, the balance of monies are paid over and you move into your new home. Keys are generally handed to the selling agents when vacating and will be given to the new owners once all monies have been paid.
Main and Main / Sellers will be conducting viewings through the government guidelines these, being as follows:
Finally, no viewings will take place where the Client does not have the property on the market. In the case of a First Time Buyer, or purchaser in rented accommodation, they will have to provide Mortgage in Principle from their lender and sight of balance of deposit monies. Should you be a buy to let investor or have no related sale, Proof of Funds/Mortgage in Principle must be shown prior to viewing.
Where agents are not adhering to the Government Guidelines, they are putting both yourself and the seller at risk along with viewing staff.