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Selling Guide

Whatever your reason for selling upsizing, downsizing, relocating for work...Arington are here to help. We are an independent estate agent with a keen eye for detail, drive for an outstanding professional and personal service from start to finish with a carefully considered global marketing campaign to maximise the exposure of your property in order to achieve the best price. Request a free valuation.

Valuation

your property sale starts here with a FREE valuation from Arington. Arington are pleased to offer a free no obligation valuation of your property where we will provide you with an up to date valuation of your property along with full details of the service we offer, from marketing your property and achieving a sale through to successfully completing your move. Request a free valuation.

Choosing your agent

Arington have an excellent local knowledge and provide fair contracts, competent advice and an accurate valuation.

Preparing your property

clear out the old, de clutter and do those little DIY jobs you have been putting off. First impressions count so make the approach and entrance inviting. Imagine you are the buyer and take a walk around your property (start outside on the pavement). Is there anything that may put you off, if so address it. Simply...freshen up paint, clean and tidy up outside.

Marketing

Along with our active database of buyers, your property will be marketed to the widest possible audience, through websites such as Rightmove, Zoopla, plus many more all to a high standard with professional photography, floor plans and professionally printed property particulars. Arington will make sure your property stands out from the crowd.

Viewings

Viewings are key to your property selling. Trained in the art of selling Arington will attend every viewing, unless requested otherwise. Our advice to sellers is to be as flexible with viewings as you can be.

Receiving offers

Arington are legally obligated to pass on every offer we receive, no matter the value. When you receive an offer use Aringtons’ local knowledge, is there plentiful demand, are there multiple buyers about to make offers. Obtain as much information as possible and then make your decision.

Offer accepted

Congratulations, you have accepted an offer and are on your way to successfully completing your property sale.

Surveys

A mortgage valuation survey (the most basic survey) will be required if the buyer is obtaining a mortgage which the mortgage company will normally insist is carried out by one of their approved surveyors. The buyer may upgrade their mortgage valuation survey to a home buyer’s or a full structural survey, or alternatively instruct their own independent surveyor.

A mortgage valuation survey will simply provide a valuation of the property and insurance re build costs for the mortgage company. A home buyer’s survey will additionally offer guidance to legal advisors, highlight any urgent defects and offer advice on defects that may affect property value and ongoing maintenance. A full structural survey (the most comprehensive) performs an in depth analysis of the property condition and includes advice on defects, repairs and maintenance options.

Mortgage Offer

Once the mortgage valuation survey has been completed and reported back to the mortgage company, the mortgage company will issue a mortgage offer. A copy will be sent to the buyer’s solicitor. The mortgage offer to the solicitor is giving the solicitor authority to proceed with the purchase as they will be lending the specified sums, on the basis of the solicitor meeting certain requirements.

Conveyancing

Whilst the survey and mortgage offer are being processed the solicitors will be working behind the scenes requesting searches and providing information to each other. Once the solicitors have satisfied themselves they have all the answers to their questions they will report to their clients.

Negotiate draft contacts

This is the point that all the negotiations are settled, final purchase price, fixtures and fittings included in the sale and the length of time between exchange and completion and any other pertinent points agreed between the parties.

Exchange of contracts

Once the mortgage offer has been received and both solicitors have confirmed they are ready to proceed, the buyer will be requested to pay their deposit (normally a minimum of 10%), provide signed contracts along with your authority to exchange with a preferred completion date. Once a completion date has been agreed through the chain, exchange of contracts takes place.

Completion date

Upon the completion date we ask you to provide all keys for the property to us at our offices by midday. The solicitors will transfer the completion funds through the chain, and once complete will provide authority to us to release keys to the buyer.

The property is officially SOLD...time to enjoy a takeaway and a nice glass of wine...

At every stage Arington will be by your side, overseeing progression and here to help when you need us...at any point.

For frequently asked questions about the selling process, please see below:

Selling Guide FAQs

Question: How much is my property worth?

Answer: Request a free valuation.

Question: When is the best time to market my property for sale?

Answer: Traditionally the best time to market a property is in the Spring Market, and this remains the busiest time of the year. The Autumn market is also buoyant and can be a good time to sell. The sales market is however affected by many factors, for example Brexit. In the main, the right time to sell will be determined by your circumstances...i.e. the property you would like to buy is on the market, a change of job and location, etc

Question: What is an EPC?

Answer: EPC stands for Energy Performance Certificate and is a report into the energy efficiency of a property, similar to the A to G ratings you find on washing machines or fridges, etc. A being the most energy efficient. An EPC assessor will visit your property and look at its energy performance, looking at whether the property has single, double or even triple glazing, cavity wall insulation, an energy efficient boiler or an old energy thirsty boiler, energy efficient light bulbs, solar power, etc. Based on the findings your property will then be awarded with a rating, the higher the better.

Question: Why do I need an EPC?

Answer: It is a legal requirement when marketing a property for sale or rental that the property must have a valid EPC.

Question: Should I sell or buy first?

Answer: This is a question played out by almost every seller. Do you market your property for sale before you start looking for your next home or do you find your next home and then put yours on the market? There are positives and negatives to both methods and the decision will ultimately depend on the most comfortable option for you. Request a free valuation

Question: Should I speak to a financial advisor as well as my bank?

Answer: Yes, the bank will only be able to offer a limited number of products, where a financial advisor will have many more products to offer, hopefully saving you money. View our financial advice page and contact our financial advisor

Question: How long will the sales process take?

Answer: There are many factors that affect the length of time of a sale, including but not limited to: if the property is Freehold or Leasehold, whether a mortgage is required, how many properties there are in the chain, etc.

On average, for the simplest transaction; from the point of offer accepted, for a single property sale you can expect the process to take between 2 – 3 months. Should there be a number of properties in the chain it can take much longer, as they may not have all had their offers accepted at the same time, meaning although you may have completed the process and be ready to exchange, the property above you may only just be starting their process. Where properties are Leasehold the time can also be extended as packs and information has to be requested from the Freeholder.

Question: How much do you charge?

Answer: Arington offer competitive fees with fair contracts. We will be happy to discuss the costs upon a free valuation. Request a free valuation