Sellers Guide

To help make the process clearer and easier to understand we have put
together this little guide to help you visualize the whole process.

Contact an Agent!

Email: sales@aycliffehomes.co.uk

Decide Why you’re selling?
There are many reasons why you may chose to sell your home, looking for more space? Downsizing? Relocating? Personal Reasons? Whatever your reasons speak to us to see how we can help you!
Are your finances in order?
This is one that a lot of people don’t look into, but it’s very important to do so. First of all you will need to find out how much equity you have in your current home and make sure you can afford to sell. Some mortgage lenders may charge an early repayment charge on your mortgage and therefore this should be considered.

If you are buying a new home then you might want to consider the size of the mortgage you require and how much deposit you have. Always speak to a qualified mortgage adviser who can talk you through your finances and help to understand what you can afford.

Don’t rely on an online calculator as this assumes a huge amount of information. A lot of people we talk to can either afford a lot more than these calculators suggest or a lot less. Contact us today to speak to our mortgage adviser.

How Much Is My Home Worth?
Decide on what price you need to achieve to be able to move / sell your home. This is an important aspect and our dedicated valuer will be able to give you an accurate figure when you’re thinking about selling. It’s important to get the best price for your home without pricing yourself out of the market by being too high.
How do I prepare my Home For Selling?
When we come out to see you, it would be helpful if we could take photos while we are there, this speeds up the whole process. It’s important to have your home clean and tidy. Try your hardest to declutter but make sure it’s still homely! Leave photos and decorations up as its important the new buyers see it as a family home that they want to live in!
Instructing a solicitor/conveyancer, who should I use?
It’s important to use a solicitor/conveyancer who will actually speak to an estate agent, so we can follow your sale up and help with any issues that will arise. We always recommend using our in-house solicitor / conveyancing team to get the sale through, however you’re more than welcome to use anyone that you see fit.
I’ve got an offer on my house I’m happy with, now what?
Great news, you’ve got an offer you’re happy with on your home, at this point your estate agent will inform all solicitors involved in the process. Once an offer has been accepted, the draft contracts will be drawn up by the conveyancers and you will need to decide a number of factors, including the length of time between exchange and completion, what fixtures and fittings will be included in the sale.
Contracts have exchanged, what does that mean ?
Its at this point, everything becomes legally binding. If either party pulls out at this stage they will be liable to be sued, so make sure you’re 100% sure before you agree to exchange contracts! Including the completion date.
It’s moving day, what happens now?
The conveyancer or solicitor will register the transfer of ownership with the Land registry and any property deeds, along with the money are transferred between both legal parties. You can move out before the completion date should you choose to do so, however, if you are in a chain and moving into another property that will be occupied until completion then you will need somewhere else to go. The estate agent will contact your buyer once things have completed to let them know where to collect the keys from. This can be from our office, or direct with yourselves. Whichever you prefer.