Selling a Property:

Selling a Property

Your guide to selling a property through Lewes Estates, in Lewes, East Sussex

Selling your home can be a stressful experience. But at Lewes Estates we aim to take the strain out of property selling. Our team is highly experienced in selling property and has an in depth understanding of the Lewes property market.

We will design a marketing campaign that is right for you and your property. Our standards are high. So what can you expect?

Quality viewings by motivated buyers. There’s nothing worse than being sent a series of unsuitable viewers for your property. At Lewes Estates, we spend time listening to the needs of potential buyers and we take care to show them property for sale which suits their needs.

Attention to good service. We strongly believe in the merits of traditional values and high quality service for our clients. We aim to accompany all viewings, and delivering feedback on property viewings is a main priority.

Best use of the latest technology. Far from being a luxury addition, we believe that investing in new technology is essential in order to offer a quality estate agency service to clients in the 21st century. The property market moves quickly, and our ability to contact potential buyers by email or SMS means that all new instructions and price amendments can be circulated instantly. When it comes to property marketing materials, we are able to produce high quality digital photos and colour brochures with the option of floor plans and virtual tours. All this, together with 24 hour internet marketing, means that we can help to speed up the selling process - and take away some of the stress of selling your property.

Get started with selling your Lewes property and request a no-obligation valuation.

If you would like Lewes Estates to conduct a free valuation of your property, please contact us directly or follow the link below and we will contact you as soon as possible.

Register for a 'free market appraisal'

The Selling Process

At Lewes Estates we try to make the process of selling your property as straightforward as possible. As experienced Estate Agents, we are only too aware of the importance of supporting clients throughout the whole property selling process.

Detailed below are the main steps involved in selling a property:

As soon as your property’s title deeds or full Home Information Pack have been made available to your Lawyer a contract will be prepared for the Solicitor acting for your buyer.
Next you will be asked to complete various forms including a fixtures and fittings form.
It is not unusual for the buyer's solicitor to make some additional enquiries about the property which will be discussed with you.
Having obtained replies to their enquiries and where needed, a mortgage offer; the buyer should be ready to exchange contracts.
On exchange of contracts the seller becomes legally obliged to sell, the buyer legally obliged to buy. At this stage a date is agreed for completion of the transaction.
On the day of completion you have to give vacant possession of the property unless you are selling subject to a tenancy.
On the day of completion your solicitor will organise the repayment of any outstanding mortgage(s) on your property and send the balance of the sale proceeds by cheque or a same day bank transfer to your account.

Glossary

Contract

This is a formal document setting out the names and addresses of the Seller and the Buyer, a description of the property which is the subject of the transaction, the price, the completion date (not completed until exchange of contracts: see below) and other technical terms.

Local Authority Search

This is a search made at the Local Authority in which the property is situated - usually the District or Borough Council, London Borough or Metropolitan Council. The result will of the search will give information about the development plans for the area (in general terms), the roads abutting the property and planning history.

Legal Title

Is the basis upon which the ownership of the property is established. In England and Wales the majority of properties now have a legal title registered with Her Majesty's land Registry. Some properties still have an unregistered title.

Exchange of Contracts

This is the moment when a buyer becomes obliged to buy the property and the seller becomes obliged to sell: at a specified price on a specified day.

It is the most vital time in the conveyancing process because up to this point either party may withdraw from the transaction without any legal obligation to the other party.

Completion

The day you give or take possession of the property.

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