July 6th 2022
Seven Ways to Speed up the Property Sales Process
Did you know that the average property sale takes 22 weeks? That’s five and a half months! If you’re keen to move into your brand-new home, this is a lot of time to spend waiting.
The good news is there are some steps you can take to make the process faster.
Whether you’re buying or selling, here are our top tips for ensuring the property sales process goes smoothly.
Arrange an agreement in principle
If you’re buying, it pays to get your mortgage organised as early in the process as possible.
Arranging a ‘mortgage agreement in principle’ means you know how much money you’ll be able to borrow before agreeing to a sale. This not only reduces the time it takes to complete the sales process, but makes sellers more likely to agree to your offer.
Appoint a solicitor
Many people only appoint a solicitor when they make an offer on a house, but this can add weeks to the property sale process. Ideally, you should have a solicitor in place when you start house hunting.
A solicitor will need to make lots of checks, including anti-money laundering checks. By providing evidence in advance, you can save time and prevent any unnecessary obstructions.
Get a survey in place
While a property survey isn’t mandatory if you’re buying a property, it can help uncover any major issues and give you peace of mind.
It’s essential to get a building survey completed as soon as possible. While the survey itself only takes a few hours, you’ll need to wait up to seven days for the report.
You’ll also need to coordinate with the seller so the survey takes place at a date that’s convenient to them, which can add extra time to the sales process.
Collect all the right documents
If you’re selling, you can save valuable time by ensuring you have all the relevant documentation available before you agree to a sale.
· Property title deeds (if you bought your property after 1990, your solicitor should be able to get these documents from the land registry if you don’t have them)
· Energy performance certificate (or a Home Report if you’re in Scotland)
· Building regulations approval and planning permission for any work you’ve had completed
· Electrical certificates (for example, an EICR or EIC)
· Gas Safety Certificate and/or Boiler Service Records
Your solicitor will also ask you to complete various forms, including the Property Information Form and Fittings and Contents Form. Completing this information in advance can make the house-selling process easier and swifter.
Avoid a property chain
When you’re in a property chain, you’re reliant on the other people in the chain being able to exchange contracts in time. Any issues can have a knock-on effect.
If you’re selling a property, you can save time by choosing a chain-free buyer, for example someone who is a first-time buyer or has already sold their home.
Don’t be afraid to chase up
Many people worry that they’re being pushy if they chase up their solicitor or estate agent daily. However, when you’re buying or selling a home, it’s to be expected.
It’s okay to ask for a progress report to see how things are going and if there’s anything you need to be getting on with.
Of course, if you haven’t got the time to phone or email every day, our free sales completion platform does all this for you so you can sit back and relax…
If you’re looking for a simple way to reduce the amount of time it takes to buy or sell your home, BreezeMove can help streamline the sales process.
With our innovative online system, you can start the conveyancing process in less than 24 hours, giving you a massive head start. You can see how the sales process is progressing at a glance, and automatic updates mean you don’t have to spend time chasing up estate agents.
In fact, house sales using BreezeMove complete in an average of eleven weeks – 50% less time than the UK average!
Contact us today for your free demo and see how BreezeMove can help you move into the home of your dreams sooner than you might think.
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How to choose a solicitor when buying or selling your property
When you're buying or selling a home, it's essential to have a good solicitor in place.
June 24th 2022
What happens when a property sale falls through?
You saw the home of your dreams online or in the estate agent's window and fell in love. Then suddenly, just before you were about to exchange contracts… you're told the seller wants to pull out of the deal.