SunnyBay Home - SunnyBay Lettings

Step 1:

ACCURATE VALUATION

Your aim should be to sell your property at the best possible price in the shortest possible time. Our experts in valuation carry out thousands of valuations every month, giving us intimate and unparalleled knowledge of property values in your area.


request a FREE valuation		or call us on 020 8540 3335

Please provide us with useful documents and facts about your property, which we can mention to potential buyers, such as:

Gas and electrical certificate checks
Building regulations certificates
Council tax, utility, buildings and contents insurance bills - so potential buyers can estimate running costs
Service charges and ground rent bills (for flats)

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Step 2:

INSTRUCTING A SOLICITOR

The successful sale of your property can be reliant on the instruction of an efficient and experienced solicitor. It is a good idea to do some research and make a decision before you put your property on the market as this will help to avoid delays. Instruct a solicitor at the same time as you put your property on the market. Your solicitor can then apply for the title deeds at an early stage, avoiding delays when we receive an offer.

We can offer recommendations if required.

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Step 3:

PRESENTING YOUR PROPERTY

First impressions are vital to somebody who is looking to buy a new home, consider completing unfinished projects or addressing any DIY jobs you have been meaning to get done, add a fresh coat of paint where necessary and try to declutter to make rooms appear larger.

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Step 4:

MARKETING YOUR PROPERTY

To find your perfect buyer you need to give your property maximum exposure across a wide range of media. When you instruct SunnyBay to sell your property you will automatically benefit from our comprehensive marketing package, including: exposure on our website, full colour property details, email and SMS alerts and PR.

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Step 5:

ACCOMPANIED VIEWINGS

Accompanied viewings also mean we can use our expertise to help sell your property.
Our office is open 9:30am-6:30pm Monday to Friday and 10am-5pm Saturdays. There's more time to market as we cover with our opening hours, for your property we carry out 'viewings' even after work to maximise viewing opportunities – we offer individual appointment times. We are accessible and able to handle enquiries in and out of the ofﬁce.

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Step 6:

RECEIVING AN OFFER

As soon as a prospective buyer has made an offer we will let you know verbally and in writing. Sometimes there may be a process of price negotiation this can be difficult but, by working with SunnyBay, you will benefit from our expertise in the area. Any special conditions of the offer will also be stated in writing and we will check the buyer's ability to proceed before you decide whether to accept the offer. The offer will be subject to contract being signed and there are no legal obligations on either side until this is done.

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Step 7:

CONVEYANCING - TRANSFERRING OWNERSHIP

Once the offer is accepted the seller is responsible for drawing up a legal contract to transfer ownership.

The contract contains details about:

the sale price
the property boundaries
which fixtures and fittings (like carpets and kitchen units) are included
any legal restrictions or rights, like public footpaths or rules about using the property
any planning restrictions
services to the property, like drainage and gas
when the sale will complete

If the seller has hired a solicitor or conveyancer, they will:

draft the initial contract
answer questions from the buyer’s solicitor or conveyancer (with the seller’s help)
negotiate the details of the contract if necessary

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Step 8:

OFFER AGREED

Once an offer has been accepted you will need to decide whether you wish to keep the property on the market until exchange of contracts. We will then contact your solicitor, the buyer and the buyers solicitor and confirm the details of the sale.

Offers are not legally binding until contracts have been exchanged. From now until exchange, you will need to be in close communication with your solicitor. We will also send you a guide to conveyancing to help you through this process.

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Step 9:

EXCHANGE OF CONTRACTS

Exchange of contracts occurs when the following have been confirmed and agreed:

Preliminary enquiries following receipt of draft contract
Evidence of a good title
Specific issues highlighted in the Lease, if applicable
Local search queries
Fixtures and fittings to be included in the sale
The buyer's mortgage offer

When the buyer and seller are happy with the contract, both sides sign final copies and send them to each other.

The agreement to sell and buy is legally binding once this happens. Usually neither party can pull out without paying compensation.

Once the contract has been signed by both parties the deposit (usually 10% of the purchase price) will be telegraphically transferred or paid in the form of a banker's draft by the buyer's solicitor to your solicitor. The completion date is then set by mutual agreement.

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Step 10:

COMPLETION

Completion is when the residual monies (usually 90%) are transferred from the buyer's solicitor to your solicitor's account.

Your solicitor will call you when the money has cleared in your account and will inform us to release the keys.

Congratulations, your property is now sold!

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