Ready, get sale…go!
All property teams across our three offices at Curwens have long offered a “sale ready” facility to all our clients. This has helped many clients to shave weeks off the standard property transaction time frame, which according to the guidelines is anticipated to be between 6-12 weeks. This is just one of the reasons why Curwens property dream team are recommended time and time again by our existing clients, estate agents, financial advisors and the corporate property businesses we work with.
Life after lockdown
Preparations for coming out of lockdown appear to be well underway, not only with the Government proposals to ease into a new ‘normal’, but also high street retailers, and many estate agents.
Estate agent ready
With agents well-rested and ready to take action and steps to sell, sell, sell, now is as good as time as any for you to take the necessary steps to ensure that you and your home are “sale ready”.
Whether you have made the decision to test the water and the market after #lockdown, or you are a seller committed to selling (you may have already found a new property), now is the best time to prepare for that next crucial step in your property journey.
With the UK preparing to get back in to the race, it is anticipated that working hours are set to be even longer than before, whilst businesses sectors try and recoup lost time and revenue that COVID-19 has brought across all industries.
Onboarding
To fully complete the process of becoming a new client, several steps need to be taken, including the most time consuming; which is the completion of the client protocol forms. These are an essential and integral part of the process and ensuring that we as your legal advisors have the necessary and detailed information to be able to act in your best interests and exceed your expectations in the transaction.
The protocol forms range from 24 – 42 pages (depending on whether the property being sold is freehold or leasehold), and it is paramount that clients take the time to read, review, answer the questions fully, returning them to us as soon as possible in order to enable us to review and ensure that all points have been adequately responded too.
In a buoyant seller’s market, buyers who are left sitting around waiting for documents to be returned by the seller can result in an increase in agents arranging potential other interested parties viewing the property, higher or other offers being received.
In a Buyer’s market this can spell disaster for the speed of a potential transaction that was due to progress as it gives Buyers time to look at other listings, and possibly find an alternative property to invest time and money, being Sale Ready really should be a general requirement once we are out of lockdown to ensure that all parties are motivated towards progressing with speed.
Sale ready
Being sale ready means that once you have accepted an offer on your property, you are ready to issue a full legal contract pack to the buyer and the buyers lawyers without any unnecessary delays, which in turn means you are ready to progress full steam ahead and show a willingness and ability to work towards a quick and speedy exchange date securing your sale!
Our job
Whilst preparing the protocol forms is an integral part requiring a client’s input, our property team then take the time to review all the documents provided in detail, ensuring that we have obtained replies to all the questions relevant and necessary to the transaction.
Again, this step in the process enables any buyer and the buyer's lawyers to review the documents without delay together with any anticipated replies provided by us. In some cases, from the point in time when the documents are issued, all the buyer is required to do to progress to exchange is secure a mortgage offer and received search results, as the rest of the documents will already have been prepared, checked and will be acceptable to most buyers, hence no delays in the progress of the sale.
Finding the time
During the rush of everyday life, juggling work, personal matters, and family life, having the time needed to sit and complete the protocol forms is hard enough, but with the UK set to race back to it, will anyone really have the time to complete the required documents?
We understand that people have the time now, due to measures in place due to COVID-19 to complete forms and process information which is required by us to enable a sale to take place, therefore if you are looking to sell then why not make contact with one of our dedicated property lawyers to assist you. To help ease the burden of the administrative side of a property transaction, subject to terms and conditions we are offering a no exchange no legal fee facility for the next 4 weeks to sellers who are as motivated as we are to be prepared for lockdown to end and sell their property.
Are you ready?....if so, let’s get ready, a sale and go!
Contact our Residential Property Solicitors by calling 0808 164 9951, or fill out our online enquiry form.
