In this two-minute read, we look at what homeowners can
do to reduce the risk of their property sale falling through.
We’re about to banish a myth that many people still believe
about selling a home.
The misconception is that once you’ve accepted an offer for
your property, the hard work is done.
Unfortunately, that’s not the case.
Yes, it’s fabulous to receive an acceptable offer you’re
delighted with, but there are still lots of potential twists and turns along
the road to selling successfully.
You don’t want your sale to hit roadblocks that slow the
moving process down and raise the chances of it falling through and sending it
back to square one.
When that happens, it’s frustrating, stressful, and time-consuming.
The good news is that you can do simple things to raise your
chances of getting the sale through to the finish line in a timescale you’re
happy with.
The tips below can help speed up the process by up to two
months.
Tip 1:When looking to instruct a conveyancing
solicitor to handle your sale’s legal side, pick one who agrees to give you a
weekly update. Ask your agent for recommendations of conveyancers who
communicate consistently.
Tip 2: Before putting your home up for sale, get ‘market
ready’. It’s a great idea to fill in a Property Information Questionnaire (a
good agent will be able to provide you with one). It’s a form that asks several
questions your conveyancer needs to know. This will help them review the
information you have supplied and help you resolve any issues or replace
missing documents. Doing this before your home is under offer (or even on the
market) will significantly speed things up when a deal (subject to contracts
being exchanged) has been agreed upon.
Tip 3: Remember that the conveyancer is working on your
behalf and should be responsive to your calls for updates.
This isn’t an article bashing conveyancers – quite the
opposite. Good conveyancers work wonders with agents and for their clients.
A communicative conveyancer AND a proactive estate
agent are often the differences between a successful sale carried out in a
quick timeframe or a slow, frustrating experience that raises the risk of a
fall-through.
If you have any questions about the selling process, get in
touch with us on 01634 304326
and we’ll answer them expertly and honestly for you.
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