General   |   September 9, 2021   |   Helen

Advice for those looking to complete before Christmas

Share  

Here we have some fresh tips for buyers and sellers looking to complete on a property transaction before Christmas.

Propertymark’s research shows that 13-16 weeks is the current average time taken from offer to exchange. Historically it has been 6-8 weeks but due to the high demand that the property market has seen along with conveyancers, mortgage brokers and moving companies being overwhelmed, this has changed.

A lot of people that are new to the market may not realise the change and will need to plan ahead, so here are some top tips;

Ensure your property is sale ready

Ask your agent and even friends and family to give you honest advice on anything that might need changing to make your house even more sellable. It could be as simple as a fresh lick of paint or adding flowers and a diffuser to make it even more appealing for your potential buyers. Once you’ve lived in a house for a long time you may not notice what others will and a fresh pair of eyes could spot something. For garden advice look at our tips here – https://pettyresidential.co.uk/garden-tips-to-add-86k-to-the-value-of-your-home/

Money, Money, Money

The current market is a strong sellers’ market which means you are most likely to secure a great price for your house. Real Financial Advice www.realfa.co.uk have detailed industry knowledge and access to a wide network of lenders so they can work with you to understand your requirements to find the right mortgage for you. Propertymark’s data shows that 31% of houses sold for over the asking price in July 2021. To help you make an onward move, interest rates are historically low and can be fixed long-term meaning it’s now cheaper to move than it has been for a long time.

Paperwork at the ready

To speed up the process, it’s never too early to get all paperwork ready for the solicitors. Our trusted solicitors Real Legal www.reallegal.co.uk will send you a Client Care Pack to complete therefore ensure you have all of your documents at hand. Dig out certificates for any work you’ve had done so you can easily hand them over when the time comes. Solicitors will also need to see ID so make sure everything is up to date.

Check the logistics

It may seem like there’s lots of time to think about removals and storage, but there’s no harm in calling ahead. Every aspect of the market has seen unprecedented demand and you don’t want to agree to a sale and find out there’s no help out there. Calling van hire, removals, or storage companies to gauge their customer load and availability might save stress later on. Real Home Improvements https://realhomeimprovements.com/ can assist you with your removal, storage or home improvement requirements. 

Contact 01282 415 111 and speak to our team for more information

 


Articles and materials from the Petty Real website and newsletter are provided for informational purposes. Petty Real are not responsible for the accuracy, legality or content of any external sources referenced on this website. The information provided is for general information purposes only and you should not reply upon the material or information as a basis for making any business, financial or legal decisions.

  Back to news

You may also be interested in...

Congratulations Lawrence!

General | 1 week ago

Congratulations Lawrence!

Read more
Housing secretary unveils £8.6bn funding package to boost home ownership

General | 1 week ago

Housing secretary unveils £8.6bn funding package to boost home ownership

Read more
Meet our Pendle Area Manager

General | 1 week ago

Meet our Pendle Area Manager

Read more