As we move into the last few days of the stamp duty holiday the exchanges and completions are coming in thick and fast. Agents as well as solicitors are focusing all their efforts in getting relevant sales over the line.
If your sale has only recently been agreed there is plenty you are able to do in relation to protocol/property information forms, any relevant planning permission documents etc. If you gather all information about your property together, ready for your solicitor to start work, the sales process is likely to be much quicker and smoother.
If you are selling a property and are under offer but the stamp duty deadline isn’t relevant to you/your buyer, hold off on chasing your solicitor until towards the end of the week.
With agents focusing on agreed sales this week we have noticed that viewings have been quieter in general but those buyers viewing are specific in their requirements and ready to offer on the right property.
We have seen multiple bids on properties in both the lower and higher price ranges. If you are looking to buy a property and you find the perfect home, don’t be afraid to put your best offer forward. Vendors will appreciate a strong first offer over a buyer who tries to negotiate too hard. If you are selling a property, get advice from local agents and price your property fairly. You are likely to achieve a better price from buyers if they can see the justification in your asking price against other properties, both for sale and those that have sold.
Here’s the tips from the top: Kirsty’s note in the Daily Express. Equally applicable for the September taper.
"Ms Burnham says the type of property you are purchasing is important: “If you are purchasing a freehold property it would be possible to exchange and complete before the end of June if there are no complications in regards to paperwork/title.
“For a straightforward transaction where a vendors' solicitor has all the contract paperwork ready (including the searches) it can be as quick as an 'attended exchange' which can happen in the space of a day, with completion a few days later."
Movewise released two guides recently:
The guides give detailed information on how developers can get the best possible marketing solution for their new development in one place. Using local agents as well as digital and other marketing methods.
Come on the conveyancers, let's get those deals over the line and then you deserve a well earned break! 🏝
Have a great weekend (if you aren't a conveyancer working over it).
The Movewise Team