Guide to Selling Property in UK

There is no shortage of buyers for property in the UK - with an avid home-grown and international audience. Finding the right estate agent with the local knowledge, professionalism and brand reach to market your home successfully is crucial.

Selling your property in the UK - the legal obligation

Selling property in the UK is a legal process best co-ordinated by estate agency professionals. The transfer of ownership needs to be handled by a conveyancing solicitor, who will work in tandem with your estate agent. Your solicitor will only instruct the estate agent to release keys to the buyer when all the financial funds have cleared for payment to you, the seller.

Why use Winkworth International to sell your property?

Your property needs to be marketed to the biggest audience in order to find the best buyer. Winkworth is a well-respected estate agency with 175 years of experience, a UK-wide network of offices and a strong international presence, allowing us to market your home on a global basis. We strongly believe that the best buyer is not just one who is willing to pay the highest price but also a buyer who is in the strongest position to proceed, without complication. Winkworth also works with trusted mortgage advisors to ensure all buyers using our service are qualified as financially sound, for your peace of mind.

How a UK property is sold

It is advisable to leave the sale of your biggest asset to a respected estate agent who provides a personal service. Once you have decided to sell your property, Winkworth will organise a valuation and the resulting price will reflect current demand, location, condition of the property and the timescale in which the seller needs to complete. Once a selling price is agreed, the property will be photographed and an EPC (Energy Performance Certificate) conducted. By law, each property sold in the UK needs its energy efficiency evaluated and a EPC certificate produced for potential buyers to view. A good estate agent like Winkworth International will also create brochures and floor plans ready for the marketing phase.

Your property will be promoted across a variety of media - as part of our eye catching window displays, online, in print and sent out to our waiting list of buyers looking for a property like yours. In the UK almost every property search starts online, so we ensure all our properties are listed on our own website and with the leading property search portal, Rightmove.

Viewings start as soon as you sign an instruction contract with us. Viewings can be accompanied if necessary, and we will expertly handle offers and qualify buyers to ensure the best price and purchaser is found. The strength of a good estate agent is critical once an offer is accepted, steering the purchase through to exchange and completion. At Winkworth International we keep in close contact with mortgage lenders, solicitors and other estate agents in the chain to ensure moving day is reached with the minimum of fuss.

The cost of selling a property in the UK

Estate agents charge the seller for their services, usually on a no sale, no fee basis. The fee will be a percentage of the final sale price, and is paid upon completion. Sellers should also factor in legal fees and the cost of completing any maintenance/cosmetic work prior to marketing.

Tips for selling your property in the UK

Winkworth has sold tens of thousands of properties across the UK during its 175 year history, and we have finely honed our advice for sellers. Here are some of our top tips:

Stage your property for photographs - a tidy well presented property will make the best impression when photographed. Make sure the inside is clutter free and clean, and the outside well maintained.

Complete outstanding maintenance - DIY jobs and repairs should be completed before the property is put up for sale. We can recommend local trusted tradesmen and schedule works on your behalf.

Leave a set of keys with the estate agent - if you live away from your UK property you’ll want to ensure your estate agent can access the residence to conduct viewings, measure up, take photographs and let in the energy assessor.

Be available - we are happy to communicate via telephone, email and even Skype. To ensure your sale proceeds swiftly, leave as many contact details with us as possible.

For further information on selling a property in the uk, please contact us to arrange a consultation

 

 


 This information is for guidance purposes only and is subject to change. Winkworth recommend that prospective buyers or sellers of foreign property  obtain professional legal advice.


 

Interested in selling or letting with us?

Contact Winkworth International Admin or call us at +44 (0)20 7240 3322