FAQ's
How do I sell my property with Set To Let?
Set To Let Estate Agents process the sale of a property in a transparent and stress-free way for both buyer and seller. With over two decades of experience in the industry, we have been able to identify the common problems faced by sellers, allowing us to streamline the process into a smooth, hassle-free experience.
Here is how you can sell your property with Set To Let:
The aim of any property sale should be to sell the property for the best possible price in the shortest amount of time. Our specialists will advise you on how to enhance the revenue of your property and guide you on how to potentially increase the asking price.
First impressions matter! Therefore, we will take professional photographs to capture the essence and beauty of your property, ensuring that first impression has a lasting impact. This will be listed online alongside colour floor plans, video tours, and an articulate description.
When the listing of your property captures the buyers’ attention, we will accompany the interested party on a guided tour of your property. We will use our experience to maximise the viewing opportunities and help the property to sell to its highest potential.
The moment that your property receives an offer, our team will contact you to pass along every detail to allow you to make an informed decision on whether you would like to accept the offer. These offers will also be available to view in your online portal and emails along with written correspondence.
After you have accepted an offer, we will confirm the agreed price with all parties, with a sales memorandum being sent. Throughout the process we will engage regular contact to ensure a smooth change of ownership.
This is when property ownership has completed and sales monies are sent to your solicitor to forward onto you. After the money is cleared, it's time to celebrate, as your property has now been successfully sold with Set To Let Estate Agents.
What fees are involved?
Here at Set To Let, we started as property owners first and foremost, so we appreciate how complicated the fees involved in selling your property can seem. Therefore, we aim to be as clear as possible, breaking the fees down into these easily digestible segments.
Costs involved when selling your property consist of:
- Energy Performance Certificate
It is a legal requirement to have an EPC before marketing your property. We can arrange this on your behalf at a cost of £95.00 + VAT.
- Legals/Conveyancing
This can vary depending on the solicitor you decide to use. We can recommend solicitors that we have had excellent experiences with in the past.
- Estate Agents Commission
Our fees are paid upon completion of selling your property. Usually, your solicitor will hold our fees and transfer to us once the sale transaction has completed.
No, the buyer will be obligated to pay Stamp Duty, not the seller.
If you are selling your main residence, you will not need to pay tax on any increase in value of the property.
However, if you are selling a property that is not your main residence, it is likely you will need to pay Capital Gains Tax on any increase in value of the property.
Compliance
Legislation is constantly changing, so it is important to always keep up to date with the current legal requirements for selling your property. Here at Set To Let, we can ensure your compliance with the legislation at all times, including assisting you with the following topics.
The main documents that you need when selling your property are: proof of home ownership, personal ID, and proof of address. It would also be wise to gather together recent gas safety and boiler service documents.
Title deeds will be required by your solicitor at the conveyancing stage. They will be held by your bank or building society if you have a mortgage and your solicitor will obtain the deeds and provide a copy to the buyer's solicitor.
You will also require an EICR (Electrical Installation Condition Report) ready to pass onto your solicitor at the conveyancing stage. This is a report carried out to assess the safety of the existing electrical installation within a property and is used to describe its condition. The team here at Set To Let can help organise this if necessary.
It is a legal requirement to have a valid EPC (Energy Performance Certificate) before a property can be advertised for sale.
We can organize an EPC for your property using our reliable, trustworthy, and certified affiliate tradesmen.
Looking after the sale
Once the sale has completed, you might be thinking ‘what next?’ However, Set To Let will be with you every step of the way, from the viewings, to the sale itself, and even after the process of moving out.
Being present for viewings is not a necessary requirement of the buyer. All viewings throughout the day, evenings, and weekends are accompanied by an experienced sales negotiator from Set To Let.
You will be continually informed of our progress by our exemplary team members throughout the entire process. From the moment we receive your instruction, we will liaise with you regularly and provide honest feedback from viewings. You will also have your own login area on our website where you can access up-to-date information regarding your property.
We will continue the communication after a sale is agreed by contacting both parties’ solicitors to ensure the process is advancing.
You will only be required to vacate the property on the date of completion. This date will be mutually agreed by yourself and the buyer.
Still have a question? Get in touch with us today.
If you still have any questions regarding the process of selling your property with Set To Let, or require more information on what you can expect, don’t hesitate to get in touch with us today. Our friendly and approachable team is always available to assist you.
