Looking to sell property in North West London? Take a look at our FAQs below answering the most frequently asked questions by sellers. If you need any further information, please get in touch with our friendly team today on 020 8459 2530.
This will be based on a number of factors, such as the condition of the building, the current market, and the surrounding area. We’ll also talk you through our services, and how we can help with selling your home.
When you sell your property, you’ll need to factor in the estate agent fees (which we’ll cover during your valuation). There are a few other costs to consider too. For example, you’ll need to provide prospective buyers with an Energy Performance Certificate, and you’ll also need a solicitor to help with the legal transfer of your property.
Regal Estates take pride in offering a comprehensive marketing approach, which typically delivers excellent results. Your property will appear on our website and on the major property portals, such as Rightmove, Zoopla and OnTheMarket. We’ll also advertise your home on Facebook, and feature it in our offices too.
When you choose to work with Regal Estates, you’ll be assigned one of our experienced estate agents, who will handle all your viewings. If you wish, you can choose to be present when buyers visit your property, and we’ll also make sure that the viewings take place at a time that suits you.
We believe communication is important, so we will keep you informed of any developments or feedback throughout the viewing process.
It’s a legal requirement to purchase an EPC for your property before you put it on the market. Likewise, Regal Estates are legally obliged to display the EPC rating on all marketing material associated with your home. The good news is that EPCs aren’t expensive. You can expect to pay somewhere between £60 and £120.
This is dependant on many different factors. We focus on valuing your property at a realistic price, which means that it’s far less likely to sit on the market for several months. Typically, offers start coming in within the first four weeks. After this, the exchanging of contracts usually takes another month to six weeks, then the completion happens a few weeks after this. As a rough idea, expect the sale process to take around 12 to 14 weeks in total.
Selling a house is a legal process, and as such, you’ll need to have a solicitor to handle the legalities on your behalf. Regal Estates work alongside some highly reputable conveyancers, and can put you in contact with them, if required.
The exchanging of contracts happens when all queries have been satisfactorily answered, and all parties are happy to proceed. At this point, the completion date is decided, and the contracts are signed. The buyer also pays their deposit, and the sale is officially legally binding.
The sale completion is the moving day! All monies are paid to your solicitor, who handles the deduction of fees, the redemption of any outstanding mortgage payments, and so forth. They’ll also transfer the balance of the sale to your account. At this stage, you will move out of your property and pass the keys to us, so we can give them to the buyer.
You don’t have to pay Capital Gains Tax if the property is your main home. However, if it’s a different arrangement, you may need to pay tax. Ask Regal Estates for more details.
Only buyers pay Stamp Duty – so you won’t need to pay it as part of the sale of your property.