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5 ways to speed up the sales process

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Selling, buying and moving home is often cited as one of the most stressful things in life; and is it any wonder when the average length of time between accepting an offer and exchanging contracts is a staggering 20 weeks?!

In this short read, Sims Williams delve in to our 40-years of professional estate agency knowledge and deliver 5 ways you can speed up the sales process and avoid potential, costly delays.

1.Budget for legal costs

It’s important to budget for the legal costs you will incur during the buying and/or selling process. These costs can include, but are not limited to, conveyancing fees, search fees, stamp duty, mortgage fees and removals costs.

An independent mortgage adviser can help you with your budget. Contact Sims Williams for details of highly-recommended independent advisers.

2.Instruct a solicitor

You will need a qualified solicitor or licensed conveyancer to progress the legal sale of your property. Get ahead of the game by instructing a solicitor to act on your behalf as soon as you decide to buy or put your property on the market.

You may already have a trusted ‘family solicitor,’ but if you’re unsure on which conveyancer to use, Sims Williams are able to recommend excellent, local conveyancing solicitors to work on your behalf.

3.Get your paperwork ready

Before being able to represent you, the estate agent selling your property and your solicitor will need you to complete anti-money laundering documents. There are also various legally-binding documents you will need to complete about the property you are selling, which are:

  • The Fixtures and Fittings form outlines what is and is not included in the sale.
  • The Property Information form covers issues such as boundaries, guarantees and warranties etc.
  • If your property is Leasehold, you will need to complete a Leasehold Information form which provides details on the lease, maintenance charges, the landlord etc.

The forms can appear quite daunting but the sooner you complete them, the sooner your solicitor can issue a contract to your potential buyer’s solicitor which gets the ball rolling.

4.Get your finances in order

If you require a mortgage, it’s a good idea to get your finances in order as early as possible. Whether you are planning to stick with your existing lender or want to search the market for the best mortgage deal, you should try and secure an “Agreement in Principle,” so that you can understand your budget.

Sims Williams can recommend trusted local Independent Financial Advisers (IFAs), who are legally obliged to provide the most suitable advice for you. They can provide “Whole of Market” mortgage advice, including some exclusive mortgage deals not available on the High Street.

They can also obtain quotes for various insurance products from the entire market and are not affiliated with any particular company.

5.Be prepared for the mortgage application process

Being prepared means thinking ahead and getting all the documentation together that you might need. To speed up the mortgage application process, here’s what information you will need to have ready:

  • Proof of Income
  • Last three months’ bank statements
  • If Self-Employed, SA302’s for the last three years
  • Most recent P60

Last three month’s bank statements

  • Two forms of ID
  • Existing Mortgage Statement (if appropriate)
  • Proof of Deposit

Mortgage applications can take between 10 days to three weeks to be issued. One of the benefits of using a local IFA is they will progress your mortgage application and chase things up on your behalf – avoiding any delays which could jeopardise your property chain.

Contact Sims Williams for any further advice or recommendations.

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We don’t normally write reviews, but on this occasion we had too. In life you get what you pay for, whilst I’m sure that there are cheaper agents out there; if you want a stress free move with knowledgeable, friendly and dedicated agents, that give excellent communication, then look no further than Sims Williams. We dealt with John, Annie and Vanessa, we sold and purchased through them. The Team in the Bognor Branch is fantastic, we couldn’t of hoped for better agents to support us through the journey which wasn’t always the easiest but they communicated to either side of the chain fantastically, keeping stress to a minimum and helped us through the bumps to complete in 11 weeks. A big thank you to you all, and in the future we wouldn’t look anywhere else. Sam and Lisa.
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Chris Hicks - Buyer - Jul 6th, 2021

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We have been very happy with the Arundel Office who helped us consistently with the numerous problems that came up with the purchase of our wonderful new home. Particular mention needs to go to Emma for her constant endeavours to sort things out, and Tamsin waiting outside the office to hand over the keys at the eleventh hour. Thank you all.
Hilary - Buyer - Mar 23rd, 2021

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They got the job done easily and without delay! From first contact to successful completion through the many typical twists and turns it was always comforting to deal with a small team who made us feel like the only people selling a home. They totally respected and worked with the personal circumstances which enforced the sale. Sims Williams did exactly what they promised at our first meeting and more than met our expectations. Their understanding of the local market ensured that the property was priced to sell, achieving optimum results less than 48 hours from going live. With grateful thanks to the team.
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I have recently used Sims Williams to sell my property in Chichester, from start to finish the staff especially Karen Toomey were very professional in both selling the property and keeping me informed during the process, Karen personally oversaw my house sale and was my go between on all aspects of the sale including dealing with solicitors and buyers a very professional lady. I have used Sims Williams on previous sales purchases and lettings over the years and they have always stood out with there professional standards and costs for carrying out these works, I can not praise them enough for what they do for you.
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Thank you all so much for you all your help and support in selling 18 Green Lane for us, you’ve all been so helpful, quick to respond, friendly and well you sold it really quickly! I have already recommended you to a number of friends and will continue to do so, my parents bought from you over 20 years ago and you have continued to be fantastic.
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