Estate agents and conveyancing solicitors in Edinburgh

FAQ

• How is the asking price for my property determined?

  Determining the asking price for your property involves a detailed evaluation by our professional estate agents, ensuring that you receive the best price possible when selling your home. Our agents consider several factors, including the current market conditions in Edinburgh and throughout Scotland, recent sales of comparable properties (often referred to as "comps"), and the unique characteristics and condition of your house. We also stay updated with the latest market trends and data to provide the most accurate and competitive pricing advice. Our goal is to set a price that attracts buyers while ensuring that you are pleased with the deal. By trusting us with the sale of your home, you can expect a stress-free process managed by experts committed to acting in your best interests.

• How long does the conveyancing process take from start to finish?

  The duration of the conveyancing process can vary depending on several factors, but typically it ranges from several weeks to a few months. In Scotland, the average conveyancing for a straightforward property purchase or sale might complete in about four to eight weeks. However, this timeline can be influenced by various aspects such as the complexity of the property's legal title, the speed at which other parties in the chain are able to act, and specific issues that may arise requiring additional checks or negotiation.

  Our solicitors and conveyancing professionals are dedicated to ensuring that the process is as efficient and stress-free as possible. We keep you fully informed of the progress and work hard to address any concerns promptly. Whether you are buying or selling, our team uses their expertise to handle all dealings responsibly and ensure that every aspect of your property transaction moves forward smoothly.

• What happens to my existing mortgage when I sell my property?

  When you sell your property, the existing mortgage must be paid off as part of the transaction. This typically involves using the proceeds from the sale to clear the mortgage balance on the date of completion. Our estate agents and solicitors will coordinate with your mortgage lender to obtain a precise redemption figure, ensuring that everything is accurately accounted for.

  If you are considering purchasing another property, it's important to discuss your mortgage options early in the process. You might choose to transfer (port) your existing mortgage to a new property, or it might suit you to find a new mortgage deal.

• Can I sell my property without an estate agent?

  Yes, it is possible to sell your property without an estate agent, but there are significant advantages to using professional services. Selling homes involves a complex process that includes market analysis, property valuation, marketing, negotiation with potential buyers, and handling the legal aspects of the sale. An estate agent brings expertise and resources that can help ensure you secure the best price for your property and that the sale progresses smoothly and efficiently.

• What steps should I take if my property isn't selling?

  If your property is not selling as quickly as expected, it's important to review and adjust your strategy with the help of your estate agent. Here are some steps you can take to increase the chances of a sale:

  1. Look at the asking price: Often, a property that isn't selling may be priced too high for the current market. Speak with your agent to compare recent sales of similar properties in your area and consider adjusting the price accordingly.
  2. Improve property appeal: Enhancing the appearance of your property can make a significant difference. Consider making minor repairs, decluttering, and staging the home to make it more appealing during viewings.
  3. Increase marketing activity: Discuss with your agent the possibility of expanding the marketing activity. This could include more online advertising, additional open house events, or creating high-quality virtual tours that can attract more potential buyers.
  4. Gather feedback: Ask your estate agent for feedback from viewings. Understanding any concerns or deterrents that buyers might have can provide valuable insights into what changes might be necessary.
  5. Explore new selling points: Highlight unique features of the property or the community that might be appealing, such as proximity to schools, transport links, or new amenities which could increase property values.

  Your agent will act responsibly, using their expertise to advise you on the best steps to take. They will keep you fully informed about the progress and discuss any adjustments to the strategy, ensuring that your concerns are addressed, and that the sales process moves forward effectively.