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Why sell with us? - click the link to find out 

Once we are instructed to Sell/Rent your property, we will give your property the maximum exposure through London's leading property portals; Findaproperty.com, primelocation.com and Globrix.com in additon to space on our website. Furthermore we will also tailor design and print glossy brochures for your property, advertise in our shop window and notify all our international clients. And, of course, we are here to offer you help and guidance every step of the way. To get started request a free valuation or call 020 7724 9919 and find out how much your property is worth.

 

Selling Advice

1. Request a Valuation 
2. Our Sales Service
3. Tax Considerations
4. Land Registry Issues 
5. Legal Matters
6. Sales Advice

 

Request a valuation

·         If you'd like one our specialist managers to conduct a valuation or review of your property, please click here to request a free valuation.

Our Sales Service

·         Sale Valuation & Inspection

·         Advice to landlords on furnishings, health and safety issues and any maintenance recommendations.

·         Advertising & Marketing your property on our State of the Art website, UK's leading property portals, emailing and sms message details to all potential applicants along with newspaper advertising where appropriate.

·         We arrange and accompany all viewings wherever possible

·         Extensive referencing of tenants who wish to buy your property, via the Maras Group, using an extensive 25 point verification check on each and every applicant, Maras also offer a range of enhanced financial security policies for landlords if applicable.

·         Preparation of the sales memorandum.

·         Instructing solicitors on both sides to commence with the sale

·         Advising and arranging what surveyance should be carried out

·         Collection of holding deposit.

·         Notification of tax implications, in particular stamp duty

·         Arranging maintenance

·         Arranging For Sale Board

 

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Taxes

It is important to have knowledge of the various taxes so no surprises pop up along the journey. The two main taxes to be aware of are Stamp Duty and Capital gains Tax. Stamp duty is a tax on transfers of land or property and the creation of leases. Sellers should take note of these because they can affect the value of a property if its valuation is near the thresholds.

SDLT on residential land or property - freehold or leasehold

Purchase price/lease premium or transfer value

SDLT rateSDLT rate for first-time buyers
Up to £125,000 ZeroZero
Over £125,000 to £250,000 1%Zero
Over £250,000 to £500,000 3%3%
Over £500,000 4%4%

For those who have had a property a while and have experienced capital appreciation they may be liable to pay tax on it. Capital Gains Tax is a tax on the gain or profit you make when you sell, give away or otherwise dispose of a property. There's a tax-free allowance and some additional reliefs that may reduce your Capital Gains Tax bill. Currently Capital Gains Tax is charged at a rate between 18% and 28% for individuals (the rate used will depend on the amount of their total taxable income and gains).

 

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Land Registry
Some properties can be more complicated than others when it comes to land registration. Many properties now are registered at the land registry. The register is divided into three parts. Firstly, the properties register which describes the property. Secondly the proprietorship registry which records who owns the property and the price paid. Thirdly, the charges register, which gives details such as mortgages charged against the property. Photocopies of the register can be obtained and we can help find you the paperwork required. Unregistered properties can become more complicated. When they are sold they must have their title registered with the Land Registry. To do this the title deeds will have to be read through and processed by both parties before submitting the relevant contracts and documents to the Land Registry, which can take time.

 

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Legal Matters
Our staff have been trained and receive ongoing training on the various legal aspects of letting including safety regulations, tenancy agreements and clauses, possession and have vast practical experience. They will be happy to discuss any questions you may have regarding more detailed legal matters. However we are not lawyers so to get legal advice you must contact your solicitors

 

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Sales Advice
Selling a property is normally a tradeoff between a quick sale and the best price. People linked to chains often give higher offers however they are not ready to proceed, sometimes for many months. The implication for you is the loss of the time value of your money, as the longer you have to wait for your money the more interest you forfeit on it. It also increases the risk of ‘gazumping’ whereby a buyer does not follow their word and exit the deal before exchanging contracts. Therefore it may be worth accepting a lower offer it is from a chain free or even better cash buyer. This will pave the way for a quick exchange. Executive homes will discuss with you the best way to market and sell you property to meet your requirements

 

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