Sellers Guide

At Northern Hotsppots Properties, we work with a variety of asset classes including buy-to-let properties, HMOs, BRR  and Buy to Sell investors across UK. We work closely with some of the UK’s top developers and landlords, and connect them directly with our database of our property investors. So, if you would like an evaluation on your existing property, get in touch.

Based in the heart of the North West, with a deep understanding of the property market, particularly in the North of England, we can provide a professional solution and lucrative return to the sale of your property.

Sell your property to our network of landlords in days, not months. Our active property investor buyers are looking for properties whether tenanted, vacant, or needing work. Get access to cash buyers today

Why Choose Us?

Are you considering selling your buy-to-let property or portfolio but feel overwhelmed by the process?We can help by introducing you to the best property selling agent we have found that specialises in working with landlords and homeowners.Let our partners, expert 1-2-1 consultants guide you through every step of the way.Our partners have a simple approachOur partners will market your property using a modern method of auction combined with a unique pricing process, to get maximum buyer interest, to get the offers flowing in. Their experienced sales team will then work hard to get you the very best prices.

- 3 Easy to follow guide steps to sell your property in a limited time:

Fill In the Form Above

Fill in the form on this page with your details and your property address and a consultant will immediately start putting together your free valuation.

      Agree Your Selling Price

Your 1-2-1 consultant will contact you to talk through your aims, timeline and agree your market valuation together. If you are happy, they can explain the next steps and start marketing to a qualified property investor network.

Receive Your Offers

Your offers will then come in, your sales agent will work hard to get the best possible price from competing offers and you can then agree your sale.
 
Our Definitive Guide for Selling your Property
 
1. Decide on the reason for which you are selling
Estate agents always ask the questiion why you are selling your prperty, so prepare to have a clear reason and answer.

There are many different reasons why you may sell your home. These could be anything from wanting more space, downsizing or changing location or maybe a personal issue.

2. Ensure your finances are in order

This is a major area when deciding to sell your home. First of all you will need to find out how much equity you have in your current home and make sure you can afford to sell. It may be a case that you have an early repayment charge on your mortgage and therefore this should be considered.

If you are buying a new home then you might want to consider the size of the mortgage you require. Always speak to a qualified mortgage adviser who can talk through your finances and help to understand what you can afford.

3. Decide what price to sell and who will sell the property.

Ultimately, you need to be happy with the price you accept when selling your home. However, make sure you do not price yourself out of the market or accept a price that you’re not happy with. Your Seven Keys Property Consultant can help you with that.

4. Prepare your home for the market.

In order to attract the most attention when selling your home, it is always advisable to make it seem as desirable as possible. This could be anything from a fresh lick of paint to just tidying away the clutter.

5. Hire a conveyancer or a solicitor.

It is essential to hire a conveyancer or a solicitor to take care of the legal aspect when selling your home. They will transfer the ownership of the property from the seller to the buyer. The point at which you instruct them to carry out this process will come after you have accepted an offer. However, to speed up the sales process, it is advisable to have chosen someone around the same time you choose an estate agent. If you need us to put you in touch with someone, we are more than happy to do that.

6. Complete all relevant questionnaires.

These will be provided to you by your solicitor and will provide all the relevant information (i.e. boundaries, council tax, tenure, etc.) regarding your property to the buyer.

7. Accept an Offer and negotiate a draft contract.

At this point, it is our duty to relay all offers to you, regardless of how high or low they may be. It is your decision to accept or reject an offer or you can leave it with us to try and negotiate a better deal for you, should you wish to do so.

Once an offer has been accepted a draft contract will be drawn up by both legal parties and you will need to decide a number of factors, including the length of time between exchange and completion, what fixtures and fittings will be included in the sale and any discounts due to problems that may get flagged up during the survey.

8. Exchange of Contracts.

It is at this point in the sale of your home where you become legally committed to selling the property and the buyer becomes legally committed to buying your home. Consequences from pulling out after this time may result in you being sued and the buyers deposit will be returned.

9. Complete the sale and Move out.

The conveyancer or solicitor will register the transfer of ownership with the Land registry and any property deeds, along with the money are transferred between both legal parties. You can move out before the completion date should you choose to do so, however, if you are in a chain and moving into another property that will be occupied until completion then you will need somewhere else to go.

10. Pay off the mortgage and Settle up.

Your solicitor/ conveyancer will have received an outstanding amount from the mortgage company to be paid on the day of completion. Now that the buyer has transferred the money to your solicitor/ conveyancer, they will pay off the mortgage for you.

Settling up with your solicitor/ conveyancer and the estate agent will be carried out after completion unless you have opted for one of our up-front payment packages. The solicitor will provide you with details for all costs and disbursements and if you are buying and selling at the same time, they can settle up both transactions, including the payment of stamp duty

 Seller Frequent Questions

1/ - What is Property Sourcing and what is that you do ?

it's the art of finding profitable property deals for investors and buy-to-let landlords. A property sourcer, or deal sourcer, acts as a middleman between property sellers and buyers, often focusing on finding below market value (BMV) properties or those with good investment potential and a good rental yield or return on investment.

If you've ever wondered "what is a property sourcer?" or "what does a sourcer do?", imagine them as property detectives. They're constantly on the lookout for great deals, whether it's a rundown house perfect for renovation, a bargain buy-to-let opportunity, or land with development potential.

2 Is deal sourcing legal and regulated in the UK ?
 
Deal sourcer is just like a real estate agent, it is a legal profession in UK and subject to some strict regulations such as data protection, insurance indemnity, company registration, tax declaratioon and many other regulations

Will I get a good price for my house?

Our partners will market your property directly to active investors, and aim to get you the best possible price from the buyers offers presented at that moment in time. Their experienced sales team will work hard to get competing offers at the very best prices.

Will buyers complete quickly?

Our partner closely vets all interested buyers, to ensure they have proven funds. They specialise in quick sales, and with a fast online auction, they have a system in place to ensure your buyers complete within 28-56 days and do not reduce the price before completion, with minimum sales falling through.

3/- What makes you a better option than a high street estate agent?

Most estate agents focus on a small geographic area and only take on empty properties or properties sold as vacant possession from homeowners. With our partners, you can sell any property across the country. They specialise in rented properties, portfolios and even run down houses, so you can sell any property, in any condition.

4/ - Who will manage the viewings?

Our partners will manage viewings in the best way possible for you depending on your circumstances. Where the property is tenanted they will also liaise with the tenants to ensure the best viewing outcome for everyone.

5 /- Should I wait for the tenancy to end before selling?

Landlords often think they have no option than to wait for a tenancy to end, to sell their rental property. This isn't the case and unfortunately, this can be counter productive, as the running costs of an empty property generally get bigger as time elapses. Mortgage, insurance, council tax, utilities and more, all add up and if you wait to sell your empty property on the open market with a local estate agency, this could mean 6 months or more of empty property costs. Instead selling your tenanted property to an investor buyer can be a win:win for everyone. A quicker sale for you, tenants can stay in their home and the buyer can continue the tenancy without disruption and rental income from day one.

6 / - What locations can you sell my properties in?

Our partners can help across the country. In England and Wales our partners can help sell your portfolio or single properties including buy-to-lets, houses of multiple occupation, holiday lets or student lets. 

 

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