Guide For Vendors/Purchasers

Vendors/Purchasers Guide

1. Valuation:

1.1. Agree marketing price with Daniel Paul Residential/DPR/.

1.2. Advise Vendor to arrange Energy Performance Certificate/EPC/ and floor plans.

2. Instruction:

2.1. Check EPC.

2.2. Prepare sales details including photos.

2.3. Advertise property on DPR’s web site and other leading web portals.

2.4. Contact registered clients about the new property.

3. Viewings:

3.1. The person doing the viewings will be familiar with the property and local area.

3.2. Appointments to be confirmed with the vendor.

3.3. All applicants accompanied during the viewing.

3.4. Regular feedback following viewing.

4. Offers:

4.1. Report all offers to the vendor.

5. Purchaser:

5.1. On receipt of Memorandum of sale, instruct solicitor and pay for the searches.

5.2. Submit formal Mortgage application with survey fee.

6. Vendor:

6.1. Instruct solicitor to prepare draft contract.

6.2. Return completed all initial forms, fixtures and fittings list etc.

7. Purchaser’s Solicitors <=> DPR <=> Vendor’s Solicitors

7.1. Purchaser’s solicitor:

7.1.1. On receipt of paperwork and fees apply for local searches.

7.1.2. Approve contract and raise enquires.

7.1.3. Report to purchaser and lender once satisfied with all enquiries.

7.2. Daniel Paul Residential:

7.2.1. Liaise with all parties to keep transaction moving.

7.2.2. Arrange access for all surveys.

7.2.3. Liaise with rest of chain us necessary.

7.2.4. Regularly update vendor and purchaser.

7.2.5. Agree completion dates.

7.3. Vendor’s solicitor:

7.3.1. Forward contract and title deeds to purchaser’s solicitor.

7.3.2. Answer all enquiries from Purchaser’s solicitor.

7.3.3. Approve contract.

8. Purchaser: <=> DPR <=> Vendor

8.1. Sign formal Mortgage offer.

8.2. Sign and return contract with cleared funds for deposit.

8.3. Confirm completion date.

8.4. Authorise solicitor to exchange contracts.

9. Exchange of contracts:

10. Completion.