Selling your home is a challenging process, and vendors must do everything they can to connect with buyers, and stand out in a crowded market place. At Belvoir Sutton, we are pleased to say we work closely with buyers and vendors, connecting the right people at the right time.
We also stay in touch with market trends. In recent months, there has been a greater focus on legal kerb appeal. If you are selling your home in Sutton, and you want to enhance the sales process, we can help, and legal kerb appeal offers suitable guidelines for making the most of your sales process.
What is legal kerb appeal?
Legal kerb appeal, in the words of Chris Salmon, who is a co-founder and Director of Quittance Legal Services, is; “Simply, legal kerb appeal is the strengths of the property when considered from a legal perspective. Legal kerb appeal could also involve proactively addressing any potential legal issues before a buyer is found.”
In an interview conducted on the Property Road website, Chris was asked about what vendors should look to do to ensure they are ready to sell their home in the near future.
Chris responded by saying; “If you are on or are thinking of going on the market, we’re pushing the concept of ‘legal kerb appeal’. Sellers will be entering a buyers’ market, and must do everything they can to improve their chances not only of finding a buyer, but also completing the sale.”
He continued by saying; “For example, if the property has a roof terrace without planning permission, the buyer’s solicitor will pick this up. Instead, the seller’s solicitor can identify a suitable indemnity policy and offer it as part of the sale. This proactive approach will reassure buyers and avoid delays later in the process.”
How will the housing market move forward?
Chris was also asked about what he thinks will happen in the property market when the industry moves forward. He said; “The consensus is that the pent-up demand that emerged shortly after the 2019 election will gradually resume. It’s very likely that in-progress transactions will suffer a logjam as capacity challenged property services firms struggle to fulfil a rush of requests for searches, surveys and managing agent information. We anticipate significant delays for up to a few months after the lockdown eases.”
Steps in managing legal kerb appeal
With so many sources discussing the importance of legal kerb appeal, most vendors will be keen to incorporate it into their sales process. Here is a list of steps you should follow in managing legal kerb appeal before and during the sales process:
· Agents, vendors and legal professionals should work together to find solutions
· Anticipate which problems are likely to occur, and resolve them
· Collate all documents as early as possible
· Complete all property transaction forms
· Involve external parties and management agents as quickly as possible
· Start the process of recovering or replacing missing documents as early as possible
The faster you start, the better
As with most things in life, and certainly as with many things in the sales process, the faster you start, the better. When it comes to legal kerb appeal, the sooner you start to put things in order, the better for you.
If you are starting the sales process, or wondering what your next move will be, you can arrange for an instant valuation to take place. Our instant valuation tool is free, quick to use and very easy to arrange, so contact Belvoir Sutton today if you would like to arrange a valuation during the lockdown period.