A GUIDE TO BUYING WITH ROY BROOKS LTD
STEP 1 - ARRANGE YOUR MORTGAGE
You need to know your budget before you start your property hunt. The very first step is to speak to a mortgage advisor who can tell you what you can borrow and which lenders are offering the best deals.
In London’s competitive market, we’d advise you to arm yourself with a document called a Mortgage in Principle before you start your search. The MIP document is given to you once you have chosen a mortgage product and the lender has done a soft check on your finances and credit history. You’ll be asked for all of your mortgage details and your mortgage broker’s contact details when you offer on a property.
An independent mortgage advisor can access the whole mortgage market, meaning you’ll get the best rates available. We can help if you’re stuck for independent mortgage advice and can recommend a broker who is so good, many of our clients use him.
STEP 2 - REGISTER YOUR INTEREST
It’s easy to register with us. You can call us on 020 8299 3021 or 020 3206 3063, walk into our office, or do it online. Once you’re registered we can contact you as soon as properties matching your needs come to the market.
Tell us what you’re looking for, what kind of buyer you are (first timer, under offer, something to sell or lucky enough to be buying with cash) and we’ll be able to talk to you about our current properties and about properties coming on soon.
STEP 3 - SEARCHING FOR A PROPERTY
We send you email alerts as soon as a new property becomes available. Tell us as much as you can about your search and we’ll contact you by phone or email when you absolutely need to see something.
STEP 4 - VIEWING WITH US
Our offices are open on Saturdays and until late during the week to accommodate viewing around people’s busy schedules. You can meets us at a property or we can drive you there. Bring your friends, your family, a builder or an architect if you like. We will accompany you and answer any questions you have about the property or the area.
STEP 5 - WHICH SOLICITOR?
Start looking for a good conveyancing solicitor, you’ll need one ready to begin conveyancing once you have an offer accepted on a property. Over the years we have got to know several excellent local conveyancing solicitors, just get in touch if you’d like some guidance.
STEP 6 - ALL ABOUT OFFERS
Once you make an offer on a property, we write to you and the seller to outline the offer you’ve made. Once your offer is accepted, we will ask for your mortgage broker and solicitor’s contact details. We then draw up a Memorandum of Sale to be sent to all parties involved. This document contains the contact details of everyone involved in the sale to enable communication. James Edmonds is the sales progressor at Roy Brooks and your main point of contact here.
STEP 7 - CONVEYANCING
Your solicitor will perform local searches to make sure no potential problems are associated with the property and check though leases (where necessary) and the draft contract sent over from the seller’s solicitor. Everyone now agrees an exchange date. James will be in contact with all parties throughout the sale and give you regular updates. You can call or email James for advice or queries at any time during the sale.
STEP 8 - SURVEY AND MORTGAGE OFFER
If you’re getting a mortgage to buy the property, your lender will send a surveyor to make sure it’s structurally sound and being sold at market value,. Once the survey report is back and the lender is satisfied, you’ll get a formal mortgage offer.
STEP 9 - EXCHANGE OF CONTRACTS
This is a contract that legally ties you to buy the property or lose a deposit—usually 10% of the property’s value. The deposit is transferred from your solicitor’s bank account to the seller’s solicitor’s bank account and held until the sale completes. The exchange contract is signed by you and the seller and includes a mutually agreed completion date.
STEP 10 - COMPLETION
The date you complete is move-in day. The rest of the purchasing money—usually 90% of the agreed sale price, is transferred from your solicitor’s account to the seller’s solicitor’s account. Once our office has had confirmation the money has cleared, we will ask you to come and collect your keys.
Congratulations, you have bought a new home!
A GUIDE TO SELLING WITH ROY BROOKS LTD
STEP 1 - WE VALUE YOUR HOME
We’ll bring evidence of comparable properties when we value your home, advise you on the best way to approach selling or renting and update you on the current climate in the housing market. We achieve the very best prices for our clients in any market and will give you an accurate and honest valuation.
STEP 2 - SELECTING AN ESTATE AGENT
Honesty, integrity and sheer hard work are the reasons why people are so happy with our service.
- We communicate with you regularly and clearly so you know exactly how viewings are going, how the sale or let is progressing and what is happening across the housing market.
- We carefully track and adjust our marketing to gain maximum leads while we’re advertising your property, exposing it to as many buyers and tenants as possible. We also create tailored marketing plans for unique properties.
- We’re open during the evenings and at weekends to enable viewings around people’s busy lives.
- We advise you on property presentation, advertising timing and anything property related.
- Our mature, highly experienced team will hold your hand from the beginning and until the end of your move, so you’ll get old-fashioned, top-tier service.
STEP 3 - PRESENTATION AND PREPARATION
We will advise you on how best to present your property for a sale. A fresh lick of paint, spring clean and declutter are good starting points.
Be one step ahead and get your paperwork ready. You’ll need to gather insurance certificates for electric and gas work, leases for leasehold properties or building regulation certificates of you’ve done significant work to your home. If you don’t have certificates, don’t worry you can talk to us and we’ll explain your options.
We can recommend handymen, decorators, carpet cleaners, clearance specialists, gardeners, architects and builders if you need work finished or plans drawn up before you sell.
STEP 4 - PRESENTATION AND PREPARATION
Our professional photographers will capture your property’s best features and draw up detailed floor plans. We have an experienced copywriter who will optimise the property description for maximum clicks online and track its performance.
As soon as we begin marketing your property, we email it buyers registered on our database and follow up with personal phone calls.
We use the best performing property portals, our own busy website, our large database of registered applicants, traditional print media and social media to give you 360-degree marketing coverage.
STEP 5 - WHICH SOLICITOR?
If you don’t already have one, now’s the time to research a good conveyancing solicitor as we’ll need their contact details once you accept an offer. An efficient solicitor is does the job thoroughly and quickly and over the years we have got to know some very good local conveyancers.
If you need recommendations we suggest asking Meabys in Camberwell and Glazer Delmar in Peckham for quotes.
STEP 6 - VIEWINGS WITH ROY BROOKS
We show buyers around your property, can chauffeur them there and answer any questions about your property and the local area. If the property is empty, we can arrive before a viewing to clear unattended post and draw curtains.
We’ve even been known to feed the cat and take out the rubbish while a client’s away!
STEP 7 - ALL ABOUT OFFERS
As soon as we receive an offer on your property, we’ll call you and follow up with a formal letter. We’ll check your buyer’s finances are in place and that they are able to go ahead with the purchase before you make a decision. We are masters in the art of negotiation, so rest assured that we will get you the best offer the market will bear.
Once an offer is agreed, we formalise this by letter and ask you for your solicitor’s details. We then send a Memorandum of Sale to you, the buyer and both sets of solicitors. This document contains the contact details of everyone involved in the sale to enable communication. James Edmonds is the sales progressor at Roy Brooks and your main point of contact here.
STEP 8 - EXCHANGE OF CONTRACTS
This is a contract that legally ties the buyer to buy your property or lose a deposit—usually 10% of the property’s value. The exchange contract is signed by you and the seller and includes a mutually agreed completion date.
STEP 9 - COMPLETION
On completion, the remaining money (usually 90% of the agreed sale price), is transferred from your buyer’s solicitor’s account to your solicitor’s account. Once our office has had confirmation the money has cleared, we call the buyer to say they can collect keys.
Congratulations, you have sold your property!