HOW LONG DOES THE PROCESS TAKE?
WHAT IS THE LENGTH OF THE PROCESS?
Although it is very difficult to say how long it takes to complete on a property purchase, our data shows that on average it takes between 6 and 18 months .
Through analysing our data we’ve found the average time it takes to complete a property purchase is anywhere between 3 8 months.
HOW IS IT THAT YOU GAIN ACCESS TO THE PRIVATE MARKET?
Over many years we have built up excellent personal relationships with our contacts which, combined with our reputation, means we often hear about properties long before they become available to the open market.
Our buying agents live in the areas we cover so it’s not unusual for vendors to approach us to see if we have a suitable client for their house. Selling agents also know that we represent the best buyers in the market so they will keep us informed of these opportunities.
Despite being relatively new to the business we’ve been able to acquire already, a large number of useful contacts. This along with a reputation as being able to deliver to you, we’re able to hear about properties long before they become available to the market.
As our buying agent reside in the areas we deal advise in, it’s become commonplace for vendors who know of our brand to approach us for clients to take their property of their hands.
CAN I FIND A PROPERTY WITH YOU?
Yes, we find all our clients properties if their property requirements fall under our remit.
HOW DO BUYING AGENTS DIFFER FROM ESTATE AGENTS?ESTATE AGENTS
WHAT CAN YOU OFFER US THAT ESTATE AGENTS CAN’T?
We work solely for the property buyer, searching for and acquiring their ideal property at the best terms available while overseeing the negotiation and conveyancing process. They pay us a fee for this service.
Estate agents act solely for the seller to achieve the best price they can and are paid by the seller. Also bear in mind that those Agents with offices overseas who claim they are independent and purchase on your behalf are probably actually selling their own properties in the UK and therefore do not have your best interests at heart.
Simply put, we work for you, the property buyer. Estate agents instead act solely for the seller to achieve the best possible price. We’re on your side. We not only search for your property but also we oversee the negotiation and conveyancing process. WE REPRESENT YOU
WHO DO PROPERTY BUYING AGENTS WORK FOR AND WHO ARE OUR CLIENTS?
WHO DO PROPERTY AGENTS WORK FOR?
Our job is to find and acquire property on behalf of the buyer while protecting their best interests. Where possible, we’ll negotiate on asking price and hold together the conveyancing process and financing right up to completion.
Our clients come to us for a number of reasons – some live abroad and need a trusted agent to acquire property on their behalf, some have been left disappointed after months of failed home buying bids and others just don’t have the time to look for property and engage in negotiations.
If their property requirements fall under our remit, we endeavour to help each client find and secure their ideal property, be it a London investment property or a home in the country.
Where we come in is helping you search and acquire property on behalf of you, the buyer. All these whilst protecting both your interests and goals. Where we can we even negotiate on the asking price and manage the conveyancing process and financing right up to the end.
WHO ARE OUR CLIENTS?
We attract clients for a vast number of reasons depending on their circumstances. These include but are not limited to: those who have failed in their endeavour to make a successful buying bid; some are residents abroad and require a trustworthy and effective and some simply don’t have the time to look for property and undergo the negotiating process.
BUYING AGENTS SAVING
HOW MUCH MONEY CAN BUYING AGENTS SAVE ME?
It wholly depends on the circumstances; we can save you anything from £10,000 to over £2,000,000 but in some cases it may not be possible to reduce the asking price. Each situation is unique as is each property and its seller.
It varies entirely how much we can save you as circumstances differ. No situation is the same as each property and seller are unique. Though from what we have experienced with previous clients you can expect to save anything from £10,000 to over £2,000,000. Though it is important for you consider that it may not be possible to lower the asking price.
HOW ARE YOU ABLE TO REDUCE THE ASKING PRICE?
We know the areas in which we work and the properties that fall within them, we know the true value of a property based on comparable evidence as well as market intelligence. If we don’t think the property is priced correctly, we’ll negotiate so that it is. Negotiation is one of our key strengths and we’ll never step down or falter. If we don’t think you’re getting a fair deal, we’ll advise you elsewhere.
Negotiation and more negotiation. The amount of surveying and research we do means we are aware of the true value of the property you wish to make yours. If we disagree with the price and see that you can get better value, we’ll negotiate to fix that. Our true skill is to negotiate and deliver you the property you want whilst saving you money. Where this is not possible we’ll advise you elsewhere.
WHERE WE TRULY ADD VALUE
We look at every potential property, ensuring that pricing is right, that you’re getting value for money and that it meets your personal investment objectives. Comprehensive due diligence that protects your hard earned money, if you like. This way you know exactly what you’re buying without any unpleasant surprises further down the line.
We’ll also hold the deal together and troubleshoot where necessary ensuring that you exchange within given time frames.
In order to ensure the price matches the property we have a good look at every potential property. We want nothing more to protect your hard earned money. It only through taking measures that we can accurately advise you so you won’t be susceptible to any unwelcomed surprises down the line.
THE CLIENT IS NOT ALWAYS RIGHT
It may go against the holy grail of customer service, but we stick to our principles when it comes to protecting our clients’ money and best interests. We’ve literally saved clients millions of pounds and, potentially, years of headache by persuading them not to buy a property if we know it’s a bad investment.
This may not be what you want to hear. However truthfully speaking, if we didn’t prove you to be wrong on a regular basis we would be out of business. We’ve saved our clients millions of pounds and years of regret be dissuading them to purchase some terrible investments.
WHAT DO BUYING AGENTS DO?
Buying agents differ from estate agents in that we act for the buyer alone. Our key objective is to find and secure a property that closely matches our clients’ preferences. We also aim to acquire property at the possible price, whereas estate agents work in the best interests of the seller, namely, to get as much money as possible from the sale of his or her property.
I DON’T HAVE THE TIME OR RESOURCES TO LOOK FOR PROPERTY MYSELF, CAN YOU HELP ME?
Yes, if you’re property requirements fall under our remit – Prime Central London and the country – we can help you find your ideal property. We start by getting to know you and your current and future property needs. We’ll then identify and shortlist suitable properties, whether it be a family home or an investment property.
GREAT, WHAT ARE THE BENEFITS OF USING A BUYING AGENT?
We provide our clients with many important advantages. We don’t compete with estate agents instead; we are valued partners. There is no restriction on the agents, vendors and other contacts we work with. This gives you access to a vast range of properties and because we are in constant contact with them your search is driven by the latest market intelligence.
We will proactively search the market using our networks of contacts to give you access to all properties that suit your requirements including those that are only available ‘off market’. In such a competitive market, professional advice is key to a quick and successful sale or purchase.
The search is only the start of the service as we carry out extensive due diligence on the property providing impartial advice on price and any other issues that might affect your enjoyment of it. These are then summarised in our property report.
Our teams are made up of experts in their region who know how to make their clients preferred purchasers and negotiate the most favourable terms on their behalf. Not always does the highest price win and we are creative when it comes to negotiating on your behalf. Once terms are agreed we guide the purchase through to exchange of contracts dealing with any issues that might arise. We pride ourselves in being problem solvers but often these solutions will involve renegotiation of terms and we are not afraid to tell you when we believe they are deal breakers.
Following exchange of contracts, we provide clients with a completion and handover service. This includes inspecting the property on the morning of completion to ensure everything is as it should be before final monies are released.
If requested our completion management specialist will then deal with the transfer of staff, utilities and services and provide you with a New Owners Guide on how everything works. As well as advice on the ongoing management and the running of the property.
We also advise you on the most effective and cost effective ways of purchasing as well as assist in annual accounts and UK taxation matters.