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i)   Overview
ii)  The Sales Process
iii) The Legal Processes

 
 
Overview
 
Here at Morgan Randall we believe in developing a focused and professional approach to selling your property. We provide a service that our clients find refreshingly different to all our competitors. We believe that selling your property promptly with minimum fuss is our duty not our aim. Proof of this can be seen as the majority of our clients refer Morgan Randall to their colleagues and friends because of our surprisingly high standards.

Many of our team members are long established giving real benefits to you, the Client. We specialise solely in the City and Docklands market, our staff know exactly how to obtain the best price for your property based on their vast knowledge of the area.

We are dedicated to presenting every single property at its very best, regardless of price. We do this by spending a substantial amount on marketing your property, using a wide range of media such as the press, interactive TV, the internet and a range of other formats, at no extra cost to you. Your property will benefit from maximum exposure through aggressive marketing. We are a fast paced, dynamic agency and one that believes in being proactive at all times to ensure that we produce results whatever the market conditions.

As soon as we have your instruction, we will arrange for photographs to be taken of your property, and have it on our own and associated websites, so that it is ready to be marketed within 24 Hours. We start work immediately on making sure that we get your property sold for the best possible price promptly and with minimum fuss.

We have hundreds of high calibre private and corporate purchaser’s listed at any one time. We are one of the most visited agencies on the majority of property websites that specialise in our area. This ensures that we maintain high levels of exposure to attract as many potential purchasers as possible.

We also recommend financial advisors and run a preferred panel of solicitors who we have previously dealt with and found them to offer a high level of professionalism and a reactive service to our client. We find that this promotes a smooth sales process to our vendors. Unlike many of our competitors, we have no financial numeration form. We choose these service providers only on their performance and effectiveness.

As well as our sustained advertising and comprehensive website, Morgan Randall have invested heavily in providing our massive database of prospective buyers immediate SMS and email property alerts to keep them informed as and when new properties come onto the market.

We provide a personal service. In doing so, a member of the team accompany viewings and chauffeur purchasers to your door to ensure that they arrive in a relaxed, and positive frame of mind.

We open later than the majority of our competitors to provide a more flexible service for all our clients. Our opening hours are 9am - 8pm Monday to Friday, and 10am - 4pm Saturdays.

Our highly trained and enthusiastic Property Negotiators are often flexible and willing to accommodate viewings outside these normal hours of work.

If you are unsure about the sales process with Morgan Randall and the legalalitys of selling your property, please follow the links below for our brief guide. If however you have any questions, please do not hesitate to contact any one of our team on 02071903444 who will be more than happy to help you.

 
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Sales Process
 
 
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Legal Processes
 
Once a price has been agreed by you it is important that the following details are agreed:

• Target date for exchange
• Date for completion
• Details of any extras (such as fixtures and fixings)

We will advise you and negotiate on your behalf throughout this process, keeping you informed every step of the way. We advise both parties of the expectations and timescales required.

Drafting contract and supporting paperwork
Once the transaction is agreed, your solicitor will send out a draft contract to the purchaser's solicitor who in turn carries out preliminary enquiries and orders a Land Registry search. They will also organise all the supporting paperwork (where applicable) i.e.: title deeds, copy of Lease, fixtures and fittings list, seller's questionnaire, planning consent, guarantees, copy of building regulations and share of freehold certificate.

Service charge accounts & building insurance (in general this is not applicable to freehold properties)
We recommend that you forward copies of your service charge accounts over the last three years, estimates for the forthcoming year, and building insurance certificates, to your solicitor the moment you instruct us to market your property. Alternatively, in the case of apartment blocks, you can ask your solicitor to collect these documents from the Managing Agent.

Contract approval
This occurs when all preliminary enquiries from the draft contract and local search queries have been settled.

Exchange of contracts
Most buyers require mortgages. Once the mortgage offer has been confirmed, the purchaser is ready to exchange contracts with the seller. The contract is signed by buyer and seller and the deposit, (usually 10% of the purchase price), is either telegraphically transferred or paid in the form of a bankers draft by the buyer's solicitor. The completion date is set at this stage.

Completion
This is generally set a few days to a few weeks after exchange of contracts, depending on the personal requirements of the buyer and seller. The residual monies (usually 90%) are transferred from the buyer's solicitor to your solicitor's account.

 
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