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Find out how much your property is worth
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Find out how much similar houses to yours are worth.
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Read more about the benefits of using an OEA Member Agent such as Link Up Properties
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For further information on Mortgages
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Frequently Asked Questions
Buying or selling a property can be a confusing process, especially if it is the first time you have done it. See below for clarification on some of the most commonly asked questions about buying and selling a property.
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Should I have a For Sale board? |
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Yes! Over 38% of all Link Up Properties enquiries come from our For Sale boards. It is a well known fact that many people who are looking to buy a property will drive/walk round their desired area first, to see what the properties are like, the area is like, and if there are any for sale.
We have recently redesigned our boards to give them a more professionalimage and to make them some of the most eye-catching estate agents boards in the market place. |
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What is Gazumping? |
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Basically, gazumping is where the seller of a property accepts an offer then later, before the exchange of contracts has taken place, excepts another offer from a different purchaser that is higher then the original offer. With our revolutionary Conveyancing service, you can also take out Home Buyers Expense Insurance to cover some of your costs you if are gazumped. |
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What is a Home Information Pack (HIP)? |
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A Home Information Pack (HIP) is basically a collection of essential information and documents related to the sale of your home. From 1 August 2007, Home Information Packs will be compulsory for four bedroom properties and larger. For further information on HIP's, and what Link Up Properties do to help, please visit our HIP's page. |
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What does the term "Conveyancing" mean? |
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Conveyancing is the legal process involved in the purchase and sale of any property. It refers to all legal and administrative proccesses that are needed to transfer the ownership of land or buildings from one owner to another. The Conveyancing process starts after an offer on a property has been accepted by the seller and solicitors details have been exchanged between parties. |
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How long does the Conveyancing Process take? |
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It usually takes around two months from the day you agree the sale to the exchange of contracts, though there are no guarantees that it won't be significantly more or less. |
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What is a "Contract"? |
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A contract is a document that is entered into by both the vendor and the purchaser which then becomes legally binding upon exchange of contracts. |
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What does "Exchange of Contracts" mean? |
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Exchange of contracts is the point at which the vendor and purchaser exchange legal binding contracts of the purchase and sale. |
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What does "Completion" mean? |
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When a sale is finalised and all monies have exchanged, the purchaser has all legal rights to the property. |
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What is stamp duty and when do I pay it? |
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Stamp Duty is a government tax which is payable only by the Buyer once the purchase is complete. Your solicitor will deal with this tax on your behalf.
Purchase Price |
Stamp duty payable |
Nil up to £125,000 |
Exempt from stamp duty |
£125,001 - £250,000 |
1% of the purchase price |
£250,001 - £500,000 |
3% of the purchase price |
Over £500,001 |
4% of the purchase price |
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