Let’s try something different here … you have probably visited many estate agent websites in your time.
Most if not, all will give you the option to input your property postcode and a computer will generate an estimated value for your beloved home. It will never be an official valuation and is always just a rough estimate. Why not get an expert valuation first-hand!
“Let’s Paint the Picture of Your Property Together”
Book Your Property Valuation Here.
Buying and Selling a home is a huge financial commitment and it can be rather daunting – especially if you’re a first-time buyer. We have taken the time to create an in-depth timeline to help you understand the steps to buying and home.
Before you start house-hunting, it’s a good idea to work out what you can afford to spend on buying a house or a flat and your monthly mortgage payment.
Firstly, get out there and view some properties. We might just have the thing you’re looking for in our portfolio of available properties. Once you’ve found a home you want to buy, the next step is to make an offer.
There should never be any financial commitments when making an offer on a property until its accepted. In some cases, and mainly with new build properties you may be asked to pay a reservation fee. The agent will explain the process with this as every situation is different.
Once your offer is accepted the agent will issue a letter know as sales memorandums this puts both buyers solicitors and vendors solicitors in touch with one another. The solicitor will handle the legal work around the property.
Your solicitor will tell you how much you can expect to pay and might ask for a deposit upfront – this is typically 10% of their fee. Typical cost: £500-£1,500 + 20% VAT
Your solicitor submits searches to the local council to check whether there are any planning or local issues that might affect the property’s value. Typical cost: £250-£300
Valuation survey
This survey is done by the lender to make sure the property is worth the price you’re paying before they approve the mortgage.
It is not an extensive survey and will not identify all the repairs or maintenance that might be needed.
Typical cost: £150-£1,500 depending on the value of property.
Some lenders might not charge you for this, depending on the type of mortgage product you select.
The Property Surveys
Home buyers who didn’t have the right survey faced a £5,750 bill on average after moving in, according to the Royal Institution of Chartered Surveyors (source: RICS). You should commission a survey on the property to help you avoid hidden costly problems in the long run.
It’s your property, so it’s in your interest to pay for a decent survey at this stage. It can also help you to renegotiate the price.
For example, if the survey reveals a problem with the home that will need £5,000 to pay for repairs, you could ask the seller to lower the price by that much.
There are several types of survey available:
RICS condition report – basic ‘traffic light’ survey and the cheapest. It’s most suitable for new-build and conventional homes in good condition. No advice or valuation is provided in this survey. Cost: £250.
RICS homebuyer report – suitable for conventional properties in reasonable condition. This is a much more detailed survey, looking thoroughly inside and outside a property. It also includes a valuation. Typical cost: £400+.
Building or structural survey – the most comprehensive survey and suitable for all residential properties. It’s particularly good for older homes or homes that might need repairs. Typical cost: £600+.
Once the survey is complete and with your mortgage offer accepted and on its way to your solicitor you are just about ready to complete the transaction.
If there are no problems or delays, then you should receive the contract to sign and complete the sale.
Before signing the contract, go through it with your solicitor to check that all the details are correct.
Make sure you’re happy with what the sellers have agreed to leave in the property and that all your queries have been answered.
At this stage, you and the seller are committed to the sale.
The seller might also ask you to pay a holding deposit – typically £500-£1000 to show intent. Once you’ve exchanged contracts, you’ll need buildings insurance in place to cover the structure of the property.
The remaining money owed to buy the property is now transferred from your solicitor’s account to the seller’s solicitor’s account. Since some of the money comes from the mortgage provider there will be a telegraphic transfer fee. Typical cost: £25-£50.
You might also have to pay a mortgage account fee. The lender charges this fee for setting up, maintaining and closing down your mortgage account. It’s often added to the mortgage, which means you’ll pay interest on it, so consider paying it up front instead. Cost: £100-£300.
You’ll now need to pay your solicitor’s bill (minus the deposit and local searches if you’ve already paid them). Typical cost: £500-£1,500 plus 20% VAT.
Your solicitor will register the sale with the Land Registry for properties in England and Wales. In Northern Ireland it needs to be registered with Land and Property Services and the cost of this will depend on the price of the property.
Sellers will need to pay their estate agent on completion. The fee is agreed at the outset and is typically a percentage of the purchase price, usually 1% to 3% of the sale price plus 20% VAT. Buyers don’t have any estate agent fees.
Buyers of residential homes costing over £500,000 have 14 days from the completion date to pay Stamp Duty in England and Northern Ireland. Your solicitor will usually arrange this for you. In Wales, you will need to pay Land Transaction Tax on properties over £250,000.
If you’re using a removal company, moving on a weekday is cheaper. Typical cost: £300-£600+.
Congratulations on your new home, go and get your keys.
“Live Happily Ever After”
Absolutely fantastic work from Ismail managing our purchase from start to finish made the whole process practically straightforward.
Ismail managed the sale of our property, ensuring it was on the market and under offer within just one week, despite the entire country is in lockdown.
Ismail is a fantastic estate agent. I was buying my first house and Ismail did everything he could to ensure the process was smooth and seamless.
Ismail is the best agent I have come across, a real professional in his field, I wouldn’t hesitate in having him to sell my house again.
Not just your average agent! I cannot recommend Monochrome homes highly enough. If you want great comprehensive service, that is well organized, with outstanding communication then this is the agent for you.
Ismail is extremely professional, responsive and does what he says he’s going to do. He worked really hard with us as vendors to get the best price as well as ensuring viewings from only immediately proceed able potential buyers.
Ismail recently managed the sale of my property and the service received was second to none. Ismail was friendly, approachable, and professional and kept me updated at every stage of the process. Thank you Ismail!
Welcome To Our Million Pound Listing
East Hill, Sanderstead 📍
Merriments is a stunning four double bedroom detached family home offered to the market with garage, off street parking and so much more.
Situated in the sought after location of Sanderstead on a private no through road.
Viewings taking place Saturday 13th August.
Call us to arrange your viewing NOW!
01737 400 096
Sunnyside Close , East Grinstead 📍
We now have one last remaining unit on the new build development.
A four bedroom semi-detached house with accommodation spread over three floors. driveway, garden and garage.
Arrange your viewing now to secure a stunning property in a beautiful location.
Prices From £600,000
Call or Email
Hello@monochromehomes.co.uk
01737 400 096
Devon Close, Kenley📍
We are SORRY (NOT SORRY) that this property didn’t reach our social media showing FOR SALE.
Due to our proactive work combined with attractive marketing we are delighted to have secured our vendors a buyer at asking price for their property in just 48hours.
A stunning property which is due to continue as a beautiful family home.
If you are looking to sell your property in the area then you know what to do.
Be part of our continued success here at Monochrome Homes.
Call to arrange your free property valuation 📞
https://monochromehomes.co.uk/property/devon-close-kenley/
Emerald Court, Purley , Surrey📍
Monochrome Homes x Novo Land & Developments collaborate to offer a selection of luxury new build apartments situated in the sought after location of Purley.
1 Bedroom Apartment- Prices From £350,000
2 Bedroom Apartment- Prices From
£425,000
40% HELP TO BUY AVAILABLE.
*Apply for Help To Buy Before 31st October 2022*
Viewings Now Available.
Call us on 01737 400 096
Email us hello@monochromehomes.co.uk
@monochromehomes_ @novo_land_and_development
@moskadesignandstyle
@homeexposure
ALL SOLD BY MONOCHROME IN JUNE!
We are delighted to have agreed these sales for our clients. We have secured some great buyers at prices both parties we’re happy to pay and accept.
Be apart of our success, if you are looking to sell an apartment in and around the area , speak to Monochrome Homes!!!
We would love to hear from you 🖤
FOR SALE
Russel Green Close, Purley 📍
A rare opportunity to acquire this four double bedroom detached family home set within a sought after road in Purley.
A tastefully designed interior sets this property apart from other properties on the open market within its vicinity and provides an abundance of living and accommodation space throughout.
Viewings Now Available For Saturday 9th July
Contact Us Today!
£10 MILLION POUND CLUB ✔️
We are proud to announce that we have now hit our £10 million pound mark in sold property since the start of Monochrome in April 2021 🎉🍾
Our next milestone will be £25M
Be apart of our journey, hire us to sell your property 🏠
📞01737 400 096
✉️ Hello@monochromehomes.co.uk
ALL SOLD!!!
Sunnyside Close , East Grinstead 📍
Both plots now with sales agreed and we did it in only 9 days from first instruction. We managed to achieve 101.7% and 102.5% of the asking price.
Looking to sell a development ?
Speak to us!! Our track record is growing and our developer clients are very satisfied with our work and prices we are currently achieving.
Look out for our new Land & New Homes Page launching on our website in the coming days where you can see our growing portfolio 🏠
Halton Road, Kenley 📍
A spacious three bedroom townhouse situated on the Kenley Aerodrome Development. Immaculately presented and ready to move in to. Offered to the market chain free.
Guide Price £550,000
Viewings Now Available.
01737 400 096
Hello@monochromehomes.co.uk
Monochrome Sold It!
We are officially all sold, off plan at our Knole Mews, Cheam development.
Delighted to have secured some fantastic offers for our clients @novo_land_and_development.
We officially sold out in 30 days……
We push on with the legal work to ensure that our clients are ready to move in once build is complete in December 2022.
A great team effort between @monochromehomes_ and @novo_land_and_development to ensure we deliver the best possible buying experience for our clients.
Have you got a development site you need to sell ?
Let us do what what we do best.
Monochrome Homes Land & New Homes
Monochrome Homes X Crownwood Estates are pleased to introduce a collection of semi detached four bedroom houses set within a private and secluded bespoke development.
The properties offer four bedrooms , three bathrooms, open plan kitchen living area and great outdoor space. Each house comes complete with attached garages and off street parking.
Prices Start From £600,000.
Selected Plots Available
Call or email us to arrange your viewing
01737 400 096
Hello@monochromehomes.co.uk
The Sycamores, Hooley, Coulsdon 📍
A proud introduction to this beautiful two bedroom ground floor apartment situated within a peaceful complex. Offering a stylish and contemporary finish throughout. Parking and well kept communal gardens included.
Viewings are now available to arrange.
Photography @homeexposure
01737 400 096 is the number to call 📞
Knole Mews, Cheam 📍
A luxury collection of just five mews style houses set within a private and gated complex located close to Sutton and Cheam Village.
A prime example of luxury beyond your wildest thoughts, brought to you by an award winning developer @novo_land_and_development
Designed an styled by @moskadesignandstyle
Photographed by @nicksmithphoto
@monochromehomes_ have received high demand since our launch of the site and have managed to secure reservations on 2 plots in the first week of marketing with lots of activity still booked ahead.
All properties are offered on the governments help to buy scheme at 40% and prices start from just £550,000.
Estimated Completion - December 2022.
Get in touch now to arrange your show home viewing
01737 400 096
Hello@monochromehomes.co.uk
Woodview Way, Oakgrove,Caterham📍
A stunning one bedroom apartment situated on the sought after private development of Oakgrove Caterham.
Chain Free and Ready To Move Into.
Asking Price £245,000
Keys are with us if you would like to arrange a viewing.
Call 01737 400 096
The Avenue, Coulsdon 📍
A stunning split level two double bedroom , two bathroom penthouse apartment offered to the market chain free. The property offers off-street parking and sits a stones throw from Coulsdon Town Centre.
Guide Price Offers In Excess of £400,000
Viewings are now available.Call or email us to arrange.
01737 400 096
Hello@monochromehomes.co.uk
Wimbourne Court , South Croydon 📍
Presented to the market chain free comes this newly refurbished two bedroom apartment situated in South Croydon, a perfect opportunity for a first time buyer or investor alike.
Price £325,000
Viewings Now Available.
Call us on 01737 400 096
Knole Mews, Cheam, Surrey
Monochrome Homes X Novo Land & Developments are proud to present a collection of just five, two bedroom mews style houses set within its own exclusive gated development.
Finished to the impeccable Novo standards these properties all benefit from private gardens and allocated parking.
Prices From £550,000
Reservations Off Plan
40% London Help To Buy Scheme Available
Register Your Interest Now
Developer @novo_land_and_development
Design @moskadesignandstyle
Photography @nicksmithphoto
Exclusive to @monochromehomes_
It seems like everything we touch we turn to gold (for our clients)
The Greenway, Oxted 📍
SOLD!!!!!
We are delighted to have achieved a figure over asking price again for our lovely vendors.
Thank you for the opportunity!
Call us if you are looking to sell your property in Oxted, we would love to hear from you.
01737 400 096
Looking to move home ?
Why not take advantage of our May incentive running up until the end of the month.
We have had some great success selling properties locally and are looking for the next opportunity for the long list of buyers we currently have registered.
We can’t wait to hear from you…..
Sharing Our Success ⭐️
We are delighted to announce the sale of three fantastic properties located:
The Crossways, Old Coulsdon
Ellis Road, Old Coulsdon
Winchcombe Road, Carshalton
All three properties generated incredible interest due to our proactive approach and fantastic marketing. On Saturday 30th April we carried out a total of 54 viewings spread across 3 open days.
We managed to achieve our vendors for The Crossways an offer 4.7% over the asking price. Ellis Road 6.1% over the asking price and Winchcombe Road 3.8% over the asking price.
I’m certain that all three vendors are delighted with our service and level of commitment in attaining such a great price for their property.
This is a prime example of what we do here at Monochrome Homes. We get ahead of the curve and ensure we make the market work for our vendors and their properties, whilst helping our buyers secure their dream property.
We currently have many buyers who missed out on the opportunity. We are asking owners within the local vicinity to these properties to get in touch if they are seriously looking to make a move.
We can almost guarantee a personal, passionate and bespoke service second to none with all the right ingredients to ensure we get you the best possible price for your property.
Please call or email to arrange a no obligation valuation for your property.
✉️ hello@monochromehomes.co.uk
📞 01737 400 096
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