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!
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 ...
The Greenway, Hurst Green, Oxted 📍
We are delighted to present this ready to move in property on behalf of one of our local clients. This is an ideal opportunity for first time buyers and investors alike.
One bedroom , ground floor, modern, front and rear garden, parking.
Offers In Excess Of £200,000
Viewings Now Available
📞01737 400 096
✉️ hello@monochromehomes.co.auk ...
Winchcombe Road , Carshalton 📍
Another beautiful listing by Monochrome Homes.
A total of 22 off market viewings booked for our open day on Saturday 30th April. Using our extended database of clients is vital in securing the best possible price for our vendors.
Looking to sell your property ? Call us and let us do what we do best!
📞 01737 400 096 ...
Ellis Road , Old Coulsdon 📍
Guide Price £425,000-£450,000
We have over 40 viewings booked spread across 2 open days for this property.
Unfortunately viewings on this property are now fully booked but if you have something similar you are looking to sell please do get in touch as we have ample buyers registered looking to move.
We anticipate this going way over asking price and look forward to securing our vendors a fantastic offer.
Watch this space….. ...
TO LET- Croham Road, South Croydon 📍
Available and ready to move into sits this two bedroom apartment with private entrance recently renovated to a high standard.
Available For Viewings Immediately
Call 01737 400 096 ...
Coming soon…..
Register your interest now.
Price - Offer In Excess of £550,000.
📞01737 400 096
✉️ hello@monochromehomes.co.I’m ...
For Sale - The Greenway, Oxted 📍
Presented to the market chain free is this 1 bedroom ground floor maisonette situated in Hurst Green, Oxted.
Price: £200,000
Viewings now Available.
📞01737 400 096
✉️hello@monochromehomes.co.uk ...
Last Chance Opportunity.
Monochorme Homes x Bellview Group are proud to present the last remaining unit at their Oakview House Development, Sanderstead.
Plot 9 offers two bedrooms and two bathrooms with private terrace. The development exudes style and privacy with luxury, comfort and space at the heart of it.
The unit is the last available on the government’s Help To Buy Scheme at 40%
Price On Application- Enquire Now ...
SOLD - Shepherds Way, South Croydon 📍
Monochrome Homes are delighted to have secured our vendors a fantastic offer of £25,000 over asking price.
We generated 34 enquires on the property with 18 viewings taking place on the open day booked last Saturday.
If you are looking to sell your property get in touch and be apart of our great achievements.
We cover South London & Surrey.
We are where you are!
📞 01737 400 096
✉️ hello@monochromehomes.co.uk ...
Find us in @tandridgeindependent
Available in most local newsagents and local shops.
Thank you @tandridgeindependentjourney for the coverage.
#monochrome #homes #estateagent #localbusiness #supportsmallbusiness #soperhallcaterham #caterham #surrey #discount #property #spring #daffodils🌼 #thepictureofproperty ...
An amazing grand opening event with friends and family.
Thank you to everyone that attended and showed their support 🖤
Special thanks to @boescakes for delicious cupcakes and brownies. @napolionwheelsuk for incredible pizza’s and @tandridgeindependentjourney x @saraholiviaphotography for covering our event with fantastic photography for our up and coming press release in the @tandridgeindependent
It was an absolute privilege to have the one and only @ajnumber8 cut the ribbon for us. Thank you Mr Johnson.
On behalf of the Director’s at Monochrome Homes we would like to thank each and every buyer, vendor & client for the opportunity they have invested in us since launching our business only 12 months ago.
We look forward to growing our brand and business and aim to provide a professional and bespoke service for our community, one that would warrant thrilled recommendations all round.
Everyone is welcome to our official launch on the 4th April at our new office - 5c High Street Caterham , CR3 5UE from 12pm
Monochrome to the moon 💫 ...
Shepherds Way, Selsdon, South Croydon 📍
18 viewings already booked for Saturday’s open day.
Guide Price £425,000-£450,000
Only a few slots left.
📞01737 400 096
✉️hello@monochromehomes.co.uk ...
The news is finally out🎉🍾
We are so excited to announce the launch of our brand new flagship office in Caterham, Surrey.
We look forward to welcoming you all. ...
Oakmont Close , Kenley 📍
Monochrome Homes are delighted to have secured a buyer for @bellviewgrouplimited on one of their prestigious units at their Oakmont Close Development in Kenley.
There is now 1 last unit remaining.
Viewings available this weekend
📞01737 400 096
✉️ hello@monochromehomes.co.uk ...
Hartley Down, Purley 📍
Located in the popular 'Hartley' area of Purley is this beautiful five bedroom detached new home offering an abundance of accommodation and is ideal for growing families.
Guide Price - £725,000
Viewings Now Available
📞 01737 400 096
✉ hello@monochromehomes.co.uk ...
Monochrome homes are proud to present our collaboration with @bellviewgrouplimited on the final unit of their newly developed site consisting of 8 luxury townhouses situated in the heart of Kenley.
A rare opportunity to aquire this three double bedroom two bathroom townhouse which stands on a new private road situated in the heart of Kenley.
Guide Price £600,000.
40% Help To Buy Available
Please call to arrange your viewing for the open day on Saturday 19th February.
Viewings strictly by appointment.
'At Bellview Group , we pride ourselves on building prestigious, beautiful new homes' 'Designing very home like its our own'
📞 01737 400 096
✉ hello@monochromehomes.co.uk ...
Depot Road, Epsom 📍
Asking Price - £235,000
Located in a quiet residential road this one double bedroom apartment offers a great opportunity for those who wish to take their first steps on to the property ladder.
Offered to the market with no chain the property is now available for viewings. ...
The Launch Of Monochrome Homes Lettings & Property Management 🏠🔨🔧
If you are looking to rent your property and are in need of a tenant call us.
If you already have a portfolio of properties that need to be managed call us.
We provide a comprehensive and competitive service throughout. If you are already with another agency we can beat their management fees.
Monochrome Homes Lettings & Property Management.
Call Us To Discuss Your Property.
📞 01737 400 096
✉ hello@monochromehomes.co.uk ...
Let Agreed In 2 days....
Our first letting property has been a success securing the landlord a long term tenant in just 2 days.
There is an urgent need for rental properties within the local vicinity and who could be better in securing you a tenant than Monochrome 🏠
Contact Us To Discuss Your Property Today
📞 01737 400 096
✉ hello@monochromehomes.co.uk ...
Copyright 2020, Monochrome Homes | Designed By Media & More
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |