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Something that is a real pain for people when they are moving, especially if they have got a limited budget, is covering both the costs of moving, especially if they are moving into rental, as this means making sure you have the money for the bond, and the rental advance for the new property.
The problem you have got, if you are just using a traditional estate agent is that you will exchange contracts, go to completion, and the equity from your property that is left after the mortgage has been paid off will not get to you until the day of completion.
For example, if your property is worth £100.000 I can release up to £10.000 to you on exchange contracts, subject to there being enough equity in the property. The remaining amount will be paid to you on the day of completion once the mortgage is settled.
With there being a shortage of good quality rental properties on the market right now, having money available will enable you to pick the property that you want, get it reserved successfully, and then complete on your old property.
It also gives you flexibility in that you can actually have an overlap. For instance, you might have a lot of furniture in your old house, and you would like to have maybe a week or so of overlap from exchanging on your old property, to getting the keys to your new property, we are more than happy to do this too.
If you would like to find out more and book a valuation, please click on the link below or call our office number on 02920 501 001.
Kelly Tewkesbury: ★ ★ ★ ★ ★I contacted Mark in March, about needing to sell my house I owned with my ex husband, after the sudden passing of my him. The house was in an awful state, and beyond anything that I could afford to fix. Spoke to Mark and he put me at ease explaining that it didn’t matter what state of disprepair it was in, he would be able to help me out.
Michelle Smart: ★ ★ ★ ★ ★I first contacted Mark King in November of last year as I need to sell my house quickly due to a change of personal circumstances.
Sarah Patmore: ★ ★ ★ ★ ★I inherited a property that was challenging, & despite advice from a range of professionals I was struggling to know how to sell it.
Leanne Bessant: ★ ★ ★ ★ ★I did a lot or research before approaching Mark King Properties, A host of positive feedback gave me the confidence to call them, while I was contemplating putting my house on the market.
Sian Anderson: ★ ★ ★ ★ ★The best decision I made was to sell my house with Mark.
Carlie Harries: ★ ★ ★ ★ ★Mark and his team was very professional and kept us stress free within the purchase of our property.
Catherine Isom: ★ ★ ★ ★ ★I could not recommend this company highly enough.
David Vaughan: ★ ★ ★ ★ ★I need to leave this review because I can not find it in me to ignore such a fantastic company. Mark and his team have gone beyond excellent these past two months. My wife was diagnosed with stomach cancer at the end of March.
Damien Woodham: ★ ★ ★ ★ ★Couldn't recommend highly enough, Mark came out himself for our initial talk concerning the sale of our property. Since that time Nikki couldn't have been more attentive and helpful with every stage of the sale.
Josh Llewellyn: ★ ★ ★ ★ ★Excellent service from Mark and his team from start to finish selling my house. Mark initially visited the property and gave me a price I was happy with. The whole process was completely stress free and Mark also paid for all the solicitors fees. I would highly recommend
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Excellent service provided by Mark King Properties, very efficient and fast - Robert Tylor, Barry