Conveyancing Solicitors in Clarkston

The first stage of the process, once you have found a property you like in Clarkston, is to contact us. We will ‘note interest’ on your behalf to the Estate Agent. The Estate Agent will inform us as to whether there are any other notes of interest or potential purchasers and whether the property will go to what is called a ‘closing date’.

In Scotland, a closing date is normally set once the Estate Agent receives three formal notes of interest. However, on occasions where there are not multiple offers, a closing date will not be set. Instead, we would submit a formal offer on your behalf which, if accepted, would result in the entering of ‘missives’ (formal contract).

Offers Over System

Scotland operates what is called an ‘offers over’ system when purchasing a property. The seller is required to undertake a property survey (Home Report) prior to marketing their property for sale (unless it is a brand new house). This survey will include a market value for the property. Depending upon the market at any time and the number of interested parties, the house may sell for higher, or lower, than the stated market value. We can advise you, based on our market insight and experience, what we would expect a house of that age, type, character and location would go for.

Selling a Property in Clarkston

In Scotland, before any house can be marketed, the seller must undertake a survey (home report) for the property unless it is a brand new build. We have a working relationship with multiple surveyors and can instruct this on your behalf, if required. We can market your property and undertake the Estate Agency element of the process.

Upon receipt of the home report, it will have a market value as to what the property is worth. In Scotland, most houses are sold via an ‘offers over’ process, however, some houses are sold on a ‘fixed price’ basis. Offers over would usually be set at a value lower than the market value as an open invitation to invite offers. We are happy to advise you on this.

It is worth noting that home reports last for a duration of 12 weeks after which they require to be ‘refreshed’ to ensure the survey reflects any changes in the market and/or the property itself. If you are looking to sell your home in Clarkston then please contact us today. We would be happy to assist you and answer any questions you may have.