realising value …the
effective way to manage the sale of repossessed properties
our specialisation
Marketing repossessed properties is a specialised business
demanding expert property management and sales skills from
pre-possession through to completion.
We provide a comprehensive marketing service focused on
achieving the very best price as quickly as possible in the
most cost-effective way for our clients. We service all sectors
of the lending market; providing tailor made solutions both
to clients with in house management teams and those with
no specific “in house” resource, always matching
service with need.
possession of the property
- Full pre-possession liaison service.
- Experienced contractor teams instructed to attend at
possession.
- Works tailored to individual client
- requirements, normally lock change, drain down, cleaning,
garden works and rubbish clearance.
- Confirmation of possession sent on day.
- Within 48 hours of possession a comprehensive maintenance
report is prepared including digital photographs and full
chattels inventory.
valuing your property
- Valuation surveyor appointed from our own or client
designated panel on day of possession.
- Provision of a range of valuations including market
value, projected market value and recommended asking price
- Specialist reports instructed where required i.e. structural
engineers, timber and damp reports etc.
- Valuers are required to adhere to strict turnaround
times.
choosing the right estate agent
We choose the best local estate agent to market your property
to ensure:
- Detailed knowledge of local residential markets across
the UK.
- The suitability of the estate agent based upon the type
of property, agent’s performance and the coverage
provided by the agent’s local branch.
- Constant monitoring of estate agents, recording their
performance against key criteria.
marketing your property
- Throughout the marketing campaign, we keep you informed
of progress and make recommendations to advance the sale
of the property.
- We contact estate agents every week to make sure that
the property is being given the widest possible exposure
to the market.
- Estate agents provide us with the following written
reports:
- Number of viewings
- Prospective purchaser’s comments
- Placement of advertisements & results
- Local market conditions
- Comparable local property sales
- Asking price recommendations
property visit programme
- It is important that we monitor the condition of your
property throughout the marketing campaign.
- We will make sure that the agent visits the property
weekly after it has become vacant.
- Independent “mystery buyer” schedules can
be arranged.
maintaining your property
It is our responsibility to maintain your property once
it has become vacant. We will, where applicable:
- Maintain the gardens.
- Clean the properties.
- Remove any junk mail.
- Attend to any emergency maintenance or security issues.
driving the sale
- Once
a sale has been agreed it is our responsibility to ensure
exchange of contracts and completion are achieved as quickly
as possible.
- Our account team will liaise with the estate agents,
surveyors and solicitors.
- We will chase the mortgage and conveyance process to
minimise delays.
management Information
- We provide you with pertinent management information
tailored to your needs.
- Electronic and hard copy management information
is complemented by face to face reviews.
- Reports include individual caseload summaries
and consolidated overviews of your portfolio, incorporating:
- Current asking price
- Recommended asking price
- Number of viewings
- Offers received
- Details of advertising
- Property condition
- Viewers comments
- Market observations
- Key event reports
invoice processing
- Our accounting services will reduce your administrative
burden and audit trail.
- We pay third party invoices on your behalf.
- Expenditure reports and reconciliations are provided
for your records.
services to complement an ‘in-house’ team
- All services fit with specialised in house teams
offering you a service that is designed to work with your
existing
operation.
- We provide accurate market analysis of local
market conditions and expert marketing recommendations.
- We have an in house contractor management operation
- Countrywide Property Care delivering a full maintenance
and emergency
service.
- As a consequence of the volume of repossessed
properties that we sell each year, we are able to pass
on the benefit
of our service agreements and volume discounts to
you, regardless of whether you wish to purchase our full
management service.
Countrywide Repossession Solutions is a division of Countrywide
Corporate Property Services Limited a subsidiary of Countrywide
PLC.
Registered Office: Waterloo House, 40 Baker Street, Weybridge,
Surrey KT13 8AR
Registered in England No. 5257193
VAT No. 212 5511 12 |