Buying and Selling

Peter Alan is one of the UK’s most successful Estate Agents. Our success has been due to our continued commitment to delivering the best possible service to our clients whether they are selling, buying, renting or arranging mortgage finance.

With 23 offices covering South Wales our “one stop shop” delivers everything necessary to support you in either selling your property or guiding you through buying your home.

If you are selling a property we will give you an honest appraisal of its worth and assist you in selling your property with the minimum of stress. With offices open 6 days a week, supported by regular advertising and our interactive website, we will actively strive to find you a buyer. We can arrange a solicitor and also mortgage advice for you to ensure that you can move with confidence. Our professionally qualified mortgage advisers will research the whole of the mortgage market for you and recommend the most suitable mortgage for you – without charging you a fee for their services.
With our “no sale no fee” guarantee and our continued commitment to excellence, let us take the worry out of selling your house.

If you are buying a property we will actively match your requirements to our property database in your chosen area and short list suitable properties. In addition we will take the stress and confusion out of looking for a mortgage by providing you with a professional personal recommendation sourced from the whole of the mortgage market without charging you a fee. Our knowledgeable staff will be there to help you every step of the way from your first viewing to giving you the keys.

So, whether you are selling or buying – let Peter Alan’s professional staff guide and assist you through the process. By using modern technology and personal attention we will deliver a service that will keep you coming back to us.

Don’t take our word for it – put us to the test.

Buying a Property that is being sold by a Lender in Possession

You may find it helpful to know that if you are making an offer to buy a property which is being sold by a mortgage lender in possession, the sales process will be different to sales by private treaty.

• This is because having obtained possession through the courts, a lender owes a duty to the court and to the borrower to use it best endeavours to obtain the highest price available for the property in the open market.
• If you make an offer, it will typically take two working days or so before a lender can confirm whether the offer is acceptable.
• When the lender accepts an offer, it will usually be subject to contract and subject to the lender not receiving a higher offer from another buyer prior to legal exchange.  This is because the lender has a legal duty to accept any higher offer on behalf of the borrower.
• The lender will seek any higher offer by advertising the property (usually in a local newspaper or a property website) to demonstrate it has used its best endeavours to obtain a fair price.
• If no higher offer is received, your purchase will proceed to legal exchange.
• If a higher offer is received from another party, then this new offer will supersede your original offer.  You will normally be provided with an opportunity to raise your first offer should you so wish.
• Where Peter Alan acts for a lender in possession, we are acting in accordance with their instructions and following the lender's process.  This process can vary a little from lender to lender.
• As a buyer, you will obtain exclusivity to the property on legal exchange.

We hope this summary of the process is helpful and will be very happy to explain any aspects that are unclear.

For and on behalf of Peter Alan