How many properties sold in TQ12 in the year to April?
The answer is 958.
What was the average selling price?
Actually, higher than you might expect: £248,128
Of the 958 sales, 353 properties were detached, and there were 71 flats, 239 semi’s and 250 terraced homes.
160 of the 958 were new-build properties and the remainder, 798, were resales.
The first ever electronic e-signature exchange of contracts for a residential property transaction in the UK has been completed this month, it has been revealed.
The exchange happened on Thursday April 6 at 15.59pm with the conveyancers and their clients at the offices of Convey Law using the Bonafidee e-signature facility to sign the contract for both the sale and purchase element of the transaction.
The system allows both lawyers to upload the agreed contract, which is then sent to the seller and the purchaser clients for them to sign electronically. The system provides confirmation that the document has been read and signed with a code taking the place of a signature.
Armed with both parts of the contract, and having acted on both sides of the transaction, Convey Law’s conveyancers exchanged contracts under normal Law Society rules.
“Agreeing contract terms is often undertaken over the telephone by conveyancers and, in many circumstances, the document that you receive from the conveyancer on the other side of a transaction can look very different from the contract that you have sent out” says Convey Law legal director Gareth Richards. But he says the system used in this first transaction allows for an agreed form of contract to be uploaded and then sent to the clients for them to sign.
“The e-signature requires confirmation that the client is who they say they are and hence proof of identity verification is always important as a prefix to this procedure.
This is definitely a significant step in the right direction in relation to e-conveyancing and we are delighted to have been a part” he says.
Technological advancements have quickly improved countless aspects of the daily lives of millions of people. These breakthroughs have helped every industry- with estate agency being no exception. It started with the use of websites to search for properties, and the next step appears to be the use of the latest camera technology.
The camera model comes from an American company and it has already been making waves across the Atlantic. The Matterport camera produces three-dimensional, photographic images which allow users to explore a property, going from room to room, using a mouse, keyboard or, on smartphones or tablets, a finger. Think of it like Google Street View but for the inside of property!
Check out this lovely property in Liverton.. without getting off the sofa!
Users can even have a Virtual Reality experience- as the technology supports the latest headsets and goggles. This takes the experience to the next level and creates the illusion that you are actually inside the home!
Regardless of what screen they are looking at, viewers are free to move at their own pace, follow their own route and look wherever they want.
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Chamberlains is an early adopter of this new technology and we are excited about the benefits it will bring to our customers.
We love the technology so much that we are giving away tours! If you ask us to market your home with Chamberlains we’ll produce a Virtual Walk Through of your home. Be one of the first! Call now quoting WTT when you book your appointment on 01626 365055. Hurry as this offer is only for a limited time!!