FAQs

Auction FAQs

How much does it cost to sell at an auction?

When you choose Dowen there’s no agency fees to pay because the deposit paid by the buyer is retained by us and pays for our services as well as the Great North Property Auction. Legal fees are required and are £445 which includes preparing the auction sale pack.

What if my property doesn’t sell?

There’s nothing to pay to us in the situation where your property doesn’t sell, you will be liable for any legal costs that you’ve privately agreed to with your solicitor.

What are the best properties to sell at an auction?

This tends to be popular properties where lots of buyer interest is expected, as well as those properties where sellers require a quick and secure sale, those properties that need are in need of an upgrade as well as land for building on.

How do I sell my property at an auction?

Simply call Dowen today, one of our valuers will value your property on a no obligation basis and we can discuss your requirements. Call in at our local brand or book online.

Selling FAQs

How much does it cost for a valuation?

It’s free, the team at Dowen provide free no obligation quotes as well as all the information you may need and we can answer any questions that you may have. Simply call our team today.

How much are the selling fees?

We consider our customers and only offer competitive selling fees, we can discuss the price and then advise the best way for you take it to market. For more information on our selling fees, please call our team today.

What’s difference about selling my property with Dowen than another estate agent?

At Dowen Estate Agents we provide a no obligation free valuation and a friendly team of experienced valuers. We’ve been selling products for decades and have all the necessary experience to ensure that we provide you with the best service possible.

Buying FAQs

How do I make an offer on a property?

There’s a range of things that need to be taken into account when making an offer, this includes if any repairs are required, how is the property priced and is the property is high demand with many buyers bidding.

Do you provide property surveys?

Yes we do, at Dowen we can offer a private survey once you’ve applied for a mortgage off a lender, our surveyor will inspect the property and consider a range of areas including damp proofing, wall ties, electrics and a number of other things.

What does the buying process cover?

The buying process begins with viewing properties which you’re interested in, once you’ve found a home which you’re interested in, you can make an offer. Our team can provide advice when it comes to making your offer, next you can request a survey and then instruct solicitors to carry out the conveyance, after this you’ll be ready to exchange contracts.

Letting FAQs

What do the landlord services include?

At Dowen the landlord services we provide include both management services and tenant finder services. For more information, simply call our team today.

What do management landlord services cover?

Our management services include completing documentation and managing the property on a day to day basis for a monthly management free. This service involves dealing with the day to day needs of the tenant, attending to repairs and other related matters.

What are tenant finder services?

We find the tenant and then complete the paperwork to prepare for the lease, you will then manage the property thereafter yourself. This service is suited to those who have a experience on land lording and dealing directly with tenants.

Renting FAQs

What do I need in order to rent a property?

Should you be interested in renting a property out with Dowen, we require proof of identity, references, bank statement, salary slips, proof of previous mortgages or tenancies and you will also need to complete an application form.

Are there any initial costs to rent a property?

The set up fee is £255 at the time of application, if the application is declined then we will refund this amount. If the application is accepted but you decide to not go through with the rental property, then set up fee will be retained by us.

In the instance my application is accepted, how do I proceed?

Before a property is occupied a tenant will need to pay a minimum of 1 months rent and a bond or damages deposit this will usually be equivalent to the minimum of 1 month rents.

Survey FAQs

Why should I have a survey carried out?

When it comes to the purchase of your home, it’s generally regarded as the biggest financial outlay that you’ll ever make and most mortgage lenders will insist on at least a basic valuation before your purchase, a survey provides more insight into the condition of the property and whether it’s a worthwhile mortgage risk.

What’s a RICS Homebuyers Report?

The RICS Homebuyers survey is designed specifically as an economy professional survey and is a cost effective way to minimise risk.

What’s a Building Survey?

A Building Survey is more expensive than a RICS Homebuyers Report and will be suitable for any residential property, it will include a comprehensive picture of the property’s construction and condition.

Solicitor FAQs

How much does a conveyance cost when selling a home?

At Dowen we provide a flat conveyance rate on properties we’re selling on your behalf, this is priced up to £1 million and the fee is £474.

How much does a conveyance cost when buying a home?

The conveyance fee when buying a home depends on the cost of property and the cost of the stamp duty.

What is stamp duty?

You must pay stamp duty if you buy a property or land over a certain price in England, the threshold is £125,000 for residential properties.

Should you have any futher questions, feel free to contact our team today for more information.