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SELLERS

EXLA London are London’s first and only estate agent to specialise exclusively in selling ex-local authority properties. Based in Central London and operating London-wide, we are able to offer you the same service you would expect from your high street agent plus a lot more.

  • We have the right buyers, buyers who are specifically looking for ex-council properties.
  • We have a database of investors and property sourcing agents who we can proactively sell your property to from the moment you instruct us.
  • We know how to sell difficult to mortgage properties, we can even sell unmortgageable properties via our investor network and Auction capability.
  • You can be assured that your property will be our number one priority!

When it comes to choosing an estate agent to sell what is likely to be your most valuable asset, you don’t want to be with an agent who doesn’t have a clear strategy, the right buyers or a real passion for your property.

You have 3 options if you want to sell your property on the open market:

1. High Street Agents

  • Target market is high-value flats/houses which command higher fees.
  • Due to fee structure, ex-local authority properties are not prioritised.
  • High fee structure to maximise profit.
  • Long 10-12 week sole-agency periods.
  • Staff work to strict viewing and offer targets, leading to high fall-through rates.
  • Staff lack expertise to avoid ex-local authority pit-falls (lending criteria, major works, lease issues).

2. Online Agents

  • Business model based on gaining instructions over making sales.
  • Fixed, up-front fees means they are not incentivised to sell your home once it's on the market.
  • Value using online tools rather than local experience and knowledge.
  • Nationwide coverage means they retain no database of local buyers and investors.
  • Attended viewings and conveyancing assistance charged as 'extra services'.
  • High fall-through rates and regular price reductions.

3. EXLA London.

  • Specialists in ex-local authority properties.
  • Specific expertise in London ex-local authority leases, clauses, section 20's.
  • Avoid costly fall-throughs, years of experience with lender criteria and lease issues.
  • Extensive database of buyers and investors specifically looking for ex-local authority properties
  • No sale, no fee model. Fixed fee that you only pay upon completion.
  • All offers qualified by an experienced, independant mortgage advisor with experience in ex-locals.

Frequently asked questions

Who pays for the photos?

We provide high quality, professional photos and floor plans at no cost to you whatsoever.

Who conducts viewings?

We do all the viewings and open days.

How do you do valuations?

We can give you a rough guide without seeing the property, for a more accurate valuation our Sales Director will visit your property.

What is a property sourcing agent?

A property sourcing agent is somebody who works on behalf of clients who are looking to buy property (as a buy-to-let investment) but are time poor, based overseas or want professional guidance.

An online agent will market my property for 12 months, do you offer the same?

Most definitely not! The London property market is so buoyant and fast paced that you shouldn’t be on the market for more than 8 weeks if you want to achieve the best price. Offering such a long marketing period is a negative proposition and only shows they have no plan/strategy/buyers for your property or the skill or experience to advise you on the correct marketing price. We offer an 8 week contract.

What area do you cover?

We cover all of London within the M25.

Got another question for us?

Why not give us a call on 020 3328 0377, and we'd be happy to help you out. Alternatively, you can email enquiries@exlalondon.com

What our customers say