Frequently Asked Questions

Will I get full market value for my property?

It is very unlikely that we will offer you full market value for your property. McEwan Fraser normally offers between 70-95% of an independent surveyor's valuation, however, when property prices are unpredictable it is sometimes better to get your house sold quickly, safe in the knowledge that you can purchase your next home.

McEwan Fraser Investments has access through McEwan Fraser Legal to a huge number of owner occupiers who might be interested in buying in your area, and as such we may be able to find a buyer who can offer closer to the market value.

Please note: Our offer for your property is based upon an independent surveyors valuation and not an estate agent's estimated value. We are happy to accept a recent valuation (in the last three months) of most reputable surveyors. Many estate agents valuations will normally be optimistic as they want you to use their firm to sell your house and the best way of getting a listing is telling a seller what he/she wants to hear about the value of their home.

Remember, if you sell your property on the open market you will still have to pay estate agency fees, marketing fees, advertising costs and legal fees and there is still no guarantee of you achieving a sale of your home or at the price you want.

What price should I ask for my property?

You need to decide what is the lowest price you will accept for your property. Many sellers tend to ask for more for their property than they really would accept. Consequently McEwan Fraser may not be able to progress these enquiries.

Do I need a Home Report (HIP)?

McEwan Fraser have no interest in a home report from the seller if you sell your property privately to our company, as we will instruct our own home report survey, at our expense, before we buy your property.

There is nothing in the legislation that we can see that if McEwan Fraser approached you to buy your property privately that you actually need a home report, as you are not in fact marketing your property. You should, however, always check any changes to the legislation with your ESPC or GSPC solicitor.

In any event, if you sell your property to McEwan Fraser when it is on the market we do not need, or have any interest, in your home report as we will instruct our own survey report.

Do I have fees to pay to McEwan Fraser?

There are no fees, no costs for a home survey, (unless you instruct your own survey), no commissions or hidden costs of any kind. We can sometimes even pay your legal fees. We can also arrange for a solicitor on our panel to deal with you. However, we prefer if you appoint your own solicitor.

What happens if my property is in poor condition?

We are happy to consider properties that require minor or a major refurbishment.

Do I have to leave my property?

We are not authorised to enter into sale and lease back contracts, and any offer for your property will be subject to vacant possession.

My property has tenants still in place.

This is not a problem as we have vast experience in taking over properties with tenants still in place. Tenants don't even have to know the property is being sold as we take care of all the legalities. McEwan Fraser are property investors so we actually prefer properties with tenants in place.

Do you buy all types of property?

No, we don't buy all types of property, however if your property is not of interest to us we will let you know almost immediately. The main factor for McEwan Fraser when deciding to purchase a property is for the seller to be realistic in their asking price, taking into account property market conditions, location and condition of the property.
We also prefer traditional properties as opposed to new builds.

Is the sale confidential?

Yes, selling your property through McEwan Fraser is completely confidential. We won't put a 'For Sale' sign outside your house and no-one needs to know about the property sale if you don't want them to.

How long does the process take?

We try to get deals completed in 21 days. Sometimes, however a deal can take longer if your lawyer has difficulties obtaining your title deeds or if there are complications with the missives. Also, 21 days may not suit the seller, but we are happy to take longer if required.

How does McEwan Fraser make its profits?

We sell a number of properties onto private investor clients or we simply put the property back on the open market, where we may earn a fee or more likely a trading profit from the transaction.

Am I committed to the offer you made?

No, you are not committed to any offer we make. However, if you enter into missives on your house through your lawyer and you conclude missives, then you will be committed to the deal under the Scottish legal system.

Will my personal details be passed to any third parties?

By completing our online form you permit McEwan Fraser to use your personal information to assist us in selling your property as quickly as possible. This may sometimes include passing that information to third parties to allow us to make an informed decision on your property.

We may keep your information on file for as long as we believe necessary or until such time as you ask us to remove your details.

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