Essential Information You Need to Provide When Selling Your Home
Selling a home comes with lots of legal jargon, and difficult intricacies that can become costly mistakes without professional legal support.
Selling a home comes with lots of legal jargon, and difficult intricacies that can become costly mistakes without professional legal support.
The new year is here, a time for change, and the chance to embrace new opportunities. One of the major changes that many tend to take on in the new year includes selling a home, an exciting time and a huge milestone in people’s lives that can become tricky without the correct expertise.
In order to achieve a smooth, successful sale, you must make sure that you provide the correct information about your property, ensuring transparency for any potential buyers. Providing essential details and documentations will likely speed up the sale of your home, giving buyers confidence, and the peace of mind that they’re buying exactly what you’re advertising.
Having legal expertise on your side is a reliable way of ensuring that your home will be sold in compliance with legal requirements, and with accuracy. In the blog below, we explore the essential information that you need to provide when selling your home, and the perks of instructing us to help with your sale.
A key component of selling a property is being able to provide accurate legal and financial details. Providing this information will make the conveyancing process much more straightforward, reducing delays.
Documents, information that you will need to provide entail:
Energy Performance Certificate (EPC)
Mortgage Account Number - Applicable if your home is still under a mortgage
Charges and Disputes - Any altercations or legal disputes associated with the property must be disclosed as a requirement in the Seller Property Information Form.
Necessary Service Agreements - Applies to homes using communal facilities and spaces or where there is a management company.
Council Tax Band
Planning Permission and Building Regulations - Particularly applies to homes with extensions or alterations to the structure.
All of this information will be included in the Seller Property Information Form which you will need to complete. Failure to provide certain legal disclosures can result in the fall-through of a sale, or put you at risk of significant financial losses if the buyer takes you to court. When you instruct us, we will always ask for you to provide this information, having this ready early will save you both time, making for a smoother sale of your property.
If you’ve made any improvements or alterations to the property you’re looking to sell, it is important to include this information in the sale of your home. Common upgrades include a new kitchen, new windows and doors, or a change to the layout of your property. Including these features in the sale of your home not only provides transparency, but can also add to the appeal of your home, potentially resulting in a faster sale.
Similarly with upgrades, any significant repairs that you have undertaken on the building will have to be disclosed. This is due to the risk of the problem returning, which can deter buyers. Environmental hazards and material defects should also be mentioned.
You will also need to disclose any transferable warranties on compliances within the house, ensuring that future buyers are better protected from damage out of their control.
Fittings and Contents Form (TA10): Details of items included in the sale.
Property Information Form (TA6): Comprehensive details about the property, including boundaries, disputes, and services.
Energy Performance Certificate (EPC): Current energy efficiency rating of the property.
Planning Permissions and Building Regulations Certificates: For any alterations or extensions.
Guarantees and Warranties: For works carried out, such as damp proofing or window installations.
Leasehold Information (if applicable): Details of the lease, ground rent, and service charges.
Selling a home comes with lots of legal jargon, and difficult intricacies that can become costly mistakes without professional legal support.
When you choose our award-winning residential conveyancing team, you’re choosing reliability, transparency, and a stress-free process. We work closely with you from start to finish to ensure you get the best out of the sale of your home.
If you’re looking to sell your old home, and move into a new one, our team can also support you with this. Contact Clare, or a member of our Residential Conveyancing team to get started.
Email: Enquiries@freersaskewbunting.com Call: 01429 743300
