When selling a property, there are several factors to consider and paperwork that you have to provide in order for the selling and purchasing of the property to be legal. Examples of paperwork that needs to be required will relate to details about the property itself and if there have been any modifications or if it’s being owned on a freehold or leasehold basis.
The most obvious documentation that you need to provide initially to your residential conveyancing solicitors is your ID. From here, there will then be other forms of documents that you need to provide from a legal stance:
Energy Performance Certificate
This document will provide your buyer with how energy efficient the property is and the impact this has on the energy costs of the property. This will give them an indication of the expected amounts of energy costs they need to pay. The document also provides recommendations on how the property could be made more energy efficient.
An estate agent can arrange for this document to be produced for you but there will be a fee required in order to obtain it that you’ll be applicable for. It’s worth noting that these documents are valid for up to 10 months. After this they would need to be re-issued.
Proof of Address
As well as your ID, you’ll also be required to provide proof of your address. This will likely involve providing at least 3 forms of ID such as your driving license, passport and bank statement or utility bill from your previous address.
Property Title Deeds
Title deeds are essential when it comes to the sale of a property. Not only do they prove the ownership of the property but it also provides further details on planning and building regulation documents and insurance policies. Without deeds, it’s unlikely that you can progress with the purchase of the sale. Registered properties haven’t been compulsory since December 1990, which means any property provided before that date could be unregistered. If this is the case, you may need unregistered title deeds to prove ownership.
Fitting and Contents Form
This is important is it’s essentially an itinerary of what elements will be left in the property once it’s purchased. This helps to ensure that there are no disputes between the seller and buyer when they go their separate ways. It covers everything from cupboards and kitchens to freestanding furniture and curtains.
Property Information Form
The property information form does exactly what it’s called. It provides all the detailed information about the property and will help the buyer to make a decision on whether or not to go ahead with the purchase. If any information is found to be false on the form, the buyer can put a claim against you or refuse to make a purchase of the property. This could be quite costly for you as there will then be other factors that you’d need to consider such as hiring a dispute resolution lawyer and potentially paying compensation to the buyer.
This list isn’t completely exhaustive, but it does provide the information on the most important documents that you need to obtain before making a purchase of a property or selling it. If there are any questions that you have, you can be sure that the legal side of the purchasing is covered.