If you are selling a property, you’ll need to supply some crucial bits of paperwork
Your ID and proof of address
The law requires conveyancers to obtain satisfactory evidence of the identity of their clients to meet with Money Laundering Regulations and help to prevent fraud.
ID fraud has severe consequences, so it is vital that your conveyancer is confident that you are who you say you are. You will probably be asked for at least three forms of ID (e.g. driving licence, passport, utility bill, bank statement etc.).
You’ll need the Title Deeds to prove ownership. The Deeds also come with a number of other crucial documents such as leases, mortgages, Wills, contracts for sale, planning and building regulation documents, licences, guarantees etc.
The majority of properties are registered, and so the legal title is held by the Land Registry. However, compulsory registration only began in 1990. If you’re trying to track down your original deeds, they could be with the conveyancer who acted for you when you bought the property, or possibly with your mortgage company.
By law, you must provide an Energy Performance Certificate (EPC) when selling a home. This provides potential buyers with information on how energy efficient the property is. It will also help them to figure out the expected energy costs.
Once an EPC has been produced it remains valid for ten years. However, if you have made any improvements to change the energy rating of a property (the EPC will list recommendations for doing so), you will need to get a new EPC. Your Estate Agent should be able to help you with this.
Property Information Form
This provides the buyer with detailed information about the property you are selling. It is essential that you complete this accurately and truthfully. Where you fail to provide the necessary information, or if you lie on a form, the buyer might be able to claim against you. Your Conveyancer will provide you with this form.
Fitting and Contents Form
This outlines exactly what will be left in the property when you vacate it. It ensures that there is no discrepancy between you and the buyer over what is or isn’t included in the sale. Your Conveyancer will provide you with this form.
Leasehold Property Enquiry Form
If you are selling a leasehold property, then your landlord or managing agent will have to complete a separate Leasehold Property Enquiry form. This gives the buyer all the information they need regarding the ground rent, service charge, buildings insurance, etc.