Gathering the right documents for your Solicitor at the start of selling your house could save time, delays and expense.
- Providing your identification documents (ID) and instruction forms quickly will enable your solicitor to open a file for you and conduct their compliance checks.
- Gather your funding information at the outset. Solicitors are required by the Money Laundering Regulations to check all sources of funds and to establish their client’s source of wealth. Ensure your paperwork is in order with proof of your funds as soon as possible.
- Title deeds. You may have a bundle of old looking documents relating to the property which are likely to be your title deeds. They may be tatty but they could hold great importance.
- Property amendments documents. If you have installed a new boiler, windows, electrics, extensions, alterations, they all usually require consents and certification.
- Covenant consent for alterations. It may be written in to your deeds that you require consent to alter or amend the property. These documents are usually provided by a rent collector, freeholder or management company.
- An Energy performance certificate (EPC) is a legal requirement and is required for any property sold in the UK. The certificate is renewable every 10 years or where work is carried out under the Green Deal.
For missing documentation – don’t panic – you may be able to obtain copies for a small cost, gain retrospective consent, or obtain indemnity insurance to allow the transaction to proceed.