Looking to sell? Get paperwork ready now

April 2020   |   Home Page   |   Back to articles
Current government advice says people should only move home if they are moving into an empty property and all others should agree an alternative timeframe if possible.

For those looking to sell a property, getting it on the market is much more challenging than usual because of social distancing. It can potentially be done remotely – using photos, videos and virtual viewings - but you cannot let any visitors into your home, eg. estate agents, EPC assessors, viewers.

“For those who are thinking of selling, what you can safely use this period for – and the government recommends it - is to start gathering together all of the information you will need to provide to potential purchasers when the time comes,” says Property Perspective managing director John Jarvis.

If you’re going to be buying a brand new property from a housebuilder and decide to use one of their part-exchange or ‘agency assist’ schemes, then it’s possible that we will be instructed to help sell your current home. If we are, these are the main documents we’ll need:

  • Proof of identity (eg. passport, driving licence) and address (eg. bank statement, utility bill).
  • An up-to-date Energy Performance Certificate (EPC), which is now a legal requirement to market; we will check a property has a valid one and can arrange a new one if needed.
  • Any certificates, guarantees and warranties, eg. FENSA certificates for windows, confirmation of planning permissions and/or building regulations, damp proofing, subsidence, appliances, etc.
  • Any indemnity policies you may have received when purchasing.
  • If your property is leasehold, check the remaining term of the lease and confirm any charges.
  • If it’s leasehold, have the funds ready to request the management pack from the landlord once you have a buyer as some take a while to be issued.
  • Decide now what you want to take and leave in the property as your conveyancing solicitor will request you complete a Fixtures and Fittings form pretty much straight away once you instruct them.

“Using this time to hunt out and gather together all of the essential paperwork, will save time later and you’ll be in pole position to find a buyer and make a swift move,” John adds.

 

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