You are likely to find the conveyancing process much more complex and demanding. The requirements have changed in relation to Freehold Rent Charges and if you live in a flat there are now rules around fire safety and cladding to name a few! You will find much more information is now required to sell your home and it pays to make sure your paperwork is in order.
So what should you do to ensure your property is ready when you secure that buyer and start the moving process?
5 Points to consider before selling
- Changes to the Structure of the Property
Have you made any changes to the structure of the property which would have been subject to local planning and building regulations? Have a look for paperwork you received at the time from planning and building control, such as completion certificates and planning documents.
- Legal Title
The legal title to the property often causes issues. Dig out those old title deeds and ensure you give them to your solicitor as soon as possible in case your property is unregistered at the Land Registry.
- Rent Charge
Do you remember paying a minimal sum to a rent charge owner years ago? Did you pay a larger sum to redeem? Look for evidence, for example receipts or redemption certificates.
- Paperwork
Any changes to windows, doors, electrics , boilers or log burners that have been made in recent years will also have required building control. Look for your FENSA, ELESCA, GASSAFE or HETAS certificates and provide them to your solicitor.
- Selling a Leasehold Property
Due to recent changes in legislation following The Building Safety Act 2022 check to see if your property is a 'Relevant Building' from the outset and check to see if the Building has up to date Asbestos and Fire Reports.
There is much to consider when selling your home, not just tidying for that first viewing. Review your paperwork in advance to avoid unnecessary difficulties and delays with the conveyancing process.
For more information, please contact Jackie Roe in our Conveyancing team on 07909 683 483, or complete the form below.