• A photo ID (passport or drivers licence) AND proof of address (for example a utility bill or bank statement but they must be no older than three months)
• A copy of your title deeds (if you are selling)
• A copy of your EPC (energy performance certificate)
• A complete fittings and contents form
• A complete property information form – Plus any documentation referenced in this form
Can’t I just do my own conveyancing?
Some people attempt to do their own conveyancing to save money but often this can end up being more costly. You need to have someone who can address any issues because more often than not a sale or purchase isn’t straight forward and you can’t anticipate what problems may occur.
Someone needs to be able to act on your behalf if things such as:
• Land boundaries come into question
• Changes which were made without planning permission are discovered
• If you’re faced with issues over agreement with the exchange of contract
• Checking through the title documents
A solicitor will move things forward for you if the other party is stalling and will be able to highlight any warning signs which are buried deep in all the documentation which comes with buying and selling.
Taking care of your own conveyancing comes with a mountain of paperwork and you have to be prepared to navigate legal jargon.
A solicitor will ensure all of your wording is correct so you don’t end up giving up warranties which is a risk if the response isn’t worded right. If a mistake is made in your correspondence, the other party’s solicitor could take advantage and it could result in you being sued.
Another point to consider if you’re a seller, is that the buyer’s solicitor will always prefer to send money to a valid solicitor’s account rather than direct to the seller to protect against money laundering regulations.
What is a deed of covenant and why does it matter?
A deed of covenant means an agreement is in place so you (the property owner) must perform certain obligations. This can be in the form of paying a regular amount of money to a third party or limiting the use of the land. This is transferred over to each new buyer.
If you’re selling a property that has an existing deed of covenant a draft contract must be provided to the purchaser’s solicitor. It can be off-putting to a buyer so it’s best to be transparent and provide this early on, offering as much information as possible. If you wait until you’re further down the line it could cause complications, slow down the process or even cause the buyer to pull out.
Need more help and advice? Our Conveyancing Solicitors can guide you through the process. To arrange an appointment please contact us on 01270 624225, alternatively please email email@example.com