Understanding the importance of documentation
Selling a property involves more than just setting a price and putting up a ‘For Sale’ sign. One of the most important steps in the process is ensuring that all your documentation is ready. Having your paperwork organised not only speeds up the sale but also helps avoid any complications down the line. Buyers want transparency, and having the correct documents available will give them confidence in their decision-making.
Title deeds and ownership proof
The first essential document is your title deed, which proves ownership of the property. If your property is registered with the Land Registry, obtaining an official copy of the title deed is relatively simple. This will provide details about the property and any rights or restrictions attached to it. If the property is not registered, you’ll need to find the original deeds, which may be held with your lender or solicitors.
Energy Performance Certificate (EPC)
An Energy Performance Certificate (EPC) is a legal requirement for all properties being sold. The EPC shows the energy efficiency of the property and provides recommendations for improvements. The certificate is valid for 10 years, so if you have an existing one, check that it’s still in date. If you don’t have one, you’ll need to arrange for an assessor to complete the assessment.
Fittings and fixtures list
When selling a property, you should prepare a fittings and fixtures list that details what will be included in the sale. This includes anything that is affixed to the property, such as light fittings, wardrobes, or kitchen appliances. Clarifying this in advance ensures there are no misunderstandings with potential buyers about what stays and what goes.
Mortgage information and other legal details
If you have a mortgage, you’ll need to provide mortgage details, especially if there is an outstanding balance. You should also ensure that you have information on any planning permissions or building regulations if you’ve made significant changes to the property. Having this information readily available shows buyers that the property has been well-maintained.
Ready to sell?
Once your documents are ready, you’ll be in a much stronger position to move forward with the sale. If you’re ready to list your property, contact us today for expert advice and to help guide you through the selling process.
