We often have people ask us how they can expedite a sale of their property. Of course there are so many different factors that can come into play – some of which will be outside of your control - but the one thing you can do to make a difference is to get your paperwork in order. In addition to checking your ID and asking for proof of address, your solicitor will need sight of your title deeds and you will need to provide your mortgage account number. Think about (and dig out!) all/any documents that the buyer’s solicitor might need to see, such as guarantees, boiler service paperwork, certificates for any new windows or electrical improvements etc.
If you have carried out any major works at your home, such as an extension or addition of a conservatory, you will need to let your solicitor know when the work was done and to supply any permissions or guarantees. Your solicitor can advise as to whether planning permission or building regulation approval should have been obtained – and they will check your title deeds to see if any restrictive covenants prohibit or restrict such works. If it turns out that your title deeds didn’t allow such work, or your builder failed to obtain the necessary consents, then it might be possible to take out indemnity insurance providing certain conditions are met. It goes without saying that it’s better to find out such information now, so that any issues can be addressed and your paperwork put fully in order.
So, if you are thinking about putting your house on the market this Spring, don’t forget about the all important paperwork when you are busy finishing off all those little jobs and re-decorating!
Anna Farquharson can be contacted by phone on 01603 724684 and by email at firstname.lastname@example.org.