Solicitor Fees for Selling a House in Central London
There are some things a homeowner can do the DIY way, while others are best left to the professionals. Selling a home is one of them. Thi...
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It’s not an activity undertaken on a regular basis, so we expect questions from sellers of homes in Baker Street, Regent’s Park, Soho and across central London. One of the most common is ‘what paperwork do I need to sell my house?’
Sellers will need to provide a plethora of legally required documents. Some will be sourced by a solicitor, while others should be provided or completed by the seller themselves. Failure to do this in a timely fashion can delay a sale. As such, it’s sensible to know what paperwork for selling a house is required before you come to market.
Use our complete checklist for central London sellers to get organised.
It can feel overwhelming when you see a list of the paperwork required to sell your home but there’s good news. You won’t need to dig around in dusty vaults or libraries.
Most paperwork is now digital, easily accessible or obtainable after making a simple enquiry. Your solicitor can obtain more complex documents, such as title deeds. Sellers of leasehold properties in Central London will have another layer of leasehold information they’ll need to provide.
We’re currently shifting to a more ‘upfront information’ way of selling properties, which aims to cut delays. Some sellers are voluntarily gathering paper trails and documents ahead of a solicitor requesting them, which is sensible. In tandem, solicitors are routinely asking for information earlier in the conveyancing process.
Preparing paperwork ahead of your property being listed for sale will limit administrative delays but as a minimum, aim to gather documents before you accept an offer.
The required paperwork for selling a house falls into two camps: essential and potential. These comprise:
The most important documents to retain are: TA6, TA10, TA7 forms, title deeds and the completion statement. General advice suggests these should be held for six years. Your solicitor can give specific advice on timeframes, as well as information for leasehold or shared ownership sales. EPCs, EICRS, warranties and guarantees should all state how long their cover lasts.
Material Information asks sellers to disclose more information about their property before their home is listed for sale. Expect to provide documents that support:
Both solicitors will also need a mortgage redemption statement, if you have an outstanding mortgage.
There is plenty sellers can do to reduce delays, even before they appoint a solicitor. Getting utility bills, bank statements, photo ID, guarantees, warrantees and permissions together can all be done before booking a valuation with Kubie Gold. You can even obtain a copy of your title deeds quickly and cheaply online.
The more involved forms, such as TA6, TA7 and TA10, will come from your solicitor but don’t worry. Ask our team and they can answer any questions you may have regarding paperwork. We’ll also support you when preparing Material Information.
Let’s get your sale started – contact us if your property is in Mayfair, Fitzrovia, Camden, Maida Vale or anywhere else in Central London.
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