The stamp duty holiday has led to a surge in activity for the housing market in the last few months. Whilst this activity has been welcomed in the aftermath of the lockdown, the rapid increase in the number of property transactions has put pressure on many of the supporting sectors.
To avoid hold-ups it is always advisable that sellers have all their documentation ready so that when it is asked for by your buyer’s solicitor there are no additional delays. This is particularly the case for those properties where there might have been recent building works or home improvements.
Whilst the trend for home improvements continues, it’s worth remembering that the show stopping kitchen extension or beautiful new log burning stove that helped to sell your property so promptly could also be the thing to put it in jeopardy if the correct paperwork isn’t available.
As people continue to enthusiastically extend and renovate their homes it is crucial that they hold onto the paperwork so that when the time comes to sell, requests or questions can be dealt with swiftly.
There are some key requirements that are likely to be flagged during a sale process if work has been undertaken and whilst this isn’t an exhaustive list, it does flag some of the normal items a buyer’s solicitor might ask for.
Gathering this information during the sale process can be stressful, particularly as it can create timely delays if it isn’t readily at hand. Checking your paperwork before you sell your home makes for a much smoother process and ensures that with the help of your solicitor any potential problems can be anticipated and dealt with swiftly.
For more information on conveyancing contact Kelly on 01423 566 666 or email: firstname.lastname@example.org
Published on 9 October 2020