Once you have made the decision to put your home on the market, you have the chance to put together all of the information that you will eventually be asked for when you come to sell.
It is now against the law to market a home for sale without a Home Information Pack (HIP). You will almost certainly need a professional to arrange this, as the pack needs an Environmental Performance Certificate (EPC), as well as other legal documents. This will have to be addressed before your house goes up for sale.
But there are other useful documents, too, some or all of which you may be asked for by a potential buyer. The more things you have ready, the quicker a sale might go through… so the less chance there is of a prospective buyer getting cold feet.
Besides, finding things before you need them is much better than not finding them when you do! In particular, try and dig out the following:
- If you live in a leasehold property, find the lease, the details of the management company, and the costs of the service charges.
- Find any guarantees that may exist on work done to your home.
- Find any planning consents or buildings regulations approval information about extensions or alterations made on your home
- Find a council tax bill showing the band and cost
- If you have any of the documents from your own purchase of the house, these might be useful
- If you have instructions for inbuilt appliances, alarms, or the heating/water systems, find them
- If you have the installation dates and details of the installers, even if they are out of guarantee, this can prove very useful
- Make a list of the items you intend to leave. There is a Property Information Questionaire that has to be completed as a part of the Home Information Pack, so think about it before you out the house up for sale,
- Make a list of the utility suppliers – gas, electric, water, telephone, cable, satellite, broadband, satellite. Having bills to show is even better.
- Find your buildings insurance details
- Make a note of the location of the water stop-cock and the electricity fusebox