Buying a home often takes a great deal of time and patience, but understanding the essential documents involved can help speed up the process. Here are the 11 key documents that you will need if you’re buying a home.
Proof of address and ID
You’ll need to be able to prove your identity and your address to start the buying process. You should be able to use a photo ID such as a passport or driving license to prove your identity, and you can use a bank statement or a utility bill as proof of address.
These documents are essential for Anti-Money Laundering checks, so make sure you have them ready and that they’re all up-to-date.
Fittings and contents form
The fittings and contents form, also known as the TA10 form, sets out which fixtures and fittings will be included in the property sale. As a buyer, it’s vital that you read the TA10 form carefully and make sure you’re happy with everything the seller is leaving or taking with them when they move out.
Related: The documents you need to sell a house
Title deeds
Title deeds show you own property and document the history of who owned it before your arrival.
Usually, since most Land Registry records are digital now, these won’t be hard copy records. Within a month or two of completion, your solicitor should provide a copy of the registered title displaying you as the “registered proprietor”.
Related: What to expect on completion day
Survey
A survey report is crucial as it assesses the condition of the property. It helps identify any structural issues or potential repairs needed, giving you a clearer picture before finalising the purchase.
Stamp Duty receipt
Stamp Duty Land Tax (SDLT) is payable on properties over a certain price threshold in the UK. The receipt serves as proof of payment and must be filed with HM Revenue and Customs (HMRC) to complete the property transaction legally.
Property information form
This form, completed by the seller, provides essential details about the property such as boundaries, utilities, ongoing disputes (if any), and fixtures and fittings included in the sale. It helps prevent misunderstandings post-sale.
Copy of the lease
For leasehold properties, obtaining a copy of the lease is crucial. It outlines the terms of the lease agreement, including ground rent, maintenance responsibilities, and any restrictions or obligations affecting the property.
Related: The ultimate guide to selling a leasehold property
Warranties
If the property you’re buying is newly built or recently renovated, warranties for building work and installations (like plumbing or electrical systems) ensure that the developer or builder is responsible for rectifying any defects within a specified period.
Indemnity insurance
Indemnity insurance protects against legal defects in the property title that may arise, such as missing planning permission or building regulation certificates. Lenders often require it to secure the mortgage, so you’ll likely need to take out indemnity insurance if you’re buying a house.
Management pack
For leasehold property sales, the management pack includes essential documents related to the management of the building or estate. It covers service charges, ground rent, and other relevant information managed by the freeholder or managing agent.
Energy Performance Certificate (EPC)
An EPC rates the energy efficiency of a property, providing insight into its environmental impact and potential running costs. It is legally required for most properties in the UK and must be provided by the seller.
You can gauge from the home’s EPC rating how much you’re going to be spending on monthly utility bills, and you can also decide if the home needs any renovations to improve its energy efficiency.
For more information, Contact your local Parkers branch
