Spring is a popular time to sell property – and with good reason. Lighter evenings, blooming gardens, and an active housing market make it an ideal season for a fresh start. But before you start booking in viewings, it’s important to make sure you’re legally ready to move.
Conveyancing expert Leigh Bassinder, based at our Barnsley branch, shares her advice on how to get everything in order and avoid delays once your home goes on the market.
Make Sure You Have the Right Paperwork
One of the first things your solicitor will ask for is evidence that you’re the legal owner of the property. Having your property title or deeds ready to go is essential. If the home is still mortgaged, you’ll also need to provide details from your lender, including the remaining balance and any early repayment terms.
Other documents you may be asked for include recent property tax records, as well as any paperwork relating to a Homeowners’ Association (if applicable). Having this to hand now can save time later.
Understand Your Mortgage Position
Before you list your property, speak to your mortgage lender to understand how much you owe, whether there are early repayment charges, and how the process works if you plan to redeem the mortgage during the sale. Being clear on this upfront helps avoid last-minute complications.
Be Honest About Known Property Issues
Sellers are legally required to disclose known problems with the property. This could include issues such as, pest infestations, structural defects, past flooding, or mould and damp. Hiding or failing to declare known issues can lead to legal trouble after the sale – so transparency is key.
Your solicitor can guide you on how to properly document these disclosures and handle any concerns a buyer may raise.
Check for Capital Gains Tax Implications
If your home has increased in value since you bought it, you may be wondering whether you’ll owe Capital Gains Tax. In many cases, if the property has been your main residence, tax won’t be due – but it’s always worth confirming with a financial adviser or solicitor, especially if you own other properties.
Resolve Title Issues Early
Property title discrepancies – such as a mismatch in names or outdated ownership information – can cause frustrating delays during conveyancing. It’s a good idea to check that your title records are correct and up to date before listing the property. If something needs fixing, your solicitor can help you resolve it early in the process.
Be Ready for Buyer Negotiations
Most buyers will negotiate, and it’s not uncommon for them to ask for repairs, a price reduction, or specific conditions after their survey. Preparing for this in advance – both practically and mentally – can help you respond calmly and keep the sale moving forward.
Need Legal Advice About Selling Your Property?
Selling a home involves more than just finding a buyer – and being legally prepared can make all the difference. At Ison Harrison, our experienced conveyancing team can help you navigate the process smoothly from start to finish.
For expert local advice, contact Leigh Bassinder or Ellie Jepson at our Barnsley branch on 01226 337840 or email Barnsley@isonharrison.co.uk
