7 Things Sellers Need to Declare to Estate Agents About Their Home
There’s no denying that selling a home involves paperwork. When preparing to sell, you’ll need to declare various things to your estate agent. While you may be worried about having to share potential issues from the past, it’s important to remember that what you disclose won’t necessarily put buyers off. An old building can be seen as an ‘opportunity for modernisation’. Planning permission from neighbours can be recognised as ‘potential to extend’. Plus, a good estate agent can find the right buyer no matter the circumstances.
To prepare you for the sale, here are seven of the most important things you’ll need to declare to estate agents about your home.
1. What you plan to take and leave
When you sell up, you’ll need to complete a ‘fixtures and fittings’ form. This will tell buyers what you plan to take with you when you leave, and what will be left behind for them. It’s important to establish these things as early as you can, as it can be a top question asked at viewings.
2. Renovation work
While this is a legal requirement, it’s also a great selling point. If you’ve recently renovated the kitchen, had an extension put in, or remodelled the bathroom, then you’ll need to declare the renovation work to estate agents.
3. Planning permissions in the area
Usually, you’ll get a letter from your local council informing you about the planning permissions requested by your neighbours. If you’ve had one of these letters recently, or if you get one during the sale of your home, then it’s important you declare it to your estate agent.
4. Denied planning permissions
If you applied for planning permission yourself and it was denied, it’s important that you disclose what you applied for and why it was declined to your estate agent.
5. Disputes with neighbours
If you’ve had a long-standing dispute with any of your local neighbours, you need to tell your estate agent about it. They are obligated to inform prospective buyers about the issues you’ve had with the people living around you. While it may seem trivial, if a buyer finds out later that you lied, it can be a very serious issue.
6. Pests or Japanese knotweed
Even if it was a problem long ago, your estate agent will need to know whether there was a pest invasion in your home, or if you’ve ever experienced Japanese knotweed in your garden.
7. Green deal loans
If you have one of these loans, you’ll definitely know about it. It’s a government loan that allows you to make improvements to your property and repay the costs using your energy bill savings. If you move, these debts get passed on to the new owners, so it’s absolutely essential to declare them to your estate agent.
We’re here to help
Even though it may sound daunting, with our help, we can make the selling process as easy as possible for you. At Warren Powell-Richards, we provide expert help, guidance and support every step of the way.