Every seller wants the sale to proceed smoothly, efficiently and without any delay; which is very good! But there is always potential for unforeseen problems that may arise at the time of agreement. However, the seller can minimise such problems to achieve his set objectives. Here is how you can do it:

Prepare a list – To start with, make a list of matters considered to be of importance in the sale. Even solicitor will do the same, but having both solicitor and seller carry out checklists will help in getting a binding contract and will minimise the risk of any matters being overlooked until the day before completion.

Bank’s consent – If the property is subject to a secured loan, the consent of the security holder will be required to release the property from the secured loan. Make sure at the outset that consent will be given.

Prepare property for inspection - It is common for inspections to be carried out on the property by a range of public authorities to assess its compliance with environmental, health, hygiene or fire regulations. If there are any defects rectify them before inspections are carried out.

Building alterations documents - Since such alterations will usually be apparent to the purchaser’s surveyor, it is best to obtain outstanding building documentation before inspection, which requires the approval of the local authority.

Tax implications – It is important for the seller to know whether Value Added Tax is payable on the sale price or whether any capital allowances apply to plant and machinery installed in the property.

Part property for sale – If you’re planning to sell only part of the property, then consider arrangements for services, common parts of the property and access and repair rights and obligations.

Documentation in place – Know exactly where to find all documents relevant to the sale, as the purchaser’s solicitor will usually ask for them, for instance, licences, building warranties, repair guarantees, insurance papers…