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When you sell a property in the UK you need to complete a number of forms and documents as part of the conveyancing process. Arguably the most important of these forms is the TA6, otherwise known as the Property Information Form.
When you sell a property in the UK you need to complete a number of forms and documents as part of the conveyancing process. Arguably the most important of these forms is the TA6, otherwise known as the Property Information Form. But what is a Property Information Form and do you need one to sell your property? If these questions are on your mind then look no further, we answer them and more in this complete guide to the Property Information Form.Â
In this article we’ll cover the most common questions related to the TA6 Form. Including what is the TA6 Form and what does it contain? Is the TA6 Form Mandatory and Legally binding? And what are the implications of filling out the TA6 Form incorrectly.Â
If you’re looking for a specific piece of information then use the menu below to navigate through the article more quickly. Otherwise, read on to become an expert on the Property Information Form!Â
The TA6 Form, otherwise known as the Property Information Form, is a form that is completed by the Seller to give the buyer critical information about the property. The form contains a number of important questions which must be answered honestly and in as much detail as possible.Â
The form is one of three standard Law Society forms that property Sellers complete when selling a property. The other two are the TA10 Form (Fixtures and Fittings) and the TA7 Form (Leasehold Information).Â
The Property Information Form covers a wide range of information about the property, including rights and informal arrangements, notices, proposals, disputes and complaints. But more on that later. In the meantime, you can download a sample TA6 Form by clicking here.
The TA6 is a detailed questionnaire for Sellers that covers a broad range of information about the concerned property. It is divided into 14 sections, each covering a different category. In this section we’ll give you a detailed overview of what’s contained in the TA6 Form and how to fill it out.
This section covers property boundaries (no surprises there!). It should include information about where they lie and any shared boundaries with neighbouring properties.Â
This section can include disputes with neighbouring properties regarding boundaries, and disputes with the management company if you have a leasehold property, or perhaps disputes with your Local Authority.Â
The TA6 will ask for an overview of your situation to let the buyer know about your onward plans and moving timeline.Â
The Property Information Form will include information regarding planned future developments in the area, and any correspondence with the local authority or neighbours.Â
This section of the TA6Â should include information about the cost to insure the property and whether there are any special conditions with the property that require bespoke insurance.Â
The parking situation of the property. It can include things like whether there is on or off-street parking, or any allocated spaces.Â
Information about any Japanese knotweed that could affect the property, potential flooding, and other environmental risks or matters. This section also references the energy performance of the property. The energy performance is measured by the EPC (Energy Performance Certificate) which rates how efficient a property is and must be provided when a property is sold.Â
This is particularly important for a leasehold property. It will include information like ground rent and service charges or the maintenance of the property.Â
This section of the Property Information Form should contain certificates for any extension or building work that has been carried out on the property that has required planning permission.Â
Any cover for work or objects on or in the property. Such as damp proofing, electrical works, underpinning, solar panels, etc.
Strictly speaking, no. The TA6 form is not a legal requirement to sell a property. However, most conveyancers or conveyancing solicitors will strongly advise you to complete a Property Information Form. The lack of a completed TA6 is seen as a red flag for potential buyers, even if there is nothing wrong with the property.Â
Filling out a TA6 Form is also a good decision from a practical point of view. Having all of the information about the property consolidated into one, structured form can prevent needless back and forth between solicitors. This ultimately reduces how long it takes to sell your house.Â
The TA6 is not a legally binding document by itself, but through the Contract of Sale it becomes legally binding. You will be buying the property subject to the matters that affect it, and it is the Seller’s responsibility to declare all of the information that they could reasonably know in the TA6.Â
The document should not be used as a substitute for a survey or independent due diligence. However, the Seller can be subject to legal action if they fail to disclose material information in the Property Information Form. Some examples of inaccurate information could include:Â
If the Buyer is negatively impacted due to missing or incorrect information provided on the TA6 Form then they could have a claim under the Misrepresentation Act 1967. The court can order the Seller to pay damages reaching into the tens of thousands. In the most severe cases, the court can order the buyer to buy back the old property! The moral of the story is – be as honest and thorough as possible on the Property Information Form.Â
In this article we’ve covered everything you need to know about the TA6 form and some of the most common questions associated with it. We’ve talked about what the Property Information Form is and what it contains, whether it’s mandatory and if the TA6 Form is legally binding. It’s important to be as thorough and accurate as you can on the TA6 Form. It helps to provide the Buyer with important information about the property that they’re purchasing, and if information is excluded or inaccurate the Buyer could have a claim for misrepresentation.Â
If you want to sell your property quickly, without the hassle of tons of paperwork. Consider selling to a cash house buyer like SmoothSale. We buy any house in any condition and we can complete a purchase in as little as seven days. The best part? The service is completely free, we even cover your legal fees. Why not see if we can help? Give us a call today on 0800 368 8952.Â
Simply enter your details below to get a no-obligation cash offer for your house.
Simply enter your details below to get a no-obligation cash offer for your house.