Selling a property is a significant life event, involving numerous complex procedures. One pivotal aspect of this process is the completion of the TA6 Form, often referred to as the Property Information Form. While it might seem daunting at first, understanding its importance and knowing how to fill it out correctly can make a huge difference in your property transaction. In this guide, we will review the intricacies of the TA6 form, shedding light on its significance and guide you through its accurate completion.
What is the TA6 Form?
The TA6 form is an integral component of the pre-contract package in property transactions. Essentially, it provides vital information about a property to potential buyers. This includes details on boundaries, disputes, services, connections, and other relevant aspects that could influence a buyer’s decision. Its primary purpose is to offer clarity, ensuring that the buyer knows exactly what they are investing in.
The Potential Ramifications of Getting it Wrong
Incorrectly completing the TA6 can have significant repercussions. If you provide misleading or false information, you may face legal consequences. A potential buyer could claim compensation for any financial loss they experience due to incorrect details provided on the form. In the worst-case scenario, the property sale might fall through entirely.
What’s Included in the TA6 Form?
Boundaries: This section requires information about the property’s boundaries, like who is responsible for maintaining boundary features such as walls, fences, and hedges.
Disputes and Complaints: This pertains to any disputes or issues with neighbours or related to the property. As a rule of thumb, a dispute is usually regarding as a matter that has prompted you to contact the local authorities, e.g. noise.
Notices and Proposals: Information about any official notices you have received regarding the property, such as proposed developments nearby.
Utilities and Services: This section covers details about utilities and services like gas, electricity, water, broadband and sewage.
Connection to Public Services: Details about the property’s connections, such as mains water, public sewers, and other amenities.
Other Relevant Information: Information about issues like flooding, radon gas, Japanese knotweed, parking arrangements, and other important factors are covered here.
Building Works: Were there any alterations or extensions to the property? This section will require those details along with the requisite planning permissions and building regulation consents.
Conservation Area or Listed Building Status: If the property falls within a conservation area or is a listed building, relevant details are required.
Formal and Informal Arrangements: Information on any arrangements related to the property, like shared access.
Documents Required for Completing the TA6 Form
To ensure that the information you provide is accurate, it’s crucial to gather relevant documents:
- Planning Permission Documents: If you’ve had work done on the property that required planning permission, you will need the associated documents.
- Building Regulation Approvals: These approvals will verify that any changes or additions to the property met the necessary standards.
- Guarantees and Warranties: If your home has guarantees or warranties for any work carried out, these should be provided.
- Utility Bills: These can help verify the details about the services connected to the property.
- Council Tax Information: This gives an idea about the property’s valuation band.
Tips for Completing the TA6 Form
- Be Honest and Accurate: Remember that providing false information can lead to significant consequences.
- Seek Professional Assistance: If you’re uncertain about any section, seek assistance from a solicitor or professional familiar with the process.
- Provide Detailed Explanations: If there have been disputes or other issues, be sure to provide comprehensive explanations.
- Keep All Relevant Documents Handy: Having the necessary documents on hand can help ensure that all details are accurate and verifiable.
Successfully selling your property involves dotting your ‘i’s and crossing your ‘t’s. The TA6 form is a crucial step in this process, ensuring transparency and fostering trust between the seller and buyer. As a seller, it’s in your best interest to ensure that the form is filled out comprehensively and correctly.
If you’re about to embark on the property selling journey and need guidance or assistance, don’t hesitate to get in touch with us here at Newton Fallowell, we have a wealth of local property experience and are always happy to share this knowledge to ensure your property sale progresses as smoothly as possible.