Home buying and selling: ‘Simpler’ TA6 property information form for sellers and conveyancers
Clearer explanatory notes and more ‘not known’ options are some of the key changes to the TA6 property information form unveiled by the Law Society today.
Law Society president Mark Evans, a high street conveyancer for three decades, said Chancery Lane’s job was to ensure transaction forms in the home buying and selling process are accurate and practical.
With more than 1,200 solicitors, licensed conveyancers, estate agents and sellers providing feedback on the previous iteration of TA6, a working group has been working on the latest version for nearly a year.
Evans said: ‘The new sixth version is a simpler form with clearer explanatory notes. Sellers can feel more confident filling it out and knowing when to get advice from their solicitor.’
In the latest version, which has been tested by sellers and conveyancers, questions on material information that were added to the fifth edition to comply with National Trading Standards Estate and Letting Agency Team guidance have been removed. More ‘not known’ options have been added for when sellers do not know the answer. The explanatory notes have been rewritten to be clearer and more accessible, with better signposting and useful examples.
A fifth edition of the TA7 leasehold information form is also being unveiled today which, along with the TA6 (sixth edition) will be mandatory for Conveyancing Quality Scheme members from 30 March.
Property information captured by the TA6 form could be part of a long list of details sellers may have to provide at the point of listing under reforms announced by the government last week to reduce ‘inefficiencies’ in the current home buying and selling system.
