Core Documents
A typical legal pack includes the title register, title plan, special conditions of sale, property information form, fixtures and fittings form, EPC and any addenda issued before auction close.
A due-diligence guide to the documents buyers, sellers and solicitors should expect in a UK property auction legal pack.
A typical legal pack includes the title register, title plan, special conditions of sale, property information form, fixtures and fittings form, EPC and any addenda issued before auction close.
Local authority, drainage, environmental, mining, chancel, highways or other searches may be included depending on the property, location and solicitor preparation.
Leasehold lots may include the lease, management information, ground rent, service charge details, insurance arrangements, licences, notices and restrictions.
Special conditions can alter completion timing, cost allocations, arrears, rent apportionments, notices, indemnities and other obligations. They should be reviewed by a solicitor before bidding.
Letterbox can surface legal-pack documents and record bidder acknowledgement, but it does not interpret the documents, confirm legal risk or replace independent advice. Ask your own solicitor to review title, searches, lease terms, special conditions and the lot timetable before making a binding bid.
Registered bidders may be required to acknowledge that they have accessed the legal pack and considered independent advice before bidding access is unlocked for a lot.
Property auction documents should be reviewed with appropriately qualified legal, financial, tax and surveying advisers before any binding decision is made.