As part of our Jargon Buster series we look at some of the forms you may be asked to fill out, as either the buyer or the seller,  during your transaction.

What is a Source of Funds Questionnaire?

If you are buying a house the Government requires you to complete this form as part of its Anti Money Laundering strategy to combat terrorism and organised criminal activity.  You can read more about why Money Laundering poses a risk to you, the UK Property Industry and the economy in our guide What is Anti Money Laundering?

What is a TA6 form?

The TA6: Property Information Form is used by the seller to give important information about the property to the prospective buyer.  A TA6 form is required in almost every property transaction.

This form was last updated by the Law Society in 2020 (4th Edition) to update 4 important areas:

The TA6 Property Information Form is available from the Law Society website – download the TA6 Form | download the TA6 Explanatory Notes.

What is a TA7 Form?

The TA7 Leasehold information form (2nd edition) (2009) – is a form used when selling a leasehold property. It is completed by the seller in addition to the Property Information Form and asks a serious of questions specific to leasehold properties.  When selling a leasehold property a leasehold management pack is required which details things like service charges and ground rent.

The TA7 Leasehold Information Form is available from the Law Society website – download the TA7 Form

What is a TA10 form?

The TA10: Fittings and Contents Form is used by the seller to identify what’s included in and excluded in the sale.  A TA10 is likely to be required in every purchase.  It will include and fixtures, fittings and furnishings which come with the property and any which the seller intends to remove.  This form was last updated by the Law Society in 2013 (3rd Edition).

The TA10: Fittings and Contents Form is available from the Law Society website – download the TA10 Form

What is a TA13 form?

The TA13: Completion Information and Undertakings Form makes sure that the buyer has all the important information they need before completion. This includes property information and vacant possession and some replies to requisitions are treated as a solicitor’s undertaking.  This form was last updated by the Law Society in 2019 (3rd Edition).

The TA13: Completion Information and Undertakings Form is available from the Law Society website – download the TA13 Form

What is an ID3 Form?

The ID3: Cerificate of Identity Form is used to prove your identity when making an application to HM Land Registry.  This form will need to be completed in almost all transactions.  This form was last updated by HM Gov on

The ID3: Certificate of Identity form is available from Gov.uk – download the ID3 Form

Talk to AVRillo – We Get You Moving

AVRillo are an award winning nationwide online conveyancing team with a 95% Completion rate on all property transactions.

If you are looking for a conveyancer that can get you moving talk to AVRillo, the UKs Best Conveyancer for a reason.

You can Request a Free Quote or Book a Surgery Call with one of our conveyancers.

 

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