Solicitor mortgage work consists of many things. These include the essential legal searches that need to be carried out before each purchase or sale of a property such as the Land Registry Search. It also includes ensuring there is an EPC for each property. What is an EPC?
An EPC (Energy Performance Certificate) is a guide that shows how efficient the property is regarding energy use. It is useful to budget for the cost of running the house in the future, and will even offer recommendations about how to improve the energy consumption. Mortgage solicitors cannot complete their work – and therefore your house purchase – without having seen the EPC. The EPC is required every time a property is put up for sale or rent. A seller must have one, therefore, to show potential buyers, and for the property pack and contract. Each certificate remains valid for 10 years.
Therefore, if you put your house up for sale and the EPC you received when you moved in is less than 10 years old, you will be able to use that – pass it to your conveyancing solicitors as soon as you can. If you are selling a house, you will need to purchase an EPC if you don’t have one or the one you have is over 10 years old. The cost will vary depending on various factors including where you live and the type of property. Prices typically start at £35, but it could be much more than that. If you are buying a property, though, you should never be asked to pay for the EPC.
When you need a solicitor mortgage expert, then come to Conveyancing Index at https://www.conveyancingindex.co.uk.
Our expert service allows you to compare conveyancing costs and quotes and give you immediate feedback.
Call us on 0203 874 2020 for more information from our expert team. You could save around £367 on your conveyancing fees.