Paperwork is an essential part of selling a house.
And TA10 forms are one of the most important documents involved.
Read on to find out what they are and why they matter.
What is a TA10 Form?
A TA10 form (also known as a fixtures and fittings form) is a form that property sellers fill out to list what is and isn’t included in a sale.
It’s usually completed at the start of the selling process. Later, once contracts are exchanged, its contents become legally binding.
In other words, sellers must adhere to whatever they have agreed to hand over.
Are fixtures and fittings the same thing?
No. Fixtures and fittings, though often grouped together, are different things.
A fixture is something that is permanently attached to a house. Common examples include:
- Cupboards
- Fireplaces
- Satellite dishes
- Electric sockets
- Boilers
- Plumbing.
A fitting is something that can be detached from the house, such as:
- Curtains
- Beds
- Sofas
- Mirrors
- Televisions.
Of course, some fittings are more valuable than others. So, buyers sometimes ask for them to be included in sales.
Why TA10 forms matter
A TA10 form is extremely useful for property sales. It gives clarity to everyone involved on what is and isn’t included in the sale.
They are also helpful for negotiations. Sellers can increase asking prices to secure quicker property sales by including (or excluding) certain items.
Once the exchange of contracts occurs, TA10 forms provide legal protection to sellers and buyers, something verbal agreements can’t offer.
TA10 forms’ role in negotiations
A TA10 form can be referenced during property price negotiations.
For example, there might be an agreement to include a particular piece of furniture in the sale, which might change the asking price.
Accuracy matters
Sellers should carefully complete TA10 forms. After all, mistakes can lead to giving away valuable items.
They should also consider getting items independently valued and having solicitors help fill out the form.
The consequences of not adhering to TA10 forms
Buyers could take legal action if an item detailed in the TA10 form is not removed or left as the seller described.
Sellers should carefully keep items included in sales in good condition in the weeks leading up to a sale.
How to fill in a TA10 form
A TA10 form has eleven sections:
- Basic fittings
- Kitchen
- Bathroom
- Carpets
- Curtains and curtain rails
- Light fittings
- Fitted units
- Outdoor area
- Television and telephone
- Stock of fuel
- Other items.
In the TA10 form, sellers list relevant items under each category heading.
If they are willing to offer up an item, there’s a space where they can specify how much they would be willing to sell it for. (In practice, this often acts as a starting price for the buyer to negotiate with).
If the buyer agrees to pay this, the property’s selling price might be adjusted accordingly.
Can I sell my house without a TA10 form?
In the United Kingdom, a TA10 form is a legal requirement. It’s part of the conveyancing documents that you fill out.
The legal expert supporting you with the sale can advise you on all other compulsory forms.
How much does a TA10 form cost?
Your solicitor usually provides you with the TA10 form to complete as part of their services.
So, you won’t pay a separate fee for this – it’s included in the fee you pay your solicitor.