Speak to anyone who’s recently bought or sold property in the UK and what’s the one thing they are likely to remember most about the experience? Apart from the fact it can take an extraordinarily long time – it’s the sheer amount of paperwork. It’s no secret that there is a lot of documentation to complete throughout a property transaction, from identity checks and inventories, to building regulations and warranties. Chances are you’ll need to hunt down or complete more than 10 documents or forms, and you’d be forgiven for wondering what different purpose they all serve.
One of those forms is the Law Society’s TA6, and we’re here to explain how we’re making it easier to get ticked off your form filling to-do list.
What is the TA6 Form?
The TA6 Property Information Form needs to be completed when you’re selling your property. Purposely designed for the buyer’s benefit when purchasing a property, it gives them an important overview of material information of the property they wish to purchase.
Produced by the Law Society, the TA6 form covers 14 separate subjects with questions to be answered by the seller. From boundary disputes and complaints, to alterations and environmental matters, to informal arrangements and utilities, and everything in between. It’s a lot of information, however, the process of purchasing property should be comprehensive to avoid any nasty surprises later down the line.
At the end of June 2024, the Law Society released an updated version of the TA6 Form, which now includes Material Information inline with the National Trading Standards Estate and Letting Agency Team (NTSELAT) guidance. The aim is to make sure buyers know more about what they are buying, with the hope this will reduce the likelihood of the sale and purchase falling through at a later stage.
Coadjute’s Digital TA6 Form, not just digital but also smart
So far, the TA6 update has not necessarily received a fanfare from stakeholders, instead the response has been somewhat apprehensive. Yes, it’s good to provide information that is as comprehensive as possible, however, an inevitable consequence is going to be that sellers will now need to spend longer filling in the TA6 Form and conveyancers will likewise need to spend more time reviewing all the additional information.
We feel your pain. Which is why we have developed a fully digital TA6 Form to make the process easier, and quicker, for everyone involved. Let’s take a look and see what makes Coadjute’s Digital TA6 Form something special:
Pre-populated and painless
The most time consuming part of completing any form is finding the correct information for the section you’re filling in. Coadjute’s Digital TA6 Form takes that pain of the process away. At the click of a button the TA6 Form is pre-populated with material property information that’s already available over the Coadjute Network. And the best bit? The information comes from verified sources, so you can be sure the data is trustworthy.
The vendor doesn’t have to find all the information as a lot of it is already there, and the conveyancer can rest assured the information has come from verified sources and been reviewed by both the estate agent and vendor.
Dynamic by design
For vendors, there’s a chance they may have never seen a TA6 form before, yet alone completed one, particularly if this is their first property transaction. As opposed to a static document like a PDF where there’s little to no flexibility or customisation, Coadjute’s Digital TA6 form is dynamic, guiding the vendor through the sections of the form as they complete it. There are even guidance notes throughout, increasing the vendor’s confidence, reducing the time it takes to complete and making for a better user experience overall.
Real-time progress tracking
Despite the best attempts to make the process as seamless as possible, it does happen on occasion that you get stuck when completing a form because you just don’t know the answer to a question about your property. Not to worry, progress completing Coadjute’s Digital TA6 can be tracked in real-time. As a result if the vendor does stall on a section, a participant to the deal can jump in and help out, keeping the transaction moving in the right direction.
Seamlessly shareable
The TA6 Form is completed, signed, and ready to be sent off to the conveyancer to be reviewed. But wait, before that printer gets switched on to send the form across in the post, you might want a digital way to share the TA6 Form instead, that’s not an email. By sharing the Digital TA6 Form over the Coadjute Network, other participants need not open the post or emails again, as the TA6 Form is easily accessible to them once shared.
Licensed to provide digital TA6 Forms
Last but certainly not least, Coadjute is licensed by the Law Society to provide digital TA6 Forms to property stakeholders. Having worked extensively with the Law Society to develop the Digital TA6 Form, it captures all the necessary information for those involved in the property transaction, ensuring buyers, sellers and property professionals enjoy a seamless property transaction. You can find out more on the Law Society website.
Putting the ‘digital’ in digital TA6
At Coadjute we are key believers of speeding up the home buying and selling process through the use of technology. By developing a Digital TA6 Form that enables a closer collaboration between all participants in a transaction at an early stage, it brings us closer to that goal but also gives all participants involved in the transactions what they need in a positive way.
Find out more about Coadjute’s Digital TA6 Form; or
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