Whether you are acting for a seller or a Buyer, clicktopurchase® makes your job easy.
Selling
When your client is wishing to offer a property for sale using clicktopurchase®, your client’s agent and the seller is able to react to the market and use the platform to close a sale by exchanging contracts immediately online by clicktopurchase® (private treaty) or “best offers” at any point during the sale.
The contract of sale and legal package
Completion of the legal package will enable your client and their agent to exchange online with verified Bidders should an acceptable clicktopurchase® offer to treat be submitted, as well as run binding clicktopurchase® “best offers”.
The agent is able to provide administration access for a seller’s solicitor to execute the exchanges online. Contact the agent should you require such access.
Contract Suite
As a seller’s solicitor, you will need to complete the contract suite by completing the Special Conditions of Sale.
Commercial Property Contract Suite
Residential Property Contract Suite
Please refer to these documents when you supply the completed Special Conditions of Sale.
Legal Package
When you provide the documentation, we recommend that you supply as “PDFs” numbered and labelled in accordance with your Document Index.
The faster you can supply the complete package, the faster a property can be offered with clicktopurchase®. Therefore, we recommend you apply for searches and collate the appropriate information as quickly as possible. We advise that premium search provider services are used.
We provide an ability for the seller’s solicitor to upload the legal documentation directly. Should you wish to have this ability, the selling agent can provide access by sending you an appropriate confidential link generated by the platform.
We recommend the specific documentation for each sale to include:
SPECIFIC DOCUMENTATION FOR EVERY SALE
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Document Index
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Completed Special Conditions of Sale
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Transfer
TITLE OF PROPERTY
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Registered Title(s)
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Registered Title plan(s)
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Documents referred to on registered title
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Head lease (if appropriate)
OCCUPATION
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Occupational lease(s)
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Agreement(s) for lease
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Deed(s) of Variation
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Occupational licence(s)
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Licence(s) to alter / carry out works
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Licence(s) to assign
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Licence(s) to sublet
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Rent Review Memoranda
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Rent Deposit Deed(s)
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Lease guarantee details
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Sublease(s)
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Side letter(s) / personal concession(s)
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Any other supplemental leasehold documentation
ENERGY PERFORMANCE CERTIFICATE
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EPC certificate(s)
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Recommendation report(s)
SEARCH RESULTS
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Index Map
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Local Search (including planning details)
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Water and Drainage
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Highways
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Desk top Environmental
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Chancel
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Telecoms
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Gas
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Electricity
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Mining
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Flood
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Railway
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London Underground
PLANNING DOCUMENTATION
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Current planning permission(s)
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Historic planning permission(s)
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Listed Building Consent(s)
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Certificate(s) of Established Use
WARRANTIES
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Details of any warranties
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Building Contract
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Letters of Appointment
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Latent Defects Insurance
PRE-CONTRACT ENQUIRIES – IF COMMERCIAL
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Replies to CPSE1
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Replies to CPSE2
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Replies to other CPSEs, if relevant
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Disclosure of all material referred to in CPSEs
ASSOCIATED DOCUMENTATION – REFERRED TO IN CPSEs
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Asbestos survey(s)
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Health & Safety file(s)
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Building insurance policy
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Rent payment history
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Arrears Schedule
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Vendor VAT certificate
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Option to Tax / Acknowledgement of Option to Tax from HMRC
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Service charge information: last three years’ service charge accounts
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Service charge information: service charge budget for current year
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Service charge information: details of any service charge caps /shortfalls
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Managing agents details
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Insurance claims history
INDEMNITIES
- Details of any title indemnity policies
SURVEY REPORTS
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Phase I Environmental Survey report(s)
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Phase II Environmental Survey report(s)
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Building Survey report(s)
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Assignment letter(s) in respect of report(s)
PRE-CONTRACT ENQUIRIES – IF RESIDENTIAL
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OYEZ CON29(L) form
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Fixtures & Fittings form
clicktopurchase® is not responsible for completion of the legal package. We recommend that you, as the seller’s solicitor, confirm to the selling agent and vendor that you are happy with the legal package before clicktopurchase® is activated for a property.
We recommend that you advise the selling agent of any legal issues which could be of relevance during the sale of the property.
Client Account Information
You will need to supply the selling agent with your client account information for entry into the clicktopurchase® system. This information is automatically sent to a successful buyer and their UK solicitor but is not made public:
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Account name: XXXX
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Bank name and address: XXXX
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Account number: XXXX
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Sort code: XXXX
Formation of a contract of sale
If a clicktopurchase® offer is accepted by the agent on behalf of the seller, an instant online contract exchange occurs. You will receive email notification automatically along with a copy of the Memorandum of Sale.
The Buyer and their UK solicitor will receive an email advising where the contract deposit is to be sent.
Figure: Email showing an accepted offer
Figure: Memorandum of Sale
Contract Amendments
Contract amendments, if required and agreed, can be fast and easy by either amendments to the Special Conditions of Sale, or by way of an Addendum of Sale. Typically, clicktopurchase® sales do not require any contract amendments.
Buying
If you are advising a prospective purchaser, you will be able to view and download the legal package relating to the property in question. You will be able to contact the seller’s solicitor if you have any queries.
Verification Process
You will also be required to complete a Money Laundering Certificate to confirm the identity of your purchasing client. You will receive an email notification when the bidder completes the online verification form relating to the property in question.
Figure: The email showing that a verification form has been completed
Figure: The Money Laundering Certificate sent to the solicitor
Should the seller or agent require, the verification email may also attach a further specific form seeking additional information as part of the verification process in meeting the obligations of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
For detailed information regarding the UK money laundering and verification process, please refer to the "The New UK Money Laundering and Verification Process" guide in the Information Centre.
Formation of a contract of sale
If your client’s clicktopurchase® offer is accepted by the agent on behalf of the seller, an instant online contract exchange occurs. You will receive email notification automatically along with a copy of the Memorandum of Sale.
Figure: Email showing an accepted offer
Figure: Memorandum of Sale
You must now abide by the terms of the contract and send the Deposit.
Contract amendments
Contract amendments, if required and agreed, can be fast and easy by either amendments to the Special Conditions of Sale, or by way of an Addendum of Sale. Typically, clicktopurchase® sales do not require any contract amendments.
