Selling your property
Before selling your property, you should know:
- If you sell your property within the first five years of the original 'right to buy' sale date, you will have to pay back some of your right to buy discount. How much you pay back will depend on how soon after the original sale date you sell the property
- If you sell your property within the first ten years of the original right to buy sale date, you should ask the City of Wolverhampton Council whether it wishes to buy the property back before advertising it on the open market.
Learn more on the council's website
Pre-sale pack
If you are a leaseholder and selling your home, you or your solicitor may be asked to request a pre-sale pack (sometimes referred to as LPE1) from us.
The pack will contain lots of useful information that a potential buyer will want to know, such as:
- Three years’ service charge accounts
- Details of any money owing
- Information about the buildings insurance policy
- Details of planned major works and improvements
- Other relevant information such as building assessment reports
Who can request a pre-sale pack?
Only leaseholders or their solicitor can request a pre-sale pack. We cannot accept requests from buyers as the pre-sale pack contains information covered by data protection.
Solicitors acting on behalf of the leaseholder must provide a signed confirmation of authority to act and you will need to upload this to the contact us form when the pre-sale pack is requested.
In circumstances where a family member is acting on behalf of a leaseholder, for example due to ill health, incapacity, or following the leaseholder’s death, we will require appropriate documentation confirming their authority to act.
This may include a Power of Attorney, Grant of Probate, or evidence that they are the executor of the estate. The documents must be uploaded on the contact us form when requesting the pre-sale pack.
How much is a pre-sale pack and how can I make payment?
There is a fee of £150 for a pre-sale pack.
This fee covers the provision of the pre-sale pack, copies of relevant building reports, and responses to follow-up enquiries after the pack has been issued.
Payment should be made by bank transfer to:
Account Name: Wolverhampton Homes Ltd
Bank: HSBC
Account Number: 32779617
Sort Code: 40 47 11
Reference: LH and the property address
Once the payment has been made, please confirm you have paid through our contact us form.
Please ensure the following information is included:
- Documents confirming authority to act where necessary
- Payment details such as date of payment and reference used
- An email address to send the pre-sale pack
How long does it take to receive the pre-sale pack?
We aim to issue pre-sale packs within 20 working days of the payment being received.
Pre-sale packs will be sent by email to the email address provided in the contact us form unless requested otherwise.
Pre-sale packs are valid for 6 months from the date of issue. After 6 months, you must pay for a new pre-sale pack.
Remortgaging your property
If you have applied for a new mortgage, wish to borrow additional funds, or are a lender or solicitor acting for a client who is remortgaging, the mortgage provider may require a remortgage information pack from us.
A remortgage pack is similar to a pre-sale pack, although it contains some different information.
The process, authority to disclose, fee and timescales are the same as those for a pre-sale pack.
Please refer to the pre-sale pack section for further details. When submitting your enquiry via the contact us form, please state that you are requesting a remortgage pack.
Notice of assignment
If you sell your property on the open market, the new owner’s solicitor must tell us within 28 days of the sale by sending a formal Notice of Assignment to Wolverhampton Homes.
Without the notice, we are unable to update our records, and you will still be liable for all service charges associated with the property.
Please note: We strongly recommend requesting a pre-sale pack before selling a leasehold property. This ensures prospective purchasers or assignees are fully informed of their liabilities and responsibilities and it helps to identify and resolve any outstanding charges.
What should be included in the notice of assignment?
To allow us to update our records, the notice must include the following information about the new leaseholder:
- Date of transfer
- Title and full name
- Address for service
- Date of birth and national insurance number
- Contact details including phone number and email address
If the new leaseholder is a company, we will require a contact name and phone number and email address for the company
Please note: If the necessary information is not provided, we will not be able to update our records and will therefore request an amended notice.
How much is the fee and how can I send you the notice of assignment?
There is a fee of £40 for processing the Notice of Assignment. Payment should be made by bank transfer to:
Account Name: Wolverhampton Homes Ltd
Bank: HSBC
Account Number: 32779617
Sort Code: 40 47 11
Reference: NOA and the property address
Once the payment has been made, the notice of assignment should be uploaded through our contact us form. Please highlight 'leaseholders' as the reason for your query.
Once the payment and notice of assignment have been received, we aim to update our records and send a confirmation letter to the new leaseholder within 28 days.
Notice of charge
If the leasehold property also has a mortgage, the new leaseholder's solicitor must also send us a formal notice confirming that a mortgage has been secured as a charge against the land registry. This is known as a notice of charge.
You will also need to issue a notice of charge if you:
- Buy a property with a mortgage
- Add someone to your mortgage
- Re-mortgage the property
How much is the fee and how can I send you the notice of charge?
There is no fee to process the notice of charge.
The notice of charge should be uploaded through our contact us form. Please highlight 'leaseholders' as the reason for your query.
Buying land
Are you interested in buying land owned by the City of Wolverhampton Council?