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Click ‘Get Form’ to open the pre contract VAT enquiries document in the editor.
Begin by filling in the Vendor and Purchaser details, including their VAT registration numbers. This information is crucial for establishing tax responsibilities.
Proceed to Section 1, where you will indicate whether VAT is chargeable on the sale. Answer 'Yes' or 'No' and provide any necessary details as prompted.
In Section 2, specify if the Vendor will charge VAT at the appropriate reduced rate. If applicable, provide a draft VAT invoice showing the amount chargeable.
Continue through Sections 3 to 7, answering each enquiry based on your specific transaction type and property status. Ensure all relevant fields are completed accurately.
Once all sections are filled out, review your entries for accuracy before saving or sending the form for further processing.

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What is a pre-contract enquiry?

Conveyancing enquiries (also called pre-contract enquiries, or sometimes even just enquiries) is the process before exchange of contracts when the buyers solicitor formally raises queries with the sellers solicitor.

What is the purpose of a pre-contract meeting?

Other than for very small contracts most contracts of any size have a pre-contract meeting. The primary purpose of the meeting is often for the parties to clarify specific points in the enquiry and quotation. This guidance outlines items to be covered in the meeting, pitfalls and a recommended strategy.

What are pre-contract inquiries of the seller?

What are pre-contract enquiries? Pre-contract enquiries are questions asked of the seller to elicit information which will assist the buyer in their due diligence of the property.

How long after enquiries do you exchange?

Once property searches are back, the average time to exchange from that point is 3 weeks. The challenge with this time-frame is that solicitors work in different ways, which means you could face a longer gap between when searches come back and when you are ready to exchange contracts.

When must a customer be given pre-contract information?

The Regulations say that the information must be given before the contract is concluded, in a clear and comprehensible manner.

pre contract enquiries form

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