We are purchasing a house in the parish of Llanarmon Mynydd Mawr. Is a chancel search compulsory?
A solicitor responsible for your move may suggest that a chancel search be taken out. Chancel repair can be imposed on current owners of a house where Parochial Church Councils may have not done so in the past, so the solicitor will be unable to make any guarantees, and will recommend insurance.
Which local authority looks after Acrefair?
Acrefair is located in Wrexham County Borough Council, The Guildhall, Wrexham, LL11 1AY phone: 01978 292000
Is there anything I can do to defer paying stamp duty on property?
Stamp duty mitigation should not be considered when purchasing in Acrefair, because these schemes are often uneconomical and HMRC may challenge a scheme up to six years later imposing penalties and investigating all your tax matters.
Will my conveyancing cover any hidden costs?
No. Homeward Legal do not hide any additional fees.
Are the doctors/dentists/schools oversubscribed in the area I want to move to?
Although your conveyancing solicitor may have some personal knowledge of these critical factors, they are not part of the conveyancing process, so will not form part of the contract.
If aspects such as how likely you’ll get into a surgery or school are important to you, it is worth factoring this in at an early stage when you are researching the areas into which you want to move. You can also glean some facts from the estate agent representing properties where you want to move, too. You might also like to contact the surgeries or schools for further information.
Homeward Legal provides a personal conveyancing service at a competitive fixed fee protected by our 'No Completion, No Fee' promise. Get started now on 0800 038 6699 and talk to one of our team.
How much is stamp duty and land transaction tax?
The Stamp Duty Land Tax (SDLT) is based on a trigger threshold of £125,000, followed by a calculation of increasing percentages against the price bands, which are then added together:
- Less than £125,000 = 0%
- £125,000-£250,000 = 2%
- £250,000-£925,000 = 5%
- £925,000-£1,500,000 = 10%
- More than £1,500,000 = 12%
For example, a house bought for £450,000 will trigger SDLT at £12,500 (£0 for the first £125,000, £2,500 for the next £125,000, and £10,000 for the next £150,000 as the price falls in the first three bands).
Do I need to select the solicitors firm referred by my estate agent?
Agent recommendations are a commonplace route to find a solicitor. However, if the agent is paid a fee by the solicitor, there is a risk that an agent may choose the conveyancer who pays out the highest referral fee, not the most suitable for you.