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Conveyancing in Axbridge Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 24/04/18

Are you thinking of re-locating to the Axbridge area? Useful regional public service information -

Axbridge's nearest airport is Bristol Airport (9 miles). Cardiff Airport is 24 miles and away and Axbridge's nearest train station is Worle.

The closest hospital for Axbridge is Weston Weston Super Mare.

Q.

What are the best rates for conveyancing for a £78k home?

A.

Several conveyancers advertise cheap conveyancing quotes. Unfortunately extra fees will be included in the terms of engagement, left unregarded by busy buyers and sellers Your Axbridge conveyancing quote must also state costs to be paid to third parties, such as the Land Registry, (disbursements).

Q.

I am purchasing in Axbridge. Do we need searches?

A.

Conveyancing searches are a commonly-used pack of questions carried out on behalf of the party intending to buy the property. Searches are very useful whether buying with a mortgage or not, but consider the legal condition of the property's title.

Q.

What length of time does it take our conveyancing solicitor to carry out all of the conveyancing work on a maisonette in a forties home we are purchasing?

A.

The process can take anywhere from 3 weeks and three months, which can be hampered by a number of issues for example the speed of the vendor's property lawyer, or contentious issues that may arise. Homeward Legal's property lawyers are very focused on speed and communication, with the intention of completing the process as quickly as possible.

Q.

Would arranging a survey be sensible when purchasing any property?

A.

It is strongly recommended that all purchasers in Axbridge arrange a surveyor. It is a fact that there are a wide range of concerns which will impact a property. These can include severe weathering and roof damage, and issues such as these are not likely to be investigated as part of the conveyancing itself.

Q.

What does 'fixtures and fittings' relate to?

A.

Generally speaking, fixtures are fixed items, such as light switches to walls and other surfaces and fixtures are free-standing items, such as free-standing kitchen appliances. The need to clarify this is regularly neglected, which makes the early agreement of the fixtures and fittings form so important.

Q.

How do you determine Stamp Duty Land Tax rates, and how much should we pay on a £887000 property?

A.

Stamp Duty Land Tax will depend on the purchase price of the property. Stamp duty will be £35480 on a £887000 Axbridge home (information accurate July 2012).

Q.

What is the council tax on a Thirties converted Band H home in Axbridge?

A.

You should be include your new home's band in the report on title. Council tax rates for homes in Axbridge are set out in detail at the Sedgemoor local authority website. At the time of writing (26 June 2012) rates for all bands are:

  • Band A - £966.00
  • Band B - £1,127.00
  • Band C - £1,287.00
  • Band D - £1,448.00
  • Band E - £1,770.00
  • Band F - £2,092.00
  • Band G - £2,414.00
  • Band H - £2,897.00

Q.

The estate agent has named the property solicitor who they generally use. Do I need to use this firm?

A.

Many agents have arrangements with solicitors whereby they refer conveyancing work to them. Such referrals must be carefully considered, as the agent may recommend the firm which pays to the largest referral fee, not the best value for you.