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Conveyancing in Braintree Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 22/04/18

Buying or selling a residential property in Braintree? Relevant local Braintree travel and public service details:

The closest airport to Braintree is Stansted Airport. London Airport is 23 miles, Elmsett Airport is 23 miles and away. Braintree's nearest station is Braintree at 1 mile s.

Q.

Braintree attractions

A.

Bocking Essex Windmill, Great Notley Country Park & Flitch Way Country Park and Cressing Temple Historic Buildingare all around Braintree.

The closest hospital to Braintree is St Michaels Braintree.

Q.

What are the best conveyancing rates for a £728k property?

A.

Several firms offer so-called cheap conveyancing, but extra costs will be included in the solicitor's terms of engagement. Any extra fees listed in terms of engagement should be reasonable and be applicable if your solicitor must complete work beyond standard conveyancing for you, which could not be anticipated at the start of the process.

Q.

How is contaminated land in Braintree identified when buying a property?

A.

Residential property in Braintree would be contaminated by a wide range of environmental factors. Contaminants including proximity to landfill sites will be considered as part of the environmental searches. Contamination can be caused by local landfill sites, including Bovingdon Road, Beazley End, CM7 5JN.

Q.

I am going to purchase with Furness Building Society - what will I need to know?

Your mortgage lender will require legal work to be performed on their behalf. Some lenders are now reducing the size of their 'solicitor panel', which may result in increased conveyancing costs for property purchasers. Homeward Legal, however, will act for all large mortgage lenders to keep legal costs to a minimum.

Q.

How long on average does it take my solicitor to exchange contracts all of the legal process on an apartment in a fifties home in Braintree?

A.

The conveyancing process can take anywhere from around a month to 12 weeks, based on a number of issues e.g. the speed of the vendor's property lawyer, or the speed of the lender. Our property solicitors are extremely results-focused with a view to completing the process as soon as we can.

Q.

How do you work out stamp duty?

A.

Stamp Duty will depend on the home's value. It is £38960 on a £974000 property.*

*This information accurate as of December 2012

Q.

Is homewardlegal.co.uk geared up for move quickly on residential property auction conveyancing in Braintree?

A.

Our team work closely with auctioneers and commonly get instructed by auction buyers and sellers. It is highly recommended to formally instruct a SRA regulated lawyer as ahead of time as possible for a thorough review of the documents well in advance of the date of the auction.

Post property auction date the lawyer is wholly geared up to concluding the purchase inside 4 weeks as conventionally required .

Q.

Can we get out of paying HMRC stamp duty?

A.

We firmly advise against any stamp duty mitigation scheme. Such schemes are expensive and unreliable.

Q.

How much will the charges for the conveyancing searches total?

A.

With a Homeward Legal solicitor, conveyancing clients are charged at most £249 for a standard bundle of searches. Searches are disbursements, and are not included in your solicitor's fees.