What length of time should I expect it to take our assigned conveyancer to handle all of the legal formalities on a detached home?
Completion can take anywhere between a month and three months depending on any number of things e.g. the speed of the vendor's conveyancing solicitor, or whether your solicitor has to act for your lender. Our highly solicitors are notably results driven completing in as short a time as achievable.
Would you address taking precautions to bypass paying out for stamp duty on buying in Brandon?
SDLT usually must be paid for property sold for more than £125,000. We do not advise clients undertake any stamp duty mitigation scheme. These schemes are expensive and very risky. There have been a small number of government-sponsored schemes, on the other hand, such as for first-time buyers. Your solicitor will advise as to your eligibility.
Should I accept an offer on my home if I haven’t found one to buy?
From your prospective buyer’s standpoint, they are not going to want to wait around for you to find somewhere to move to necessarily, meaning that they might drop out of the process to look for a property that is more readily available. However, you might want to have the discussion with your estate agent as to the best way to manage this as part of the process of putting your house on the market.
It’s not always going to be easy for everyone in the chain to have everything lined up from mortgage offers, sale price agreements, solicitors, surveys and so on. Therefore, you can be honest and tell your prospective buyer that, while you’re accepting the price, you haven’t completed your part in the chain; if they are unhappy with this, your other option is to consider a short-term rental or moving in with friends temporarily to protect the sale.
With our experienced solicitors at low, fixed-fee quotes with 'No Completion, No Fee' protection, Homeward Legal is in the best position to look after your conveyancing. Call us now on 0800 038 6699 to get started.
Does our Brandon property solicitor report back to me about the amount to be paid of council tax on a Band D building before exchanging contracts?
Your homes appropriate band will usually be reported within the report on title, and by the local council
Council tax rates for Brandon are tabled on the Forest Heath local authority site. At the time of writing on 14 December 2012 rates are as follows:
- Band A - £1,007.00
- Band B - £1,175.00
- Band C - £1,343.00
- Band D - £1,510.00
- Band E - £1,846.00
- Band F - £2,182.00
- Band G - £2,517.00
- Band H - £3,021.00
When should I get a conveyancing solicitor to act on our sale?
Generally, earlier is preferable, as the legal work can commence immediately. A number of sources suggest waiting before instruction until the offer is accepted, but delays can risk the other side pulling out, particularly in uncertain market conditions.