Are buyers often gazumped in Brimsdown?
The practice of choosing to reject a previously accepted offer on a purchase when a better one is made by another buyer is known as gazumping. The danger of getting gazumped exists for almost any purchase. Instructing a conveyancing solicitor as early as possible to handle your transaction should help to reduce the likelihood of gazumping.
Is it easy to sell a house without using an estate agent?
It’s relatively straightforward to sell your own home without involving an estate agent, although you should be warned that it’s a time-consuming process (which is why agents set a certain fee to pay for their time in getting your home sold).
First you need to get a proper valuation of your home, which can be done by paying a chartered surveyor and registered valuer, or you can research the house prices in the area for similar properties to get an idea of how they are selling.
Once you are happy with the price, you can advertise the property (there are several free sites that allow you to do this). Legally, you’re required to obtain an Energy Performance Certificate for the property before putting it up for sale, so you’ll need to organize a registered energy assessor to create this for you. Then you can start arranging viewings and negotiate an agreed price with anyone who is interested.
We would recommend, however, that you sign up with an estate agent as they can do all the leg work for you. The key thing, though, is to understand their fees and rates before signing an agreement with them.
My local agent has named a property lawyer which they often use. Is it a good idea to use this firm?
The agent will be able to pressure a conveyancing solicitor they refer many clients to, and can therefore exert pressure on a solicitor to wrap up the process as soon as possible. If the agent is paid a referral fee, however, an agent may select the conveyancer who pays out the highest referral fee, not a firm with local expertise and a solid reputation.
What is the council tax on a residential terraced Band F property in Brimsdown?
In most cases the title report should give the appropriate Enfield council tax band. Correct rates for residents of Brimsdown are detailed at the Enfield local authority site. At the time of authoring, 02 October 2012, the rates are:
- Band A - £938.00
- Band B - £1,094.00
- Band C - £1,251.00
- Band D - £1,407.00
- Band E - £1,720.00
- Band F - £2,032.00
- Band G - £2,345.00
- Band H - £2,814.00
Can I withdraw my offer on a property at any time?
When you make an offer on a house that has been accepted by the vendor, you can ask them to take it off the market as part of the acceptance. If you are selling, you can show your intent by agreeing to remove it from other potential buyers’ interest.
As a buyer, you can withdraw your offer at any time (and, as a seller, you can reject an offer at any time) up to the exchange of contracts, which means you are now legally committed to go through with the transaction at the agreed price. You should check your contract with both the estate agent and your conveyancing solicitor as there may be fees and other penalties associated with pulling out of the transaction after the offer was initially agreed.
If you decide to withdraw from the contract after exchange, then you are in breach. This means, if you’re the buyer, the seller is entitled to keep whatever agreed sum has been set for the deposit, and could claim damages; as the seller, you will be liable to pay interest accrued during the Notice to Complete period as well as the deposit, and the potential for claiming losses, and the buyer has to return everything about the property at the seller’s expense.
Which local authority looks after Brimsdown?
Brimsdown is located in London Borough of Enfield Council, Civic Centre, Silver Street, Enfield, EN1 3XY, phone: 020 8379 1006
Is the buyer or seller responsible for the searches?>
It is you, as the buyer, who is responsible for checking that all is well with the property you are buying. This is why your conveyancing solicitor will order a set of standard searches (Local Authority, Water and Drainage, Environmental, and Chancel Repair – these are also the searches requited by your mortgage lender), plus additional searches dependent on the property, recommendations from the surveyor in the survey report, and the location and history of the area.
Need a little help on understanding the detail of your conveyancing? Our solicitors make sure that everything about your transaction is clear so you always know what's going on. Call now on 0800 038 6699 and we'll get your conveyancing under way today.
When should I book a removals firm?
It’s very tempting to get wrapped in the excitement of moving home and wanting to get everything sorted out and in the diary. But, if you book a removals firm too early, prior to the exchange of contracts (when the date and time of completion is legally set), you risk the possibility that the date might change, thereby having to pay a fee to the removals firm to change the plans.
There is nothing stopping you in contacting a selection of firms to get a quote for removal and to negotiate the possibility of pencilling a date in but ensure you obtain agreement that this is subject to change and confirmation.