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Conveyancing in Buckingham Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 27/04/17

Some helpful Buckingham transport and services facts and figures ;

Buckingham's nearest airport is Turweston Aerodrome Airport. Kidlington Airport is 18 miles away. Buckingham's closest train station is Milton Keynes Central.

Buckingham hospital is relatively close to Buckingham.

Q.

Although there are lots of £99 fixed quotes online, how do we find a reputable one? We need a low cost conveyancing quote.

A.

The lack of clarity surrounding this topic catches out many buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted, and many firms advertise supposedly cheap conveyancing quotes. Unfortunately extra fees may be added into the solicitor's terms of engagement. Your conveyancing quote ought to list any disbursements. Any extra costs ought to be reasonable. They be applicable if the conveyancer must perform additional tasks in your interest, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

We are intending to buy a property in Stoke Goldington with Gayhurst. Will it be necessary to get a chancel search?

A.

A solicitor instructed to handle the transaction is likely to recommend that a chancel search be ordered. Through some Parochial Church Councils (PCCs) have opted to impose chancel repairs on owners of lay rectorships, there is no way to be certain that a parish in which lay rectors have not been expected to pay chancel repair dues recently will not be so in future. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

We are buying in Buckingham on a recently-developed former industrial site. Is cadmium soil contamination likely?

A.

Measures are taken in the areas around Buckingham to remediate soil contamination. Also considering issues such as radioactive waste and water contaminants such as sewage, contaminants affecting Buckingham property will be factored into an environmental search.

Q.

How does the Buckingham property solicitor investigate the risk and history of a flood to properties in Buckingham for a buy to let house we are intending to purchase?

A.

The solicitor conducts standard formal property conveyancing searches that should include Buckingham historical flood risk data. As an additional measure means that your conveyancing solicitor in Buckingham may possibly advise a significantly more involved local flood search.

Q.

If Buckingham land is found to be contaminated, can we have the soil inexpensively remediated?

A.

Remediation may be possible, but it can be costly, but this is generally the responsibility of local authorities to arrange. Speak to a local provider such as Callow R J, Copper Horse Farm/Bushey La, Preston Bissett, Buckingham, MK18 4ND for more information.

Q.

Is a retention fee a disbursement or a fee?

A.

Fees and disbursements ought to be stated on a conveyancing quote. This cost is a fee not a disbursement. It should be included in a conveyancing quote.

Q.

Are there many areas of conservation in Buckingham?

A.

These areas characterise neighbourhoods designated as being of special architectural or historic interest. Living in a conservation area can mean confidence that property will retain its value, but the restrictions create additional maintenance and repair responsibilities. A lawyer will address the consequences of purchasing property in a conservation area.

Q.

We are purchasing a £310000 Buckingham house, how is stamp duty assessed?

A.

Stamp Duty will depend on the value of the home. For a residential property bought for £310000, stamp duty will be £9300.

 
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