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Conveyancing in Bulwell Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 26/04/17

Pertinent Bulwell public service facts and figures ;

Bulwell is nearby at 1.5m of the M1 junction entry 26 Northbound.

Bulwell station is approximately 1 mile from Bulwell and Bulwell's closest airport is Tollerton, Nottingham City Airport. East Midlands Airport is 14 miles, Tollerton Airport is 8 miles and Gamston Airport is 22 miles away.

Highbury Nottingham is the neighbouring hospital.

Q.

We need to find a law firm that offers cheap conveyancing. Can you assist?

A.

Misleading conveyancing quotes catch out many sellers and buyers, leaving them to pay sometimes £100s more than planned, and many law firms claim to offer so-called 'the cheapest conveyancing quotes'. Often additional fees are frequently hidden in the small print, left unregarded by busy sellers and buyers Extra charges found in terms and conditions should be fair and reasonable. Any disbursements should also be included on the conveyancing quote based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

What actions can I take to circumvent paying out for stamp duty land tax?

A.

Stamp duty scheme must be treated with caution by purchasers in Bulwell, as such schemes are costly and the HMRC can review a scheme up to 6 years after a sale is completed . There have been a number of official schemes, such as relief for buyers in 'disadvantaged areas', and your solicitor will advise if these may apply.

Q.

How will a Bulwell lawyer advise me on the risk of a flood in the Bulwell area for a seventies property I am purchasing?

A.

A lawyer applies for standard environmental searches, which include Bulwell area flood risk information.

Q.

Will the property report compiled by the Bulwell conveyancing solicitor report back on the cost of council tax for a Band B cottage prior to completion?

Your solicitor will liaise with the appropriate Broxtowe local authority to reveal the latest council tax band and rates, which will be added to the conveyancing report on title. Correct charges for Bulwell are set out in detail online at the Broxtowe local authority site. At the time of writing on 05 September 2012 rates for all bands are:

  • Band A - £1,076.00
  • Band B - £1,255.00
  • Band C - £1,435.00
  • Band D - £1,614.00
  • Band E - £1,973.00
  • Band F - £2,331.00
  • Band G - £2,690.00
  • Band H - £3,228.00

Q.

We are using a lender based in Nottinghamshire, and need to know which Bulwell lenders your solicitors work with. Which panels are you on?

A.

Of lenders with local branches around Bulwell, we with many. Bulwell lenders and mortgage specialists include T B Mortgage Services, Po Box 6797, Bulwell, Nottingham, NG6 8XR.

Q.

How do we protect against gazumping?

A.

Gazumping arises when one buyer's offer is rejected, following initial acceptance, by the owner, opting instead for a better offer. Although gazumping is less common in a declining market, there will always be a chance. Consider instructing an efficient solicitor early to reduce the chance of your offer being gazumped.

Q.

If my family are purchasing in Bulwell, do I need to get a search for chancel liability?

A.

Owners of property near to nearby church land are expected to pay for repairs, as a result of chancel repair liability. A chancel search confirms that such a liability exists. Liability is more common in some parts of the country. The solicitor handling your conveyancing will confirm that a chancel search is appropriate. Bulwell church properties where chancel liability may apply include St John the Divine and St Mary the Virgin & All Souls.

Q.

To complete on our purchase ASAP, how do we arrange a fast conveyancing transaction?

A.

Most importantly, a fast completion is the key to instruct a communicative property lawyer. When finding a suitable a property lawyer, you should ask yourself the following: Was there a delay delivering a quote? What methods of communication do they use? Posting documents can adds days of waiting to a purchase. Do they order searches immediately?

 
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