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Conveyancing in Burton Latimer Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/10/17

Practical regional public transport and public service details -

Burton Latimer's closest train station is Kettering at 3 miles. The nearest airport to Burton Latimer is Turweston Aerodrome Airport.

Q.

Local Burton Latimer attractions

A.

Cranford St Andrew Churches Conservation Trust and Boughton House Historic Houses Association are around Burton Latimer.

The closest hospital for Burton Latimer is Cransley Hospice Kettering.

Q.

We need a cheap solicitor quote for selling a freehold home, we are on a tight budget.

A.

The lack of clarity surrounding this matter catches out many property buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted, and many firms promote supposedly cheap conveyancing. Unfortunately additional fees can inflate the final bill. Any fees included in the solicitor's terms needs to be fair and only come into force where your conveyancer is required to complete unexpected extra work on your behalf, which could not be anticipated at the start of the process. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

Are there many lenders with branches in Burton Latimer?

A.

Most lenders in Burton Latimer are on our solicitors' panels. Burton Latimer lenders and mortgage specialists include Mortgages Go, 43-45 High St, Thrapston, Kettering, NN14 4JJ.

Q.

Flood searches may be standard procedure for home buyers but in light of recent flooding for example the extensive flooding in Sept 2012 in the East Midlands are they still appropriate to ascertain enough about the changing Burton Latimer flood risk?

Flood risk searches handled by a property solicitor in Burton Latimer will also include the far more detailed Landmark flood search if it is felt necessary.

If you remain still concerned you could attempt to call a next door neighbour.

Q.

Please suggest how to bypass paying out for SDLT?

A.

Stamp duty mitigation should be treated with extreme caution in Burton Latimer. These schemes are often uneconomical and often likely to fail. There have been a range of official schemes, such as higher thresholds for first-time buyers.

Q.

How many weeks should it take my solicitor to exchange the conveyancing formalities on the lower floor of period house we are thinking of buying in Burton Latimer?

A.

Completion can take anywhere from 1 month to twelve weeks, which can depend on various factors, for example the efficiency of the seller's conveyancing solicitor, or the number of people in the chain. Our chosen conveyancers are very proactive completing the process as rapidly as achievable.

Q.

For a residential property valued at £108000. How is stamp duty calculated?

A.

The SDLT due is based on a limited set of factors, most importantly the purchase price. Stamp duty will be £0 on a £108000 property.

Q.

What does my searches usually cost?

A.

Conveyancing searches ranges in cost, depending on the searches required by your lender. Searches are disbursements paid to a third party, and are not included in a solicitor's fees.

Q.

What causes the purchase conveyancing process in Burton Latimer to need such a long time?

A.

Burton Latimer conveyancing will occasionally be exposed to significant delays. We endeavour to reduce the consequences of these delays where feasible by driving the transaction forward.