Will the report on the property's title prepared by the Callerton conveyancing solicitor report on the cost of council tax on a Band D cottage before exchange of contracts?
The conveyancer will speak to the relevant local council to ascertain the latest council tax rates, which will then be set out in the conveyancer's title report. The latest tax rates for residents of Callerton are published on the local authority website.
I want to complete on the legal work on my home very quickly, are you really fast solicitors in Callerton ?
Homeward Legal takes a speed focused approach to fulfilling conveyancing for customers to meet the home sellers needs. Homeward Legals solicitors approach is different - we always use new case management systems . We also provide you with home movers a SRA conveyancing lawyer incentivised to communicate with all parties in the property chain such as landlords, to attain a fast home move.
What will my conveyancing searches cost?
The cost of searches does vary, depending on the searches required.
Solicitors in Callerton do varied searches when they are acting for a property buyer, but which specific ones?
When you are taking out a mortgage the mortgage lender insist that at least specific searches, including the following Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environment Search, and possibly specific local Callerton searches, which might include Bankruptcy Search (K16).
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.
Should I get my short lease extended before selling?
Buyers are becoming increasingly wary of buying leaseholds with less than 90 years to run because, first, the cost of increasing a leasehold is becoming far more expensive, and, second, mortgage companies are becoming increasingly reticent to lend money to buy leases that have dropped below the 80-year mark (indeed, this will be one of the criteria that they set to ensure their investment is protected).
As a result, buyers will often insist that the leasehold be extended back up to the 99-year or 125-year typical thresholds before going ahead and buying it. So, as the current leaseholder, you will almost certainly be expected to do the legal work required to extend the lease to a level that buyers will be happy with.
Is there a checklist for buyers or sellers helping to decide what’s most important?
The process of buying and selling is a complex one, so it’s helpful for your research to have checklists to ensure nothing is forgotten. There are several online resources with checklists for individual aspects of the moving process, including what to consider as a first-time buyer, help to buy schemes, removals, speeding up conveyancing and so on.
When it comes to deciding what you want for your new home to help you narrow down the choice of locations and types of property available, this is largely down to personal choice, so a standardised checklist might limit your requirements. You can talk to an estate agent about what you want as they will have the experience to narrow down your options. However, you need to consider the size of the property (number of rooms, bathroom facilities, bedrooms, etc.), size of garden, proximity to public transport links, noise, entertainment options (e.g. cinema, pub, eateries, etc.), access to off-road parking, schools, speed of broadband, and so on. Consider making a list of what the property must have and an associated wish list so that likely compromises can be made.