Which Catton lenders do you work with?
Homeward Legal have worked with the majority of lenders serving home buyers in Catton. Lenders and mortgage specialists in Catton include New Mortgage Finance, 6 Alkmaar Way, Norwich, NR6 6BF.
How does a Help to Buy scheme work for me?
This government-sponsored scheme aims to assist homebuyers with three ways of purchasing a property:
- Help to Buy ISA - if you are a first-time buyer and don’t own any other property (anywhere in the world), and you don’t have another cash ISA opened in the same tax year, when you buy your first home, the solicitor will apply for the government bonus on your behalf when closure of your Home to Buy ISA used to buy the property is confirmed.
- Help to Buy: Equity Loan - if you have no other property and are buying a newly-built home, the government will provide 20% of the cost of the house (up to a maximum of £600,000), leaving you with the saved 5% deposit and a 75% mortgage to cover the remainder. This is open to current homeowners and first-time buyers, and the home cannot be sublet nor can it be used in a part-exchange deal.
- Help to Buy: Shared Ownership - if your household earns less than £80,000, you could be eligible for this scheme, which allows you to buy between 25% and 75% of the home’s value, while the government pays the remainder on which you would then pay rent.
(information retrieved from HM Government’s Help to Buy website on 16 April 2019).
Contact the Money Advice Service, the government’s Help to Buy website, or your local ‘Help to Buy’ agent for more information.
Is there anything we are supposed to do to make our Catton conveyancing faster?
Essential to a fast conveyancing transaction is to use a proactive property lawyer. There are various jobs you, as the purchaser, could do to speed up the process, such as, replying to your property lawyer by phone, fax or email, keeping in regular contact with the property lawyer and arranging your mortgage offer.
Is a survey necessary when purchasing a property?
It is strongly suggested that all purchasers in Catton instruct a home surveyor to carry out a survey if purchasing in Catton. Many defects will impact a property, including severe weathering or subsidence. These will not be reported on by a solicitor.
I need to complete on the sale of a leasehold apartment within 28 days, are Homeward Legal really fast solicitors in Catton ?
Homeward Legal adopts a speed focused approach to conducting conveyancing for clients.
Our solicitors will communicate efficiently up and down the buyer and seller chain and have invested in the latest document production and technology systems to drive through the sale fast.
What causes the purchase conveyancing process appear to be so drawn out? Is it not simply form-filling?
The conveyancing process may be drawn out even in ideal circumstances. Some reasons are out of your solicitor's control. We strive to curtail the consequences of these delays, if it is possible to do so, by driving the transaction forward.
Are pre-completion searches disbursements or fees?
Comparing conveyancing quotes is often challenging, given the different terminology. These costs are disbursements not fees, and is passed on to the buyer at cost.