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Conveyancing in Chalk Farm Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/10/17

Practical local public transport and services information -

The nearest train station to Chalk Farm is Kentish Town West. The closest airport to Chalk Farm is London City Airport (9 miles). Heathrow Terminals 1 2 3 Airport is 14 miles, London Heliport Airport is 6 miles, Heathrow Terminal 5 Airport is 16 miles, Heathrow Terminal 4 Airport is 15 miles, Northolt Jet Centre Airport is 11 miles s, Elstree Airport is 11 miles and London Biggin Hill Airport is 17 miles away.

Motorists are well catered for with Chalk Farm having very good major road access very close at 1 1/2 mile of the A40M.

The closest hospital to Chalk Farm is St Pancras London.

Q.

What are the best rates for conveyancing for a 609k home?

A.

Numerous conveyancers claim to offer supposedly cheap conveyancing quotes. Often additional fees are often hiding in the terms of engagement. Any fees which are listed in the terms ought to be fair. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

What is the council tax on a Fifties converted home in Chalk Farm?

A.

Frequently the title report will include the Camden council tax band. The latest tax charges for homes in Chalk Farm are tabled on the Camden local authority website. At the time of writing (21/02/2013) rates are as follows:

  • Band A - £886.00
  • Band B - £1,033.00
  • Band C - £1,181.00
  • Band D - £1,328.00
  • Band E - £1,624.00
  • Band F - £1,919.00
  • Band G - £2,214.00
  • Band H - £2,657.00

Q.

How much would my searches be?

A.

With a Homeward Legal conveyancing solicitor, a purchase conveyancing client charged at a maximum £249 for a standard search bundle.

Q.

How do you calculate stamp duty tax, and what should it be on a £398000 house?

A.

Stamp Duty is calculated with reference to the value of the home. Stamp duty will be £11940 on a £398000 residential property.

Q.

We have a found a freehold property to buy. How do we ensure fast conveyancing?

A.

Crucial to moving faster is to employing a proactive conveyancer. Additionally, there are a range of things you, as the purchaser, can do to speed up your conveyancing, including, ordering a property survey early in the transaction, answering any queries raised by your conveyancer as soon as possible and pushing the conveyancer to begin enquiries as soon as possible.

Q.

Is it wise to avoid paying stamp duty land tax?

A.

Stamp Duty Land Tax is due on property purchases priced at over £125,000. Stamp duty reduction scheme should not be considered when purchasing in Chalk Farm, as such schemes are often uneconomical and HMRC may challenge a scheme up to six years later.

Q.

We are buying on a former industrial site. Can the soil still be contaminated?

A.

There are comprehensive regulations in order to limit soil contamination. Data on many contaminants, such as groundwater contaminants like bleach and fertilisers, will be included in an environmental search.

Q.

What environmental concerns will contaminate land in Chalk Farm. Will they be comprehensively investigated?

A.

Land may have been contaminated by several natural causes and human activities. Issues including pollution incidents will be investigated during the conveyancing process.