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Conveyancing in Cheddar Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/07/17

Cheddar area information

King John's Hunting Lodge National Trust and Chapel Allerton Windmill are close at hand to Cheddar.

Cheddar's nearest station is Worle. Cheddar's closest airport is Bristol Airport.

The nearest hospital to Cheddar is Weston Weston Super Mare.

Q.

How do we get the best conveyancing rates for a £117,000 property?

A.

Both high-street and online conveyancers promote 'the cheapest conveyancing quotes', however extra costs are frequently hidden in the terms and conditions. Any disbursements should also be included on a quote. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Should I get a homebuyer report?

A.

It is suggested that most purchasers order an inspection. Buyers should be aware that there are a wide range of issues which will impact a property, which include poor ventilation. These will not be reported on by a solicitor.

Q.

We are buying an extended investment flat in the boundary of conservation area in Cheddar. How does one find more data in relation to the standard of repair of the area?

A.

Following a campaign, English Heritage have conducted a survey and created a list of the state of repair of conservation areas. Conservation areas are nominated by the local Sedgemoor planning authority, who preside over things like what can be demolished to the blockage of street posts.

Q.

Is it costly to circumvent paying out for stamp duty?

A.

SDLT is usually due on property valued at over £125,000. We firmly advise against any stamp duty scheme. Such schemes are highly expensive

and the HMRC can review a scheme up to 6 years after a sale is completed meaning that the full stamp duty amount, interest and additional fines will be imposed.

Q.

What length of time will it take for my designated property lawyer to exchange contracts the legal work for a semi detached Thirties property we want to buy?

A.

The conveyancing process can take anywhere from 3 weeks and 3 months, which can depend on a number of factors e.g. the efficiency of the vendor's property lawyer, or contentious issues that may arise. Our highly conveyancing solicitors are very proactive work towards completing the process as promptly as achievable.

Q.

Are your house conveyancing solicitors able to act quickly on the conveyancing for property auction properties in Cheddar?

A.

Our team work closely with auctioneers and regularly handle the legal work for bidders at auction. It SI highly advisable for bidders to get an experienced conveyancing company as rapidly as possible so there is time for a full review of the legal papers prior to the day of the auction.

Post property auction date your appointed property conveyancing lawyer is able to concentrate on completing the legal work within the usual 28 days as conventionally required .

Q.

How can we calculate Stamp Duty Land Tax?

A.

Stamp Duty in Cheddar is calculated with reference to the property's value. It is £58200 on a £1164000 house or flat.*

*Correct as of 01/01/2013

Q.

We are using a Somerset lender, and need to know which Cheddar lenders your lawyers work with. Which panels are you a member of?

A.

Of lenders with local branches in Cheddar, Homeward Legal work with many. Local mortgage lenders and brokers include Morgan Associates Services, 12 Wingard Cl, Uphill, Weston-Super-Mare, BS23 4UL, Mortgage Select, Cook Way/Bindon Rd, Taunton, TA2 6BJ, and Mortgage Placement Centre Ltd, Sedgemoor House, Stathe, Bridgwater, TA7 0JN.

 
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