How much is stamp duty and land transaction tax?
The Stamp Duty Land Tax (SDLT) is based on a trigger threshold of £125,000, followed by a calculation of increasing percentages against the price bands, which are then added together:
- Less than £125,000 = 0%
- £125,000-£250,000 = 2%
- £250,000-£925,000 = 5%
- £925,000-£1,500,000 = 10%
- More than £1,500,000 = 12%
For example, a house bought for £450,000 will trigger SDLT at £12,500 (£0 for the first £125,000, £2,500 for the next £125,000, and £10,000 for the next £150,000 as the price falls in the first three bands).
Property environmental searches are based on past records and given climate change such as the extensive flooding in Sept 2012 in North West England are they in fact the ideal way t advise us sufficient information about the risk of flooding in Didsbury?
Conveyancing searches (environmental) handled by your property solicitor in Didsbury will include a more detailed flood search if the risk warrants it.
If you remain concerned it may be worth trying to contact a local resident.
How is contaminated land in Didsbury investigated?
Land may have been contaminated by many natural causes, and factors such as petroleum and fuel sites should be reported on during conveyancing searches.
Which mortgage lender panels in Didsbury are you on?
Most lenders in Didsbury are on our Didsbury solicitors' panel. Didsbury lenders and mortgage specialists include Bank, 244 Fog La, Manchester, M20 6EL, Clayton Hulme Patnership, 101a Lapwing La, Manchester, M20 6UR, and Jordan Fishwick Financial Services Ltd, 757-759 Wilmslow Rd, Manchester, M20 6RN. The solicitor managing the legal work for your move should be able to carry out any relevant lender-imposed searches or checks.
We need to complete on the legal process a share of freehold flat quickly, are you a fast solicitor in Didsbury ?
Our carefully selected solicitors take a completely proactive approach to carrying out the necessary legal work for sellers. Homeward Legals solicitors approach is different - we always use leading edge case and work flow systems . We always also give you a CQS conveyancer incentivised to communicate with everyone in the buyer and seller property chain such as councils , to fulfil a fast home move.
What causes sale conveyancing work to need such a long time?
The legal work needed to sell or purchase a house or flat can be lengthy. Homeward Legal do our best to minimise their impact whenever possible by driving the sale or purchase forward.