How do I establish whether the Downham conservation area is in a poor state?
English Heritage, a government body, administer records of the state of conservation areas in England.
Local conservation areas are specified by Lewisham who administer conservation area concerns from including things like excessive road signs, coloured road surfaces and trees.
What will my searches cost?
Searches range in cost, and will be dependent on your lender's requirements. Less common searches, used in addition to a standard bundle, include a gypsum search.
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).
What causes purchase conveyancing to require months?
The Downham conveyancing process will sometimes be lengthy for a variety of reasons. Sometimes, the reasons are out of a lawyer's control, Homeward Legal, however, see how frustrating such delays may be and work hard to reduce their effect where viable. There are numerous reasons for delay, such as a slow firm acting for the lender.
The estate agent has named a conveyancing. Will it be cheaper to use this solicitor?
Many estate agents have arrangements with solicitors where they refer clients. However, if they are paid a referral fee, an agent may choose the firm which pays to the largest referral fee, not a firm with local expertise and a solid reputation.
Is it easy to sell a house without using an estate agent?
It’s relatively straightforward to sell your own home without involving an estate agent, although you should be warned that it’s a time-consuming process (which is why agents set a certain fee to pay for their time in getting your home sold).
First you need to get a proper valuation of your home, which can be done by paying a chartered surveyor and registered valuer, or you can research the house prices in the area for similar properties to get an idea of how they are selling.
Once you are happy with the price, you can advertise the property (there are several free sites that allow you to do this). Legally, you’re required to obtain an Energy Performance Certificate for the property before putting it up for sale, so you’ll need to organize a registered energy assessor to create this for you. Then you can start arranging viewings and negotiate an agreed price with anyone who is interested.
We would recommend, however, that you sign up with an estate agent as they can do all the leg work for you. The key thing, though, is to understand their fees and rates before signing an agreement with them.
There is a lot of online help on DIY conveyancing as a seller of a home. Is it a silly move to take care of the all of the legal work without help.?
Technically speaking there are no arguments why you cannot engage in the bulk of the your own conveyancing on your own.
However, a conveyancer carries out a significant number of skilled tasks ranging from checking contracts and the Land Registry formalities most of which need experience.