As a result of the fact that 2012 was second wettest year since on record we are anxious that conveyancing and environmental searches aren't sufficient?
Conveyancing searches (environmental) conducted by your Eastleigh conveyancing solicitor will include the far more specialist Landmark flood search if the risk is deemed significant.
If you are anxious why not get in touch with a neighbour or local Hampshire flood damage business, try Rainbow International, Unit 3 Hathaway Cl, Eastleigh, SO50 4SR Tel: 023 8061 0576.
What do we need to know about 'fixtures and fittings'?
Commonly, there is no clear definition of fixtures and fittings. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction, and which makes the completion of a fixtures and fittings form essential.
At what point is it wise to speak to a conveyancing solicitor to act for us?
The short answer is, the earlier in the process you can instruct a conveyancing firm, the better, as there are several tasks that can begin straight away. Early instruction of a solicitor can limit the risk of the other side pulling out.
How might the conveyancing process be so drawn out?
Conveyancing will occasionally be drawn out. Homeward Legal appreciate how difficult it can be to face these, and seek to reduce their cost wherever possible. There are numerous reasons for delay, such as slow solicitors acting for the other side.
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).
We are buying a maisonette in a designated Eastleigh conservation area, how do I uncover data in relation to the standard of upkeep?
Following a campaign, English Heritage have put together a list of the condition of conservation areas. Local Eastleigh conservation areas are designated by the local authority (Eastleigh) who are responsible for things like upkeep of paths to vacant buildings.