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Conveyancing in Fawley Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/18

Noted Fawley interest

Bursledon Hants Windmill, Calshot Castle English Heritage and Calshot Activities Centre Hampshire Passport are in the vicinity of Fawley.

Fawley's closest airport is Southampton, Mitchell Way Airport. Southampton Airport is 9 miles, Bembridge IoW Airport is 16 miles, Sandown IoW Airport is 15 miles and Bournemouth International Airport is 22 miles away and Fawley's nearest station is Hamble.

The closest hospital for Fawley is Hythe.

Q.

We are looking for discount conveyancing. How do I get a quote?

A.

This issue catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted, and many property lawyers purport to offer so-called 'the cheapest conveyancing quotes'. Often extra fees are frequently hidden in small print, left unregarded by busy property buyers and sellers Your conveyancing quote should also clearly state applicable disbursements.

Q.

Should I read about the conveyancing process as a buyer of a house - Might it be realistic to carry out the conveyancing on a DIY basis without help.?

A.

Technically speaking there is no argument why a buyer shouldn't undertake the legal process on your own. The truth is however that a conveyancing solicitor is in charge of a long list of actions including chasing deeds or communicating with managing agents some of which really need a qualified professional. AT any rate legal firms are obliged to possess relevant indemnity insurance to safeguard you from any losses you encounter.

Q.

In what ways can a Fawley property solicitor advise on the risk and history of flooding to properties in Fawley on a Fifties home I am intending to buy?

An experienced property conveyancing lawyer will apply for standard protocol environmental searches, which include Fawley historical flood risk data. An inexpensive detailed flood history/risk search, such as the Homecheck search, will typically be recommended by your Fawley property solicitor if in the event that the initial searches indicate any risk of flooding.

Q.

Can you state how we get out of paying for stamp duty land tax?

A.

Stamp Duty Land Tax is generally payable for property purchases sold for more than one hundred and twenty-five thousand pounds. Stamp duty mitigation scheme is not advised when buying in Fawley, as such schemes are often uneconomical and very risky.

Q.

What factors can affect land in Fawley, and will they be properly investigated?

A.

A range of contaminants can harm the resale value of land. Contaminants including coal mining should be reported on during conveyancing searches. Contamination can be caused by local waste sites, including Esso Refinery, Hampshire, SO45 1TX.

Q.

Market Harborough Building Society is going to be our lender - is there anything we need to consider?

A.

Recently, a number of lenders have reduced their 'solicitor panel', which may result in increased conveyancing costs for house purchasers. We are able to act on behalf of all large lenders so that you will not be required to pay legal fees for your lender's solicitor.

Q.

Is a Homebuyer Report necessary when we are purchasing residential property?

A.

It is advised that you arrange a home surveyor to undertake a survey. A range defects affect a property, which include roof damage. Such issues will not be considered during the conveyancing work itself.

Q.

May our conveyancing charges cover any additional charges?

A.

No. Homeward Legal do not hide any extra, hidden costs. Some solicitor do not give accurate quotes, only estimates. You may face a much greater total fee when you have completed.