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Conveyancing in Gidea Park Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/04/18

Read about Gidea Park ;

Gidea Park's closest station is Gidea Park at 1 mile and the closest airport to Gidea Park is London City Airport. London Heliport Airport is 19 miles, London Airport is 22 miles, Elstree Airport is 23 miles, Rochester Airport is 22 miles, London Biggin Hill Airport is 20 miles and Stansted Airport is 21 mile away.

Gidea Park is less than 3m of junction entry 28 Westbound of the M25.

The closest hospital is Queens Romford.

Q.

We are trying to find low cost conveyancing in Gidea Park. What are the risks?

A.

Many conveyancers promote supposedly cheap conveyancing quotes. Often extra fees can inflate your solicitor's invoice. Charges listed in the small print ought to be reasonable.

Q.

We are buying a £889000 property in Gidea Park. How is Stamp Duty Land Tax calculated?

A.

The SDLT payable will depend on the purchase price. For a house or flat in Gidea Park purchased for £889000, the SDLT rate is £35560.

Q.

I have a reasonable understanding of doing your own conveyancing as a buyer and seller of a maisonette. Would it be reckless to take care of the conveyancing myself??

A.

Legally speaking there are no reasons why you should not undertake the conveyancing unaided.

The truth is however that a lawyer carries out a huge number of actions such as chasing missing documents and verifying identities of transacting parties most of which require a qualified professional. In addition lawyers will have the applicable insurance cover to safeguard you from any carelessness.

Q.

Should we get a chancel search if I am buying in the parish of Islington Holy Trinity, near Gidea Park?

A.

Your conveyancing solicitor could advise that a chancel search be ordered. Although some Parochial Church Councils (PCCs) have opted to charge chancel repairs on owners of affected property, there is no way to be certain that a parish which has not imposed liability will not automatically be the case for future owners.

Q.

What average time should I expect it to take my assigned conveyancing solicitor to exchange the legal work on a flat in a property we are intending to purchase?

A.

The process can take anywhere from 3 weeks and twelve weeks dependent on any number of issues such as the speed of the seller's conveyancing solicitor, or the communication, with managing agents.

Q.

For fast legal work on the purchase of a £634,000 property, what should we do?

A.

Contacting a proactive, diligent lawyer is essential to fast conveyancing. Furthermore, there are numerous tasks you can do to get moving sooner, including, clarifying your mortgage lender's requirements, responding to your lawyer by phone, fax or email wherever possible and calling or emailing the lawyer, and chase them if you suspect any delays.

Q.

Which factors will contaminate land in Gidea Park. Are they a problem?

A.

A broad range of contaminants caused by environmental concerns may significantly reduce the value of property. Contaminants like shallow mining and nearby waste management facilities should be reported on during conveyancing searches.

Q.

Does 'fixtures and fittings' include things like radiators?

A.

Generally speaking, there is not a strict definition of fixtures and fittings. A fixtures and fittings form can avoid any disputes and will clarify precisely which items will be sold with the property.