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Conveyancing in Greystones Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/10/17

Commuting from the Greystones area? ;

Sheffield City Airport is 6 miles from Greystones. Robin Hood Airport is 23 miles, Gamston Airport is 25 miles and away and the nearest train station to Greystones is Dore.

The closest hospital to Greystones is Thornbury Sheffield.

Q.

We need a cheap solicitor to own a home. What should we check?

A.

Confusion over this issue catches out many homeowners, and can leave them paying far more in fees than they budgeted, and many law firms purport to offer theoretically cheap conveyancing quotes, but extra charges are often hiding in small print. Additional costs which are listed in the terms needs to be fair and reasonable. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Would you confirm taking action to get out of paying for stamp duty on our Greystones property?

A.

Stamp duty usually must be paid for residential property valued at over 125,000 pounds. Homeward Legal do not recommend conveyancing clients undertake any stamp duty reduction. These schemes are often uneconomical and unreliable. There have been certain legal initiatives, such as disadvantaged area relief. A conveyancing solicitor should confirm whether you are eligible.

Q.

Solicitors in Greystones conduct standard conveyancing searches when they are instructed by a property purchaser - what particular searches?

A.

If purchasing and obtaining a mortgage a mortgage lender insist that at least the following Local Authority, Drainage and Water Search and Environmental, and perhaps less common searches, which may include a Flood Risk search.

Q.

I am purchasing with Natwest - what will we need to know?

A.

When arranging a mortgage, a mortgage provider will need legal work to be undertaken in relation to the mortgage. In some cases, lenders have opted to reduce the size of their 'solicitor panel'. Homeward Legal, however, are able to act on behalf of the vast majority of mortgage lenders.

Q.

How is contaminated land in Greystones investigated during conveyancing?

A.

Property may have been contaminated by many naturally-occurring factors, such as local waste transfer sites or radioactive substances in the region. An environmental search will give more information.

Q.

What factors are important to get fast conveyancing?

A.

Finding a proactive property lawyer is essential to moving faster. There are several things you as the buyer can also do, such as, requesting regular updates from your property lawyer and keep the pressure on, replying to your property lawyer by phone, fax or email and arranging any finances require to complete the purchase.

Q.

What type of local conveyancing searches in relation to the risk of floods to properties in Sheffield will the lawyer in Greystones actually apply for?

A.

An integral part of the legal due diligence procedure involves your lawyer carrying out conveyancing searches that provide certain details with regard to Greystones flood risk area. An inexpensive (around twenty pounds) and more detailed set of searches, such as the Landmark search, could possibly be advised by your solicitor in Greystones if the results of the environmental search highlight a potential flood risk to the property. The most recent (24/02/13) publication on the Environment Agency website do not show any flood warnings in the Greystones area.

Q.

Would acquiring a building survey be required when purchasing property?

A.

We heavily advise that most Greystones buyers order an inspection. It is a fact that there are a wide range of problems which have a negative impact on a property, which are not included in your mortgage lender's valuation, for example roof spread and cracked roof tiles.