Are there many conservation areas in the area?
The local areas in or near Gunnislake will include numerous areas of conservation. These restrictions can add to maintenance costs, but the benefits will include protection against unsympathetic development.
How long does it take to move house?
Those new to buying property are often surprised by how long the process can take from start to finish. There are several factors that come into play when determining how long your transaction will take from having your offer accepted to moving into your new home: The number of people involved in the chain (the shorter it is, the easier to manage and therefore shorter in duration potentially), problems with one or more buyers in the chain getting a mortgage offer, communication, management and many others.
The greatest time that needs to be set aside is for the conveyancing, which is the complex legal process of transferring ownership of the property from seller to buyer, replicated along the entire chain. Typically, the conveyancing can take an average of between eight and twelve weeks to complete, so, in reality, you should be thinking in terms of months.
However, if you appoint a results-focused and proactive solicitor, who will do everything possible to reduce the length of time, including talking to everyone involved in the chain, pushing for swift return of forms and documentation, and using modern technology to drive the process forward, you will stand a better chance of the conveyancing being a lot shorter. And the earlier you appoint them, the quicker they can get started on your transaction.
Looking for great conveyancing where our solicitors work hard to deliver your completion as early as possible? Call Homeward Legal on 0800 038 6699 to find out how low our fees are.
Which mortgage lender panels in Gunnislake are your solicitors on?
The Homeward Legal group are able to work with the majority of lenders assisting buyers in Gunnislake. Gunnislake lenders and mortgage specialists include Mortgage Plymouth, 3 Plymouth Rd, Plympton, Plymouth, PL7 4JP, Mortgages 4 Plymouth, 8 Peverell Park Rd, Plymouth, PL3 4NA, and Flanagan Financial, Vigars Hall, Wallabrook, Tavistock, PL19 0JR.
What is stamp duty and land transaction tax?
Stamp Duty Land Tax (SDLT) is a proportion of the final sale price of a property payable to HMRC by the buyer. The current trigger threshold is for any property priced at £125,000 or over (unless you’re a first-time buyer, in which case you pay less or no tax for properties priced at less than £500,000). Your solicitor will handle the transfer of the tax as part of the final tasks on your conveyancing.
In Scotland, buyers have to pay Land and Buildings Transaction Tax and, in Wales, the Land Transaction Tax is triggered at properties priced over £180,000.
In all cases, the amount payable is based on a sliding scale as the price goes up as a proportion of that range added together than an overall flat tax amount or percentage. So, the higher the price goes up, the greater the amount of tax you have to pay.
Are the doctors/dentists/schools oversubscribed in the area I want to move to?
Although your conveyancing solicitor may have some personal knowledge of these critical factors, they are not part of the conveyancing process, so will not form part of the contract.
If aspects such as how likely you’ll get into a surgery or school are important to you, it is worth factoring this in at an early stage when you are researching the areas into which you want to move. You can also glean some facts from the estate agent representing properties where you want to move, too. You might also like to contact the surgeries or schools for further information.
Homeward Legal provides a personal conveyancing service at a competitive fixed fee protected by our 'No Completion, No Fee' promise. Get started now on 0800 038 6699 and talk to one of our team.
What is the council tax on a Sixties mid-terrace Band D home in Gunnislake?
You should be cover the property's council tax band in the conveyancing report on title. Correct charges for Gunnislake are detailed on the Cornwall local authority website. At the time of writing, 07 July 2012, the rates are:
- Band A - £979.00
- Band B - £1,142.00
- Band C - £1,305.00
- Band D - £1,468.00
- Band E - £1,794.00
- Band F - £2,120.00
- Band G - £2,446.00
- Band H - £2,936.00