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.
Godiva Mortgages will be our mortgage lender - is there anything I need to check?
Recently, a number of lenders have reduced their 'solicitor panel', potentially creating greater legal costs for house purchasers. Homeward Legal are able to act for the vast majority of lenders to keep legal costs to a minimum.
Do your panel of solicitors specialise the conveyancing for property auction properties in Heysham?
Homeward Legal is very knowledgeable with buyers at auction. We typically encourage bidders to formally appoint their chosen lawyer well in advance of the date of the auction to allow adequate time for a review. Post property auction date your Homeward Legal solicitor is totally prepared for swiftly concluding the legal side of things within the limited time frame as conventionally required .
Is the buyer or seller responsible for the searches?>
It is you, as the buyer, who is responsible for checking that all is well with the property you are buying. This is why your conveyancing solicitor will order a set of standard searches (Local Authority, Water and Drainage, Environmental, and Chancel Repair – these are also the searches requited by your mortgage lender), plus additional searches dependent on the property, recommendations from the surveyor in the survey report, and the location and history of the area.
Need a little help on understanding the detail of your conveyancing? Our solicitors make sure that everything about your transaction is clear so you always know what's going on. Call now on 0800 038 6699 and we'll get your conveyancing under way today.
Doing your own conveyancing without instructing a solicitor in Heysham appears to be becoming possible as a seller of a flat but would it be a good idea ?
It is possible to look after the legal work on your own.
However, a lawyer juggles a huge array of exercises such as raising additional enquiries and checking the lease some of which really need a qualified solicitor. In addition legal practices are made responsible to be in possession of indemnity cover that ultimately protects you in the event of omissions on the part of the solicitor.
Can we bypass paying for SDLT rates?
SDLT is generally payable on purchases sold for over 125,000 pounds. Stamp duty reduction should not be considered when purchasing in Heysham, as such schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed . There have been a range of government-sponsored schemes, on the other hand, such as disadvantaged area relief. Your solicitor will advise as to your eligibility.
Does a property lawyer in Heysham order any property on the Lancashire period terraced home we are buying?
If you are applying for a mortgage the lender will expect at least the following for Heysham: Local Authority (personal or official), Drainage Search (Con29DW) and Environmental and, depending on certain criteria, special local Heysham searches such as Commons Registration Search.