We are buying on a recently-developed brownfield land. Is the soil possibly contaminated?
Effort is made throughout Hither Green to remediate soil contamination. Data on many contaminants, such as perchlorate, will be included in an environmental search.
Do I need a solicitor?
The quick and easy answer is that you don’t. There is no legal imperative for you to employ a solicitor to handle the conveyancing when dealing with property. However, it would be rather unwise for you to carry out the work yourself because you probably won’t have the skills, knowledge and experience to perform many of the complex tasks, and you won’t possess the indemnity insurance that all solicitors are obliged to carry to protect clients in the event that something goes wrong.
You need to appoint a solicitor who is experienced, proactive and focused so that you have the best chance of completing your transaction as early as possible. You should also look for such a solicitor who also offers ‘No Completion, No Fee’ protection so that you will only be invoiced for the fees once your transaction has completed successfully.
Worried about the conveyancing process? Looking at a tight budget? Let Homeward Legal help you with our low fees without compromising our service values. Call us now on 0800 038 6699.
How does a Help to Buy scheme work for me?
This government-sponsored scheme aims to assist homebuyers with three ways of purchasing a property:
- Help to Buy ISA - if you are a first-time buyer and don’t own any other property (anywhere in the world), and you don’t have another cash ISA opened in the same tax year, when you buy your first home, the solicitor will apply for the government bonus on your behalf when closure of your Home to Buy ISA used to buy the property is confirmed.
- Help to Buy: Equity Loan - if you have no other property and are buying a newly-built home, the government will provide 20% of the cost of the house (up to a maximum of £600,000), leaving you with the saved 5% deposit and a 75% mortgage to cover the remainder. This is open to current homeowners and first-time buyers, and the home cannot be sublet nor can it be used in a part-exchange deal.
- Help to Buy: Shared Ownership - if your household earns less than £80,000, you could be eligible for this scheme, which allows you to buy between 25% and 75% of the home’s value, while the government pays the remainder on which you would then pay rent.
(information retrieved from HM Government’s Help to Buy website on 16 April 2019).
Contact the Money Advice Service, the government’s Help to Buy website, or your local ‘Help to Buy’ agent for more information.
Can I avoid paying stamp duty to the Revenue?
SDLT is payable for purchases priced at over 125,000 pounds. Stamp duty mitigation scheme must be treated with caution. Such schemes are highly expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.
How much is the council tax on a detached home in Hither Green?
As a rule the conveyancer's title report should provide the appropriate Lewisham council tax band. The correct rates for properties in Hither Green are listed on the Lewisham council site. At the time of writing, 23 June 2012, rates are as follows:
- Band A - £899.00
- Band B - £1,049.00
- Band C - £1,199.00
- Band D - £1,349.00
- Band E - £1,649.00
- Band F - £1,948.00
- Band G - £2,248.00
- Band H - £2,698.00
What are searches, and how do they differ from a survey?
Searches are a set of enquiries carried out by your surveyor to various authorities such as the local council, HM Land Registry, etc., and focuses on the impact of the local area on your potential enjoyment of living at the property, while a survey (a HomeBuyer Report or Building Survey) is focused on the structural integrity of the home and its permanent outbuildings and constructions.
While each may throw up similar issues (such as missing planning consents or boundary issues), they are very different and achieve very different purposes.
Our solicitors at Homeward Legal are willing and happy to explain anything you don't understand in the conveyancing, because you need to know what you're getting for our competitively-priced fixed fee. Call our team on 0800 038 6699.
I have a requirement for fast Hither Green conveyancing solicitors, is that your solicitors?
Our property lawyers take a highly active method when fulfilling the conveyancing for clients to meet the home sellers needs.
We have implemented new practice management software .
We always also give home movers a CQS lawyer trained to communicate with everyone in the property chain (line of buyers and sellers) like local authorities, for a fast home move.