Would you state taking action to avoid paying for stamp duty?
Stamp Duty Land Tax (SDLT) is generally due on property priced at over 125,000 pounds. Homeward Legal do not recommend any stamp duty mitigation. Such schemes are highly expensive and unreliable.
Is it likely that we would be gazumped?
Gazumping occurs when a seller accepts an offer and later dismisses it. Instead, they then go for another buyer's higher offer. There is almost always a risk of gazumping. You should instruct your property solicitor early to reduce the chance of your transaction being gazumped.
Which local authority is responsible for Kegworth?
Kegworth is located in North West Leicestershire District Council, Council Offices, Coalville, Leicestershire, LE67 3FJ, contact: 01530 454 546
Our lender will be the Royal Bank of Scotland, what will I need to check?
Some lenders have reduced their 'solicitor panel', which may result in increased conveyancing costs for purchasers. Homeward Legal will act on behalf of many mortgage lenders.
What particular conveyancing searches does the property solicitor in Kegworth conduct when carrying out the conveyancing for a Kegworth house?
The common procedure will be to obtain Local Authority, Drainage Search, Environment Search and Lead, and possibly specific searches, which may include a Official Search of whole with priority.
We are purchasing a £440000, what will be worked out for SDLT?
The Stamp Duty rate you must pay will rely on a small number of factors, including the value of the house, and whether it is in a 'disadvantaged area'. It will be £13200 on a £440000 property.