The web is full of a multitude of useful books going into great depth on do it yourself conveyancing for example How to Buy Your First Home (And How to Sell it Too). Do I actually have to use Long Stratton solicitor ?
In theory there is absolutely no argument at all why a home seller cant apply this approach and take care of he majority of the legal process on your own. In reality however, a property solicitor juggles a long list of assignments ranging from chasing any missing replies/clarifications to enquiries and identifying the most appropriate searches many of which require a qualified professional.
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.
Are your recommend solicitors experienced enough to handle fast completions on residential property auction conveyancing in Long Stratton?
We deal with auctions throughout the UK and regularly work for buyers at auction. It is critical to decide on a their chosen conveyancing lawyer as fast as possible to allow time for a review of the lot in advance of the day of the auction.
Following the auction day your experienced lawyer is absolutely focused on quickly concluding the legal work within the reduced time frame as conventionally required .
What do I provide to the solicitor on my house sale?
The list of documents required is quite simple, but will be required at different stages of the process (but ideally any forms should be completed and returned on the day of receipt and preferably delivered by hand or email).
- Proof of id
- Title deeds (if you have them; they might be lodged with the solicitor who handled the purchase of the property you are selling, or the mortgage company)
- Fixtures and Fittings Form (TA10)
- Property Information Form (TA6) – information on boundaries, disputes and complaints with neighbours, notices and proposals, alterations and planning consents, building regulations, electricity and gas certificates, guarantees and warranties, insurance, environmental matters affecting the property, rights and informal arrangements, parking, other charges, services, connection to utilities and services, and transaction information
- Copies of documents referenced in the PIF
- Leasehold or shared freehold documents
- Management Information Pack
- Energy Performance Certificate
Providing all this documentation as quickly as possible, as well as responding to arising questions throughout the conveyancing within a couple of hours will help to speed the conclusion of your transaction up considerably.
When my partner and I are buying a property on the same road as a 1700s 'parson's close' in Long Stratton, is it necessary to get a chancel search?
As a result of chancel repair liability, the owners of property in Long Stratton which was once owned by a 'lay rectors' can be liable for upkeep of local churches. Following a change in the law, interest over any affected land in Long Stratton must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Churches in the local area where a chancel search may be necessary include Stratton St Mary.
How soon do I need to speak to a conveyancing solicitor to act on our sale?
With a firm offering a 'no move, no fee' conveyancing quote, the earlier in the process you can instruct a firm, the better. The legal work can then begin immediately. Some authors advocate postponing instruction until the offer is accepted, but opting to delay can jeopardise your sale or purchase.
What will a Long Stratton property solicitor advise if the property I am planning to buy is situated in a conservation area in South Norfolk which seems to have unsuitable roof aerials installed?
Local authority LLC1 searches carried out by your Long Stratton property lawyer will check whether the Long Stratton property a designated conservation area and any evidence of Coal Authority consent for modifications will be supplied.
When should I book a removals firm?
It’s very tempting to get wrapped in the excitement of moving home and wanting to get everything sorted out and in the diary. But, if you book a removals firm too early, prior to the exchange of contracts (when the date and time of completion is legally set), you risk the possibility that the date might change, thereby having to pay a fee to the removals firm to change the plans.
There is nothing stopping you in contacting a selection of firms to get a quote for removal and to negotiate the possibility of pencilling a date in but ensure you obtain agreement that this is subject to change and confirmation.