What’s the difference between residential and commercial conveyancing?
In essence, there is very little difference between the tasks needed for residential conveyancing against commercial conveyancing. The real difference comes in the type of property and the purpose for which it is intended to be used.
The majority of residential transactions are freehold, whereas commercial transactions are almost exclusively leasehold, and commercial property conveyancing searches will tend to be more expensive because the structure and land will occupy a greater space on average than that for residential property.
Are your property lawyers set up to 1 month completions on the conveyancing of auction properties in Louth?
In fact we put together legal documentation for vendors and often do the legal conveyancing buyers at auction. It is important for purchasers to choose an auction experienced conveyancing company as quickly as possible to allow enough time for a title report of the legal pack in advance of the auction day arrives. Subsequently, immediately after the property auction your appointed lawyer is completely able to concentrate on completing the purchase within 4 weeks as conventionally required .
What will a Louth conveyancing solicitor recommend if the flat is in a East Lindsey council conservation area which has conspicuous dormer windows fitted?
East Lindsey local authority searches carried out by the solicitor as part of the conveyancing will verify whether the property is in a designated conservation area and evidence of planning authority consent for alterations will be required.Should no suitable consents be in evidence, your solicitor will advise you of all options, which include seeking an indemnity insurance or requesting retrospective permission from East Lindsey local authority.
I am shortly going to be finally moving from our detached house in Louth to our next flat in Horncastle , what is the optimum stage to choose a removal company?
Most conveyancers tend to advocate that home sellers wait until such time as formal exchange of contracts as an actual move date will not have been formally agreed. Try Clockwork, Belvoir Way, Fairfield Industrial Estate, Louth, LN11 0YP Telephone: 01507 609147.
Our estate agent in Louth has suggested a law firm whom they usually use. Should I instruct this firm?
Both agents and mortgage brokers will usually recommend a law firm. These referrals must be compared with other local solicitors, or better-value firms found online, as there is a risk that an agent may choose whichever firm pays the most per referral, not the most suitable for you.
We are purchasing a £834000, how is Stamp Duty Land Tax rates assessed?
The Stamp Duty Land Tax payable will depend on the property's value. Stamp duty will be £33360 on a £834000 house or flat.*
*Accurate as of February 2013
Apparently, uranium soil contamination may be an issue in Louth. Can you advise?
Given the history of industry and agriculture in parts of Louth, top-soil contamination is impossible to completely avoid. The local authority for Louth will be able to provide more detail on cases of contamination.
Do we need to get a chancel search? We are purchasing a apartment in Louth.
Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Louth property likely to be affected. Liability has the potential to impact the value of a Louth property, but an indemnity policy may be available to protect the new owners. Your solicitor can provide more details. Churches in the local area include Holy Trinity, St James and St Michael.