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Conveyancing in Market Drayton Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/10/17

Local area services information and addresses ;

Prees train station is about 9 miles from Market Drayton. The nearest airport to Market Drayton is Howarden Airport.

Whitchurch is a nearby hospital to Market Drayton.

Q.

How do we find low cost conveyancing?

A.

Various solicitors promote supposedly cheap conveyancing, but additional costs are often hiding in the terms of engagement that unknowing property buyers and sellers have not reviewed Any costs ought to be fair and clearly defined. They only apply in cases where the solicitor must perform additional tasks for you, which could not be anticipated at the start of the process. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Market Drayton conveyancers carry out formal searches when they are acting for a home purchase client but what particular ones?

A.

If taking out a mortgage the mortgage lender expects at least specific searches, including the following for properties in Market Drayton: Local Authority (personal or official), Drainage Search and Environment Search, and perhaps specific searches e.g. a Land charge Search (bankruptcy only).

Q.

Is it prudent to carry out the conveyancing on a DIY basis on my own.

A.

Technically speaking there are no reasons why a seller should not do the your own conveyancing without assistance. That said, a conveyancing solicitor in Market Drayton juggles a huge array of roles from including liaising with the insolvency office for k15 entries or verifying identities of transacting parties many of which really need a skilled professional.

Q.

Where can I go about see if the conservation area is at risk?

Conservation areas in Market Drayton are set up by the local authority (Stafford) who are responsible for everything from including things like excessive road signs, coloured road surfaces and the historic layout of roads. Following a campaign, English Heritage have created a list in relation to the condition (poor to good) of conservation areas in Market Drayton and across England as well as the vulnerability.

Q.

What type of checks concerning the risk and history of flooding in the Shropshire area will my Market Drayton solicitor actually apply for an Edwardian house we are intending to buy?

A.

The property lawyer will carry out standard formal conveyancing searches, which include Market Drayton historical flood risk information. An inexpensive (around twenty pounds) and more detailed search (most likely a Landmark Database search) could be suggested by a Market Drayton property lawyer if the results of the environmental search reveal a flood risk.

Q.

Do you need to get a chancel search? We are buying close to parsonage land in Market Drayton.

A.

Some owners in Market Drayton can be required to subsidise upkeep of church property in the locality. As a consequence of a recent Act, interest over any affected land must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Your conveyancing solicitor can provide more details. Church of England properties in this area where chancel liability may apply include Christ Church and St. Mary's.

Q.

Are there any areas of conservation in the area?

A.

Conservation areas recognise neighbourhoods recognised as being of historical merit. The local council will be able to offer more information about local conservation areas, and the lawyer handling your purchase should discuss what specific restrictions are in place.

Q.

I am purchasing a £89000 Market Drayton residential property, how is stamp duty determined?

A.

The Stamp Duty Land Tax payable will rely on a limited set of factors, including the property's value. On a £89000 property, stamp duty will be £0.