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Conveyancing in Martock Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/04/17

Local transport information

Bristol Airport is 29 miles from Martock. Yeovil Pen Mill train station is about 7 miles from Martock.

The most convenient hospital for Martock is South Petherton.

Q.

How do I get the best conveyancing rates for a £248,000 house?

A.

Various law firms claim to offer supposedly 'the cheapest conveyancing quotes', however extra charges are frequently hidden in the terms. Fees included in terms and conditions should be reasonable and clear. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

Is Martock soil potentially contaminated by uranium?

A.

There are regulations in place to restrict soil contamination. Also considering issues such as groundwater contaminants like detergents, contaminants affecting Martock property will be factored into an environmental search.

Q.

In respect to the major flooding in Sept 2012 in South West England we are questioning whether property environmental searches might not be sufficient?

A.

Conveyancing and environmental searches conducted by your property solicitor in Martock will also include a far more specialist search (Landmark) if the risk warrants it.

Why not get in touch with a neighbour for additional further comfort.

Q.

What will the Martock conveyancing solicitor do if the maisonette is in a registered conservation area and has unauthorised cladding fitted?

A.

The solicitor will always confirm if the property is affected by a designated conservation area, and if so, whether any alterations have the essential consents from the local authority.

Q.

I am completing next August. What will be assessed for Stamp Duty Land Tax?

A.

The SDLT you must pay will depend on the value of the property. Stamp duty will be £57750 on a £1155000 property.*

*Correct as of 17/02/2013

Q.

Can I avoid paying for stamp duty on our Martock property?

A.

Stamp Duty Land Tax commonly must be paid for residential property valued at over £125,000. We strongly advise against any stamp duty mitigation scheme, because these schemes are costly and the HMRC can review a scheme up to 6 years after a sale is completed .

Q.

My lender is Holmesdale Building Society - what will I need to check?

A.

Prior to recent changes, most conveyancing solicitors were able to undertake legal work for a lender. Buyers should know that, in some cases, lenders have reduced their 'solicitor panel'. This can mean increased conveyancing costs for buyers. Homeward Legal can act for most mortgage lenders.

Q.

What will the council tax cost for a period Band A flat in Martock?

A.

Your council tax band should in most cases be reported as part of the conveyancing report on title, and by the governing local authority. The correct rates for homes in Martock are published at the South Somerset local authority site. At the time of authoring on 27 June 2012 rates are:

  • Band A - £991.00
  • Band B - £1,156.00
  • Band C - £1,321.00
  • Band D - £1,486.00
  • Band E - £1,816.00
  • Band F - £2,146.00
  • Band G - £2,476.00
  • Band H - £2,972.00

 
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