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Conveyancing in Melbourne Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 29/04/17

Local travel information

Melbourne's closest station is Peartree. Melbourne's closest airport is East Midlands Airport (4 miles). Tollerton Airport is 16 miles away.

Aston Hall Aston on Trent is the neighbouring hospital.

Q.

We need discount conveyancing. What should be watch out for?

A.

Many solicitors claim to offer so-called cheap conveyancing, however extra charges may be added into the terms of engagement, left unregarded by busy buyers The quote should, in addition, define any disbursements to be paid. Any extra charges included in the small print should be clearly defined. They only be applied if the lawyer is required to complete unexpected extra work on your behalf, which could not be anticipated at the start of the process. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

How is stamp duty tax assessed and how much will it be on a £679000 Melbourne property?

A.

Stamp Duty Land Tax will depend on the home's price. Stamp duty will be £27160 on a £679000 residential property (accurate March 2013).

Q.

How is Melbourne contaminated land identified when purchasing a property?

A.

Several contaminants caused by environmental factors may potentially impair residential property in Melbourne, and an environmental search should reveal if a specific residence can be impacted by contaminants including brine works and shallow mining.

Q.

What is the council tax on a Thirties end of terrace Band F home in Melbourne?

A.

Your band should as a rule be set out as part of the title report, as well as by the governing local authority. The correct rates for residents of Melbourne are tabled at the South Derbyshire local authority site. At the time of writing, 02 November 2012, the different rates are:

  • Band A - £984.00
  • Band B - £1,148.00
  • Band C - £1,312.00
  • Band D - £1,476.00
  • Band E - £1,804.00
  • Band F - £2,132.00
  • Band G - £2,460.00
  • Band H - £2,952.00

Q.

Is preparation of statutory declarations paid to the solicitor?

A.

It may not be clear if a charge is a disbursement or fee. This cost is a fee not a disbursement, and will generally be included in a quote.

Q.

What makes the conveyancing process in Melbourne appear to be so drawn out?

A.

Conveyancing in Melbourne may take more time for many reasons. Some reasons are regrettably out of a solicitor's hands. Homeward Legal seek to lessen their burden by using fast search providers.

Q.

When in the conveyancing process should we speak to a conveyancer to handle our sale?

A.

In the vast majority of cases, instructing as soon as possible is wise, as there are several tasks that may be performed straight away. Some groups advocate postponing instruction until an offer has been firmly agreed, but doing so will put you at a disadvantage compared to better prepared buyers, or if your buyer decides to pull out due to delays.

Q.

My agent has put forward a solicitor . Is it advisable to use this firm?

A.

Both agents and mortgage brokers will suggest a conveyancer. These referrals need to be weighed up against alternatives, as there is a risk that an agent may choose the solicitor willing to pay the highest referral fee, not the law firm with the best reputation.

 
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