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Conveyancing in Nailsea Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/07/17

Things to do in Nailsea

Tyntesfield National Trust , Blacknore Point Lighthouse, Clapton-In-Gordano St Michael Churches Conservation Trust and Brockley St Nicholas Churches Conservation Trust are in the vicinity of Nailsea.

The nearest airport to Nailsea is Bristol Airport. and Nailsea's nearest train station is Nailsea and Backwell at 1 mile s.

The closest hospital to Nailsea is Clevedon.

Q.

How do I find the cheapest Nailsea conveyancing quote?

A.

Various solicitors purport to offer so-called cheap conveyancing. However additional fees will be included in the solicitor's terms of engagement. Extra charges listed in terms of engagement needs to be fair and reasonable. The conveyancing quote should also clearly state applicable disbursements.

Q.

I am intending to purchase with Virgin Money, what do we need to check?

A.

Buyers should be aware that, over the last two years, some lenders have opted to reduce the size of their 'solicitor panel', which may result in higher legal costs for buyers. We will act for all large mortgage lenders.

Q.

How is Stamp Duty Land Tax rates calculated, what should it be on a £950k residential property?

A.

Stamp Duty in Nailsea is dependent on the valuation. It will be £38000 on a £950k property.

Q.

Are there many purchasers in Nailsea gazumped?

A.

Gazumping happens when a purchaser's offer is rejected, following initial acceptance, by the seller, opting instead for another buyer's higher offer. Though gazumping is uncommon when property prices are falling, there is still a chance. Instructing a fast, efficient solicitor early, and even before acceptance of an offer to handle your transaction should help to reduce the likelihood of gazumping.

Q.

When do I need to find a conveyancer?

A.

The short answer is, the earlier in the process you can instruct a conveyancing solicitor, the better, as there are several tasks that can begin immediately. Early instruction of a conveyancing solicitor could mitigate the chance of the transaction aborting.

Q.

Which local authority looks after Nailsea?

A.

Nailsea is located in North Somerset District Council, Town Hall, Walliscote Grove Road, Weston Super Mare, Somerset, BS23 1UJ, phone: 01934 888 888

Q.

How much can conveyancing searches cost?

A.

With a Homeward Legal solicitor, you will be charged at most £249 for a standard search bundle.

Q.

Please explain why the conveyancing process takes such a long time?

A.

Conveyancing may be delayed. We understand that these can cause considerable stress and aim to minimise the cost of these delays by pushing all parties involved. Reasons for delay can include issues elsewhere in a chain.

 
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