Are we in danger of gazumping?
The practice of rejecting an accepted offer on a home after a new buyer makes a more attractive offer is known as gazumping. The will be a chance of getting gazumped in any transaction, because offers are not binding until exchange of contracts. You should instruct a solicitor early to reduce the chance of gazumping.
How can we determine Stamp Duty Land Tax rates, and what will it be on a £1006000 property?
The Stamp Duty rate that will be due will rely on a small range of considerations, including the home's value. Stamp duty will be £50300 on a £1006000 property.
How long should I plan for the legal work to sell a home take?
The length of time needed to transact property is not wholly predictable, affected by a number of aspects, for example, if third parties fail to promptly answer queries. With our Nannerch property specialists, your transaction is undertaken as quickly as possible.
Do I need to select a conveyancing solicitor put forward by the agent?
Many estate agents have arrangements with solicitors where they refer conveyancing clients to them. These referrals must be compared with other local solicitors, or better-value firms found online, as an agent may select the solicitor willing to pay the highest referral fee, not a firm with local expertise and a solid reputation.
We are selling in Nannerch, and have had a conveyancing quote from you. Will we be billed any extra charges?
No. Homeward Legal will not charge any extra, hidden costs. Know that some conveyancers give 'quotes' which are in fact estimates. You may face a much greater total fee when you have completed.
I am intending to buy a medieval barn conversion in Nannerch. Will a chancel search be appropriate?
Your solicitor could advise a chancel search. In Nannerch's much older areas, chancel repair may be imposed on owners of a property where church councils may have not done so in the past, so it can be difficult to use this as a guide.