Conveyancing In Newquay Q & A's
I am planning to sell my house and have a quote from you. Might we be billed any supplementary hidden charges when the purchase completed?
Regrettably, it is common practice for some firms to hide fees in small print. Homeward Legal will not charge any additional costs. If you are comparing quotes, consider that some solicitor do not give accurate quotes, only estimates, which could be totally different to your final invoice.
Would you advise that I get a chancel search? We are buying in Newquay.
Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Newquay property likely to be affected. A chancel search is employed to check whether such a liability exists. The solicitor handling your conveyancing will be able to advise as to whether a chancel search is necessary. Newquay ecclesiastical properties where a chancel search may be appropriate include St Colan St. Colanus, St Mawgan St Mawgan and St Michael the Archangel.
If I’m renting out rooms in my house, do I need to appoint a solicitor?
No, you don’t, because there is no legal imperative for you to do so. However, it’s not as straightforward as simply leasing out a room to a renter because there are certain provisions that must be met in order to protect you as the renter and the person renting the room.
This depends on the room and where it is in the property, state of the plumbing, insurance, and a number of other factors. You’ll also need to draw up a tenancy agreement to ensure demarcation and rights for both parties. While you won’t necessarily need a solicitor involved, it’s worth contacting a letting agency who will have the experience and knowledge to ensure you have everything in place. Be aware that any advice you seek from professionals may come with a fee, so it would be worth shopping around first.
What does the Newquay property lawyer do when the property we hope to invest in is within a conservation area and has unbecoming removal of chimney stacks installed?
Your instructed conveyancing solicitor should ascertain whether the property is inside a designated conservation area, and if so whether any modifications have the appropriate consent.
What’s the difference between residential and commercial conveyancing?
In essence, there is very little difference between the tasks needed for residential conveyancing against commercial conveyancing. The real difference comes in the type of property and the purpose for which it is intended to be used.
The majority of residential transactions are freehold, whereas commercial transactions are almost exclusively leasehold, and commercial property conveyancing searches will tend to be more expensive because the structure and land will occupy a greater space on average than that for residential property.
A right of way on the property I’m buying is redundant, but how do I get it removed from the deeds and registry?
A right of way through the grounds of a property is probably an inheritance before other building in the vicinity occurred that has since made the passage through redundant.
But, while having the right of way registered with the deeds means that feasibly someone could insist that they use it (as their public right), but, if they can’t access where the right of way originally led, it makes it a pointless activity.
It’s so unlikely that anyone will want to do this that you have to weigh up the cost of the legal process to get the right of way officially removed against not proceeding. However, if you are at all worried, talk to your solicitor so that it can be investigated further as part of the conveyancing, at which point they can guide you on the appropriate action and the associated costs (this will be in addition to the standard fees for the conveyancing and your solicitor will advise of this additional cost).
Homeward Legal's solicitors provide transparent quotes, detailing what is included in the fees and disbursements and will help with estimates for additional legal work. So, now is the best time to get your conveyancing under way on 0800 038 6699.
How much is stamp duty and land transaction tax?
The Stamp Duty Land Tax (SDLT) is based on a trigger threshold of £125,000, followed by a calculation of increasing percentages against the price bands, which are then added together:
- Less than £125,000 = 0%
- £125,000-£250,000 = 2%
- £250,000-£925,000 = 5%
- £925,000-£1,500,000 = 10%
- More than £1,500,000 = 12%
For example, a house bought for £450,000 will trigger SDLT at £12,500 (£0 for the first £125,000, £2,500 for the next £125,000, and £10,000 for the next £150,000 as the price falls in the first three bands).
We need to complete this purchase as soon as possible, can we guarantee a fast conveyancing process in Newquay?
Finding a proactive solicitor is the key to fast Newquay conveyancing. There are a number of tasks you could do to get moving sooner, such as, requesting status updates from the solicitor regularly, replying to your solicitor by phone, fax or email and if you intend to get a house survey, doing so as early as you can.