Will the Northwick Park lawyer get any searches on the London period terraced cottage I am buying?
If buying and taking out a mortgage a mortgage lender mandates at least a specified set of searches, including the following Local Authority Search, Drainage and Water Search (CON29DW) and Environmental, and, depending on certain criteria, less common searches, which may include a Utilities report.
I would like to know which Northwick Park lenders your conveyancing solicitors work with. Whose panels are your solicitors members of?
Most lenders in Northwick Park are on our solicitors' panels. Northwick Park lenders and mortgage specialists include Mortgage And Financial Advice Shop, 118-120 Kenton Rd, Harrow, HA3 8AL.
What sort of investigation as respects the risk of possible flooding around Harrow will the Northwick Park property solicitor advise us on for a Sixties property I am purchasing?
A qualified conveyancing lawyer applies for formal property conveyancing searches that incorporate Northwick Park flood risk area data information. Furthermore the solicitor in Northwick Park might suggest an inexpensive (around twenty pounds) and more involved local flood search.
Is the HS2 line going to impact Northwick Park?
Yes, HS2 will likely be an issue in a number of homes in Northwick Park. Northwick Park Properties within 200m of the line will be identified during a search, but disruption, noise and vibration pollution may affect a much wider area.
Does anybody hold any thorough info on the upkeep of conservation areas in Northwick Park?
Conservation areas in Northwick Park, like street furniture, coloured road surfaces or ugly highway signs are managed by the local authority (Brent). English Heritage, a government body, administer details of the condition (poor to good) of conservation areas in Harrow and throughout England along with the vulnerability of the area.
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 are buying on a Northwick Park former industrial site. Is the soil possibly contaminated?
Northwick Park industry and natural causes can cause topsoil contamination. Metal contamination of topsoil in Northwick Park is more likely to occur near landfill sites. Data on other contaminants, like asbestos, will also be included in an environmental search.