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Conveyancing in Paignton Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 14/01/18

Paignton travel information:

The nearest airport to Paignton is Exeter International Airport (21 miles). Plymouth City Airport is 24 miles and away. The closest station to Paignton is Paignton.

Q.

Paignton area information

A.

Berry Head Lighthouse, Kirkham House English Heritage and Berry Pomeroy Castle English Heritage are close to Paignton.

The most convenient hospital to Paignton is Paignton.

Q.

We are looking for the cheapest conveyancing quote. Will I get a quote or and estimate?

A.

Confusion over this matter catches out many buyers, and can leave them paying far more in conveyancing fees than they budgeted. Many firms offer so-called cheap conveyancing quotes, but extra fees can inflate your final bill. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Is Homeward Legal geared up for 28 day completions on the legal conveyancing of auction properties in Paignton?

A.

Our team are auction specialists and frequently act for buyers at auction. We often advocate auction buyers to formally instruct a SRA regulated conveyancing firm well before the actual auction to allow time for a detailed report of the auction pack.

Subsequently, immediately after the auction day a lawyer will be prepared for conclude the legal side of things in 28 days after exchange of contracts, a requirement of terms of sale.

Q.

How much can my conveyancing searches cost?

A.

The cost of conveyancing searches substantially varies. Conveyancing searches are paid out to a 3rd party.

Q.

How do we avoid paying out for stamp duty?

A.

Stamp duty scheme is not recommended for purchases in Paignton, because these schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed meaning that the full stamp duty amount will be payable, with potential fines.

Q.

Which local authority looks after Paignton?

A.

Paignton is located in Torbay Council, Town Hall, Castle Circus, Torquay, Devon, TQ1 3DR, phone: 01803 201 201

Q.

Harpenden Building Society is going to be our lender, is there anything I need to be aware of?

A.

Traditionally, solicitors could carry out mortgage-related work for most lenders. Over the last two years, some lenders have reduced the number of firms on their approved panel, which may result in greater legal costs for buyers. Homeward Legal, fortunately, are able to act on behalf of many lenders.

Q.

What causes conveyancing for a purchase to have so many delays?

A.

The conveyancing process may be lengthy. Homeward Legal strive to reduce the consequences of these delays wherever possible to do so. Delays may include waiting for a mortgage offer.

Q.

What type of searches into the risk of flooding at Devon will the Paignton property solicitor actually apply for on a Sixties property we are going to purchase?

A.

A conveyancing lawyer will carry out standard formal environmental searches, which include Paignton flood risk area data.