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Conveyancing in Petersfield Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/10/17

Petersfield information:

Petersfield's closest airport is Southampton, Mitchell Way Airport (19 miles). Farnborough (TAG London) Airport is 21 mile s, Southampton Airport is 19 miles, Bembridge IoW Airport is 24 miles and Blackbushe Airport is 23 miles away and Petersfield's closest station is Petersfield at 1 mile s.

The nearest hospital is Petersfield.

Q.

How do we find a discount conveyancing estimate?

A.

Various conveyancers purport to offer supposedly 'the cheapest conveyancing quotes', but additional costs will be included in the solicitor's terms that buyers often do not check. Costs found in the terms should be fair. Based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

What can a Petersfield conveyancing lawyer do if the property I want to buy is situated in a registered conservation area and has unbecoming new windows installed?

A.

A property solicitor will carry out searches establish if the property is affected by a conservation area, and if so, whether any modifications have appropriate permissions from the local council.

Q.

How much time can the legal work to buy property often take? We need to move quickly.

A.

For the majority of home movers, the number of weeks needed to sell or purchase property does vary, with reference to a number of factors, for example, if either party has a mortgage. 8 to 12 weeks is the average for many firms, whereas our solicitors work for a deadline of six weeks.

Q.

What causes conveyancing to take so long?

A.

The legal work undertaken to transfer property in Petersfield could be delayed. Homeward Legal know how distracting such delays can be and do our best to reduce their cost where feasible to do so. There are numerous reasons for delay, such as the length of time it takes for the managing agent or landlord to respond to queries.

Q.

Alliance and Leicester is our mortgage lender - what do we need to know?

A.

Prior to recent changes, solicitors could carry out mortgage-related work for most lenders. Buyers should be aware that some lenders have opted to reduce the size of their 'solicitor panel', resulting in increased legal costs for property purchasers if a second solicitor is required by their lender. We will act on behalf of all large lenders in the UK so that the buyer will not have to pay your lender's legal costs.

Q.

We are purchasing a £175000. How is stamp duty calculated?

A.

The Stamp Duty you will owe will depend on the valuation. On a £175000 property, stamp duty will be £1750.*

*This information correct as of March 2013

Q.

Will the Petersfield conveyancer carry out any conveyancing searches on the Hampshire period semi-detached home I want to buy?

A.

The routine legal protocol is to get Local Authority, Drainage and Water Search and Environment Search as well as any less common searches such as Commons Registration (CON290).

Q.

In what ways can the lawyer in Petersfield report on the potential risk of floods around Petersfield?

A.

A key part of the conveyancing procedure of purchasing a property involves a lawyer conducting environmental searches that go in some details on the Petersfield flood risk.