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Conveyancing in Pratts Bottom Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/10/17

Pratts Bottom attractions

Keston London Windmill, Downe Down House (Charles Darwin) English Heritage and Lullingstone Roman Villa English Heritage are in Pratts Bottom.

Drivers are well served with Pratts Bottom having very convenient road access close at inside 2m of the M25 Junction 4 Westbound.

London Biggin Hill Airport is 4 miles from Pratts Bottom. London City Airport is 12 miles, London Heliport Airport is 16 miles, Gatwick South Terminal Airport is 18 miles, Gatwick North Terminal Airport is 18 miles, Rochester Airport is 18 miles and away. The closest station to Pratts Bottom is Knockholt, almost 1 mile away.

The most convenient hospital is Chelsfield Park Orpington.

Q.

I need to find a solicitors firm that offers cheap conveyancing. Will I get a quote or and estimate?

A.

This affects many buyers who opted for a very cheap quote, only to be stung later in the conveyancing process. Many property lawyers purport to offer so-called 'the cheapest conveyancing quotes', however extra charges may increase the final bill. Third party costs, termed disbursements, to be paid must also be stated on the conveyancing quote Any extra costs included in terms and conditions needs to be fair and come into force only if your lawyer must complete additional work , which could not be anticipated at the start of the process. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

Are buyers often gazumped in Pratts Bottom?

A.

Gazumping describes when a property seller accepts the 1st purchaser's offer and then dismisses it, opting for another buyer's offer. It could happen only days prior to exchange. Because acceptance of an offer is not binding on the seller until exchange of contracts, there is a risk of gazumping. You should instruct a proactive solicitor early, and even before acceptance of an offer to reduce the chance of gazumping.

Q.

What do we need to be aware of if buying a Pratts Bottom home in a Bromley local authority designated conservation area ?

A.

An integral part of conveyancing for purchasers includes carrying out searches of Bromley planning authority to establish conservation area status and permission for any alterations. .

Q.

For fast legal work to buy a £357k home, what can we do to accelerate the conveyancing process?

A.

Experienced buyers will tell you that a fast completion is crucial to instruct a experienced property lawyer. Additionally, there are a number of tasks you as the purchaser can also do to accelerate the process, including, if you intend to get a house survey, doing so as early as you can, responding to all correspondence via the fastest means and asking for property searches to be ordered immediately.

Q.

For a property valued at £367000, how is Stamp Duty Land Tax calculated?

A.

SDLT is calculated with reference to the house or flat's price. For a house purchased for £367000, SDLT is £11010.*

*Accurate July 2012

Q.

Is there an authority that has any comprehensive data on the standard of Pratts Bottom conservation areas?

A.

English Heritage, a government body, have produced details in relation to the condition (poor to good) of conservation areas in Bromley and throughout England in addition to the risk of the area falling into disrepair.

Local Pratts Bottom conservation areas for instance upkeep of paths, non sympathetic doors or poorly maintained roads are handled by Bromley.

Q.

I am purchasing a house with Derbyshire Home Loans - what will we need to check?

A.

When buying with a mortgage, the lender will require legal work to be carried out. Some lenders have reduced the number of firms on their approved panel. This can mean higher conveyancing costs for purchasers. We are able to act for all major lenders.

Q.

Would the form for fixtures and fittings include things such as beds?

A.

In general, fixtures are permanently fixed to walls and other surfaces and fixtures are free-standing. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction, and which can make the completion of a fixtures and fitting form necessary.