What does my searches cost?
Searches range in cost, and will be dependent on your lender's requirements. They are paid to a third party, and are charged at cost.
Which factors will affect land in Redditch?
Several contaminants could impact residential property in Redditch, and an environmental search will confirm if a specific property may be affected by contaminants in the region such as limestone or gypsum quarrying. Weights Farm, Weights Lane, Worcestershire, B97 6RG is one such potential cause of local contamination.
We plan to complete on around 24th January, what will be calculated for stamp duty tax?
The Stamp Duty you pay will depend on the purchase price. On a £458000 house, stamp duty will be £13740.
Is there a checklist for buyers or sellers helping to decide what’s most important?
The process of buying and selling is a complex one, so it’s helpful for your research to have checklists to ensure nothing is forgotten. There are several online resources with checklists for individual aspects of the moving process, including what to consider as a first-time buyer, help to buy schemes, removals, speeding up conveyancing and so on.
When it comes to deciding what you want for your new home to help you narrow down the choice of locations and types of property available, this is largely down to personal choice, so a standardised checklist might limit your requirements. You can talk to an estate agent about what you want as they will have the experience to narrow down your options. However, you need to consider the size of the property (number of rooms, bathroom facilities, bedrooms, etc.), size of garden, proximity to public transport links, noise, entertainment options (e.g. cinema, pub, eateries, etc.), access to off-road parking, schools, speed of broadband, and so on. Consider making a list of what the property must have and an associated wish list so that likely compromises can be made.
Should we get searches for chancel liability? I am buying a flat conversion in Redditch.
Property owners in Redditch may be subject to chancel repair liability. Insurance may be available to protect a buyer should a Redditch Parochial Church Council enforce liability. Church of England properties in the local area include Baptist Church, St John the Evangelist, Greenlands, St Peter and St Peter's in Winyates.
If there are outstanding works approved in the planning consent, can I still use it?
Generally speaking, planning permission legally has to have an expiry date, which is usually for a period of three years from approval for the building work to start (and not necessarily complete, unless the consent has a suitable caveat).
This means that the consent is against the property and the intended construction rather than the person who made the application. As such, if the planning consent remains within the expiry period, the agreement is transferrable to the new owner of the property.
Your solicitor will be able to provide further advice, once enquiries with the local authority have been satisfactorily completed as part of the conveyancing.