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Conveyancing in Rocester Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/04/17

Rocester data:

The nearest train station to Rocester is Uttoxeter, almost 4 miles away. East Midlands Airport is 23 miles from Rocester.

St Oswalds Ashbourne is the neighbouring hospital for Rocester.

Q.

How do we find the best conveyancing rates for a 482,000 property?

A.

Numerous firms claim to offer supposedly 'the cheapest conveyancing quotes'. Often additional charges may be added into the solicitor's terms of engagement which property buyers and sellers may have not read carefully The conveyancing quote should, in addition, define applicable disbursements. Additional fees listed in terms and conditions should be clearly defined. They only be applied if your solicitor must complete unanticipated additional work in your interest, which could not be anticipated at the start of the process. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

We are buying in Rocester on a recently-developed former industrial site. Is the soil possibly contaminated?

A.

Metal contamination may have occurred throughout Rocester, but some very localised cases of contamination in Rocester may pose unacceptably high risk. Various bodies hold data on land contaminants affecting Rocester, including local authorities.

Q.

My local agent has offered a conveyancing. Is it advisable to instruct this solicitor?

A.

Both agents and mortgage brokers may suggest one or more conveyancing firms, however, these referrals must be carefully considered, as the agent may prefer to suggest the conveyancer who pays out the highest referral fee, not the law firm with the best reputation.

Q.

To complete on our leasehold property purchase ASAP, how can we get a fast conveyancing process in Rocester?

A.

Most importantly, fast Rocester conveyancing is key to instruct a communicative solicitor. Furthermore, there are numerous things you, as the buyer, can do to get moving sooner, including, contacting your solicitor regularly, completing all forms as soon as possible and clarifying your mortgage lender's requirements.

Q.

We are purchasing in Rocester with the Co-operative Bank, what will we need to be aware of?

A.

Some lenders have opted to reduce the size of their 'solicitor panel', which may result in increased legal costs for buyers. Homeward Legal can act for many CML-approved lenders so that you will not be required to pay any additional legal fees to your lender's solicitor.

Q.

Are your recommend solicitors geared up for 28 day completions on the conveyancing for auction properties in Rocester?

A.

In fact we put together legal documentation for vendors and commonly get instructed by buyers and sellers at auction. It is highly recommended buyers at auction to instruct a SRA regulated lawyer as ahead of time as possible for a full investigation of the auction legal pack well in advance of the auction. Thereafter, following the auction day itself a prepared property conveyancing lawyer should be geared up to complete the legal process inside 4 weeks as usually required by the conditions of sale.

Q.

We are purchasing a £474000. What will be calculated for SDLT?

A.

The Stamp Duty Land Tax you will owe will depend on the house or flat's price. Stamp duty will be £14220 on a £474000 property (correct March 2013).

Q.

Would you advise looking into how to circumvent paying SDLT?

A.

We do not recommend any form of stamp duty mitigation, as such schemes are expensive and can be very unlikely to succeed.

 
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