What do I provide to the solicitor on my house sale?
The list of documents required is quite simple, but will be required at different stages of the process (but ideally any forms should be completed and returned on the day of receipt and preferably delivered by hand or email).
- Proof of id
- Title deeds (if you have them; they might be lodged with the solicitor who handled the purchase of the property you are selling, or the mortgage company)
- Fixtures and Fittings Form (TA10)
- Property Information Form (TA6) – information on boundaries, disputes and complaints with neighbours, notices and proposals, alterations and planning consents, building regulations, electricity and gas certificates, guarantees and warranties, insurance, environmental matters affecting the property, rights and informal arrangements, parking, other charges, services, connection to utilities and services, and transaction information
- Copies of documents referenced in the PIF
- Leasehold or shared freehold documents
- Management Information Pack
- Energy Performance Certificate
Providing all this documentation as quickly as possible, as well as responding to arising questions throughout the conveyancing within a couple of hours will help to speed the conclusion of your transaction up considerably.
What is stamp duty and land transaction tax?
Stamp Duty Land Tax (SDLT) is a proportion of the final sale price of a property payable to HMRC by the buyer. The current trigger threshold is for any property priced at £125,000 or over (unless you’re a first-time buyer, in which case you pay less or no tax for properties priced at less than £500,000). Your solicitor will handle the transfer of the tax as part of the final tasks on your conveyancing.
In Scotland, buyers have to pay Land and Buildings Transaction Tax and, in Wales, the Land Transaction Tax is triggered at properties priced over £180,000.
In all cases, the amount payable is based on a sliding scale as the price goes up as a proportion of that range added together than an overall flat tax amount or percentage. So, the higher the price goes up, the greater the amount of tax you have to pay.
Unfortunate financial circumstances mean we want to complete on the conveyancing process on a leasehold apartment in under 30 days, do Homeward Legal have fast solicitors in Saundersfoot ?
Sometimes house buying and selling legal firms are extremely unhurried which causes unnecessary misery to the home conveyancing process.
Homeward Legals carefully selected solicitors endeavour to communicate efficiently from the start to the end of the buyer and seller chain and who employ new e conveyancing and IT systems to exchange on the sale to your ideal move date.
Is it hard to sell a property located in a conservation area?
A conservation area is designated and managed by the local authority to ensure the unique nature of the location is maintained by placing restrictions on changes to the buildings, street furniture and green spaces to protect the architectural or historical interest of everything within the conservation area boundary.
Because of this resistance to change, this usually means homes in conservation areas are more attractive to buyers, and, as such, there may be a premium to pay over properties outside such areas. Because of the attraction of such property, they will usually sell well and quickly. However, there will need to be greater checks by the buyer’s solicitor to verify that your property conforms to the conservation area restrictions, which may add extra time to the duration of the conveyancing.
Homeward Legal's solicitors have a great deal of experience working with sales and purchases in conservation areas, so why not give our team a quick call on 0800 038 6699 right now to find out what we can do to help your plans?
Has topsoil in Saundersfoot been contaminated by aluminium?
The risks posed by soil contamination to Saundersfoot inhabitants are usually low. Metal contamination of soil in Saundersfoot is more likely to occur near waste treatment sites. Data on other contaminants, like perchlorate, will also be included in an environmental search.
When buying a 1930s investment property in a designated conservation area in Saundersfoot, how do I lay my hands on data in relation to the standard of upkeep of the area?
Conservation areas in Saundersfoot are created by the local authority (Pembrokeshire) who preserve things like what can be demolished to the stoppage of rundown streets.
English Heritage have assembled information in relation to the condition (poor to good) of conservation areas as well as the risk of deterioration.