Can I agree a sale price without involving an estate agent or solicitor?
This depends on whether you have signed up with an estate agent and what agreement is already in place. While it might seem unfair if you’ve found a buyer outside of the estate agency process and you’re expected to still pay the agent their fees on sale, you should be very careful about stepping outside the agreed terms and conditions since this is legally binding and you may face penalties as a result. Therefore, if you want to follow this course, it’s worth checking the details with a solicitor to ensure you’re following the letter of the law.
If you’re not with an agent, you can publicise your house details with a number of publications and online sites (some are free, others require a fee), but you’ll need to do all the legwork and administration. For a legal standpoint, you don’t need to appoint a solicitor to perform the conveyancing, but it would be an unwise option to pursue as you will probably have neither the training or experience in some its complexities, and you won’t have the protective indemnity insurance in the event of a problem arising with your work.
Can we get out of paying stamp duty land tax?
Stamp Duty Land Tax is generally payable for purchases sold for over one hundred and twenty-five thousand pounds. Stamp duty mitigation should not be considered when purchasing in Seaham, because these schemes are often uneconomical and unreliable.
What can a Seaham conveyancing solicitor advise if the property we hope to purchase is inside a County Durham planning authority conservation area and turns out to have unfitting artificial stone cladding installed?
The local authority search (LLC1 - Requisition for search and Official Certificate of Search) conducted by your solicitor during the legal process should ascertain if the property is in a designated conservation area and evidence of consent for changes to the property will be supplied.
How long may the legal work to sell a home need? We need to move quickly.
For the majority of home buyers, the number of weeks taken to transfer residential property is not wholly predictable, dependent on a range of considerations. Our conveyancing solicitors work hard to ensure the matter is handled quickly, and to the highest standard of service.
We have requested a quote from you. Are there any additional charges?
No. Our solicitors will not charge any extra, hidden charges under any circumstances. Some websites offer unrealistically low 'quotes' which are in fact estimates. The final bill you receive may be much more.
How can we calculate SDLT, and how much should we pay on a £477000 residential property?
The Stamp Duty that is payable will depend on the house's value. On a £477000 home, stamp duty will be £14310.
For fast conveyancing on the purchase of a £ 551,000 property, what can we do to speed up the process?
Firstly, finding a experienced lawyer is crucial to fast conveyancing. When choosing a lawyer, consider these points: Did you experience any delays when requesting a quote? What methods of communication do they use? Posting documents can adds days of waiting to a purchase. Do they offer 'no move, no fee' protection? This can incentivise a faster transaction.