How much is stamp duty and land transaction tax?
The Stamp Duty Land Tax (SDLT) is based on a trigger threshold of £125,000, followed by a calculation of increasing percentages against the price bands, which are then added together:
- Less than £125,000 = 0%
- £125,000-£250,000 = 2%
- £250,000-£925,000 = 5%
- £925,000-£1,500,000 = 10%
- More than £1,500,000 = 12%
For example, a house bought for £450,000 will trigger SDLT at £12,500 (£0 for the first £125,000, £2,500 for the next £125,000, and £10,000 for the next £150,000 as the price falls in the first three bands).
Is caesium identified in Selsdon soil?
Even where some contamination has occurred in Selsdon, risk levels are usually low. Data on many contaminants, such as asbestos and groundwater contaminants like solvents, will be included in an environmental search.
How much would the fee for my conveyancing searches be?
The cost of searches varies appreciably, depending on the specific searches which have been ordered. These searches are charged 'at cost'.
Will your Selsdon lawyer do any searches on the London Edwardian mid terrace house I am intending to purchase?
If buying and obtaining a mortgage lender insist that a solicitor to get at least the following Local Authority (personal or official), Drainage Search (Con29DW or personal) and Environmental and, depending on certain criteria, less common searches, which may include a HS2 report.
Which of the lender panels in Selsdon are your solicitors on?
Most lenders in Selsdon are on our solicitors' panels. Local mortgage lenders and brokers include Oskat, 189 Southwark Pk Rd, London, SE16 3TX, Alpha Property Services (UK) Ltd, 307 East St, London, SE17 2SX, and Direct Mortgage Centre, 87 Burdett Rd, London, E3 4JN.