How much can my searches be?
With a Homeward Legal solicitor, clients are required to pay at most £249 for Silverstone searches. These searches are paid out to a 3rd party.
The survey revealed that no planning consent was obtained for an extension: What are the issues I’ll face?
The chartered surveyor inspecting the property will check any extensions or works that have occurred and highlight any concerns for the attention of your conveyancing solicitor, who will make enquiries with the local authority to establish whether the consents and building regulations are in place.
If the building regulations agreement is not in place, the vendor is not legally allowed to sell the property until they are, since the title deeds cannot be transferred to your ownership. If building requiring planning consent is present at the property but without proof of consent approval, the local authority might be willing to accept a retrospective approval, although this could take a long time, and, even then, they may instruct you, as the new owner, to return the building to its former state, which could be very costly.
Your solicitor will be able to advise you on the most appropriate course of action to take, including whether the retrospective planning or the reversal of building works can be renegotiated from the agreed sale price.
We are purchasing a £548000, how is SDLT calculated?
The Stamp Duty that is payable will depend on the purchase price. On a £548000 property, stamp duty will be £21920.
Which Silverstone mortgage lenders do you work with?
The Homeward Legal group have solicitors with experience working alongside most lenders. A number of mortgage specialists operate in Silverstone, including Wills Emma, 1 West St, Buckingham, MK18 1HL, Teemor Financial Services, 111 Church St, Wolverton, Milton Keynes, MK12 5LB, and Grange Mortgages & Protection Services Ltd, Unit 12b Loake Close, Grange Park, Northampton, NN4 5EZ.
Could our legal fees cover any extra charges?
No. Homeward Legal never hide any hidden fees. Some conveyancers give 'quotes' which are in fact estimates, which could be totally different to your final invoice.
What amount of time should I budget for conveyancing legal work generally require?
On average, the length of time required to buy or sell property does vary, with reference to potentially many factors including if management information is required. With Homeward Legal's Silverstone property experts, a sale, purchase or transfer of equity is handled as fast as possible, without compromising on service.