When in the conveyancing process is it wise to instruct a solicitor to act on our sale?
With few exceptions, instructing as early as possible is better, as there are a number of tasks that can be performed very early in the process. Prompt instruction of a conveyancing firm to act for you on your Stanley transaction can reduce the likelihood of your purchase or sale stalling.
What specific things do I need to look out for if I’m buying a house on the coast?
With worsening weather and floods now becoming increasingly commonplace, with the media remarking on it in depth, buying a property that has a likelihood of flooding is a difficult decision to make. Not only is there the issue of cleaning up if it does flood, but insurance premiums will be much higher (and perhaps even prohibitive).
For homes in coastal areas, there is also the problem of coastal erosion, where some properties have been seen to literally fall into the sea.
However, the good news is that picking a home in a coastal region doesn’t automatically mean that it’s going to be subject to flooding or that it’s eventually going to slip into the sea. The searches ordered by your conveyancing solicitor will identify the level of risk associated with the property and, based on this, your solicitor may recommend that you take out specialist reports (e.g. from Landmark or other organisations) to get a more in-depth description of the risks and options. These are in addition to the standard set and will be charged to you as a disbursement at cost.
Your surveyor will also be able to identify evidence of previous floods and other problems during their inspection and provide advice in their report. If the problems are considered sufficiently severe, the surveyor may also note the specifics for further investigation by your conveyancing solicitor.
Which local authority is responsible for Stanley?
Stanley is located in Durham County Council, County Hall, Durham, DH1 5UL, phone: 0300 123 7070
What can affect land in Stanley, and should they be a problem?
Residential property in Stanley would be contaminated by a wide range of human activities, and an environmental search should reveal whether a home is affected by Stanley contaminants including brine works and hazardous and regulated installations. Contamination can be caused by Stanley waste sites, including East Tanfield Clay Pits, Tanfield Lea, DH9 9.
I am buying a £965000 residence in Stanley, how is Stamp Duty Land Tax rates worked out?
Stamp Duty will depend on the valuation. Stamp duty will be £38600 on a £965000 house or flat.*
*Accurate as of 12/03/2013
I am planning to buy in Stanley. Are there any areas of conservation?
These areas preserve regions of historical or architectural value. The benefits of such restrictions include a more attractive neighbourhood, but they may impose liability on a buyer for unauthorised alterations made by previous owners.
I am preparing to be moving from our detached home just outside Stanley into our next property in Shildon what is the right point to select a house removal firm?
Most lawyers usually encourage home buyers and sellers wait arranging removals until such time as exchange of contracts has occurred as generally an actual home moving date will not have been fixed.
Try H G & H Removals, 47 Hare Law Gardens, Stanley, DH9 8DF on 0800 037 5716.