Do you address taking precautions to defer paying HMRC stamp duty?
Stamp Duty Land Tax (SDLT) is generally payable on residential property priced at over £125,000. Homeward Legal do not recommend clients arrange any stamp duty scheme, as such schemes are costly and HMRC may challenge a scheme up to six years later and the total stamp duty, with interest, will be due.
If I’m putting my furniture and other things in storage, will the process take longer?
There shouldn’t be any reason why your move would take longer than a standard removal if you are pitting your belongings into storage. In fact, in some instances, it might be beneficial for the chain and your completion on the sale, since you are likely to incur fewer delays in the process because you can put your furniture and other things in storage before the event.
Whatever your plans, it’s worth mentioning them to your conveyancing solicitor so that they know the logistics on the day of completion, and may even be able to provide advice and pointers on what to consider before the day to ensure things move more smoothly.
Why could the conveyancing process require weeks?
The legal work required to buy or sell a home will occasionally suffer setbacks, Homeward Legal, however, work hard to minimise their consequences by chasing for prompt responses.
How is contaminated land in Stockley Park checked when buying a house?
Stockley Park property would be contaminated by a broad range of human activities, and factors like military land will be considered as part of the environmental searches.
If I am intending to buy in the parish of St George Hanover Square, will it be necessary to get a chancel search?
Regardless of the Stockley Park parish in which you are buying, the conveyancing lawyer may suggest that a chancel search is taken out. In Stockley Park's much older areas, chancel repair has the potential to be imposed on current owners of a home where church councils have not imposed the same liability on the last owners, so the solicitor will be unable to make any guarantees, and will recommend insurance.