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Conveyancing in Templecombe Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 20/10/17

The nearest train station to Templecombe is Templecombe, approximately a mile away. Bournemouth International Airport is 30 miles from Templecombe.

Verrington Wincanton is the most convenient hospital.

Q.

How do we get low cost conveyancing?

A.

Both high-street and online conveyancers offer so-called 'the cheapest conveyancing quotes'. Often additional fees are often hiding in small print, left unregarded by busy buyers Any extra charges which are listed in terms of engagement should be reasonable and be applied only where the conveyancer must perform additional tasks for you, which could not be anticipated at the start of the process. Applicable disbursements should also be included on a Templecombe conveyancing quote. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

What precautions can I take to avoid paying for stamp duty in Templecombe?

A.

SDLT commonly must be paid on property sold for more than 125,000 pounds. Stamp duty mitigation must be treated with caution. Such schemes are expensive and HMRC may challenge a scheme up to six years later.

Q.

What do conveyancing searches appertain to?

A.

Conveyancing searches are queries ordered by the purchaser's property lawyer. They are unrelated to a building survey and are unable to address physical defects.

Q.

Flood searches may be conveyancing protocol but when one considers recent climactic events such as the extensive flooding in Sept 2012 in South West England are they still appropriate to advise us sufficient information about the evolving Templecombe flood risk area?

A qualified property solicitor in Templecombe should always get conveyancing searches (environmental) from Landmark if the environmental searches spots a significant risk Templecombe flood risk.

It may be prudent to get in touch with a neighbour to get further local history.

Q.

Which factors will contaminate land in Templecombe, and should they be a concern?

A.

A wide range of contaminants may spoil residential property in Templecombe . Contaminants like waste treatment sites in the area or air pollution will be detailed in an appropriate search.

Q.

What can a Templecombe conveyancing solicitor advise if the building we are intending to buy is located in a South Somerset planning authority conservation area that may have unauthorised window frames fitted to it?

A.

South Somerset planning authority Requisition for search and Official Certificate of Search conducted by the solicitor during the legal process should find out if the property is inside a conservation area and any evidence of formal approval for additions to the property will be requested.

Q.

For the purchase, my mortgage lender, we have chosen Virgin Money, is there anything I need to consider?

A.

Buyers should be aware that, recently, a number of lenders are now reducing their 'solicitor panel', potentially creating higher conveyancing costs for property purchasers. We will act on behalf of many lenders in the UK.

Q.

For a fast conveyancing transaction on the purchase of a £718,000 house, how could we speed up the process?

A.

It is a truism that instructing a proactive and experienced solicitor is essential to a faster move. There are a number of tasks you, as the purchaser, can also do to get moving sooner, including, promptly completing and return any forms, clarifying your mortgage lender's requirements and calling or emailing your solicitor, and chase them if you suspect any delays.