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Conveyancing in The Park Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 19/04/17

Collingham station is approximately 3 miles from The Park. The closest airport to The Park is Gamston Airport (12 miles). Tollerton Airport is 19 miles and away.

Newark is a nearby hospital.

Q.

We need to find the cheapest conveyancing solicitors in The Park. What do we need to check for?

A.

The lack of clarity surrounding this point catches out many homeowners, and can leave them paying far more in conveyancing fees than they budgeted, and many firms claim to offer 'the cheapest conveyancing quotes', however extra costs will be included in the solicitor's terms of engagement. Excited homeowners, eager to get underway, often ignore this small print when they instruct. Your The Park conveyancing quote should, in addition, define any disbursements. Extras listed in the solicitor's terms ought to be clearly defined. They only apply in cases where the lawyer must perform additional tasks for you, which could not be anticipated at the start of the process. Homeward Legal quotes offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

Does homewardlegal.co.uk manage auction conveyancing in The Park?

A.

We are highly knowledgeable with auction buyers and sellers. Traditionally hard to value homes e. g. where located in disadvantaged or undesirable areas, are purchased in property auctions which will want supplementary due diligence before committing. We therefore suggest auction buyers to instruct an experienced conveyancing firm in advance of the date of the auction so there is time for a title report. Following the auction day itself, a lawyer must be geared up to conclude the legal work in under 28 days after exchange, a normal requirement of terms and conditions of sale.

Q.

For a fast completion on the purchase of a £855,000 house, what should we get to speed up our conveyancing process?

A.

Finding a proactive, diligent solicitor is essential to fast conveyancing. There are several things you, as the purchaser, can also do to get moving sooner, such as, encouraging your solicitor to carry out searches promptly, answering any queries raised by your solicitor as soon as possible and getting your mortgage offer in place.

Q.

How many weeks will conveyancing usually take, according to your estimates? If it matters, we are purchasing a house in The Park.

A.

The length of time taken to sell or purchase a residence may vary, influenced by a range of issues, for example, whether either party has a mortgage. Nationally, the average is up to twelve weeks, but we deliver results within six weeks, if possible.

Q.

Will the property report prepared by the conveyancer in. The Park give information the relevant rates of the council tax for a Band E townhouse before completing on the purchase?

A.

A property solicitor will speak to the council to discover the up to date council tax band and rates, which will then be set out in the report on title.

The correct charges for. The Park are detailed at the Mansfield local authority site. On 09 March 2013 the different rates are:

  • Band A - £1,078.00
  • Band B - £1,257.00
  • Band C - £1,437.00
  • Band D - £1,617.00
  • Band E - £1,976.00
  • Band F - £2,335.00
  • Band G - £2,694.00
  • Band H - £3,233.00

Q.

Myself and my partner are purchasing a property in The Park. How do I check that the property is in a conservation area?

A.

Areas considered to be of historical or architectural value, like model housing estates, may be designated as conservation areas. The council will offer more information about local conservation areas, and the conveyancing solicitor handling your purchase address the consequences of purchasing property in a conservation area.

Q.

How do I avoid paying SDLT?

A.

SDLT commonly must be paid on houses sold for over £125,000. Homeward Legal do not advise clients get involved with any stamp duty avoidance, as such schemes are expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed. There have been a range of official schemes, however, such as relief for buyers in 'disadvantaged areas'.

Q.

We are intending to buy a property in Normanton on Soar. Is a chancel search compulsory?

A.

The The Park conveyancing solicitor might recommend that a chancel search is taken out, whichever parish in which the residence being purchased is found. Although some parish councils have chosen to charge chancel repairs on current owners of land subject to chancel liability, there is no guarantee that a parish which has not been subject to chancel liability in the past will remain liability-free for new owners, so the solicitor will be unable to make any guarantees, and will recommend insurance.

 
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