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Conveyancing in Trimdon Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 18/07/17

The nearest train station to Trimdon is Durham, Southbound, almost 8 miles away. The nearest airport to Trimdon is Darlington, Durham Tees Valley Airport (13 miles).

Sedgefield Community is a nearby hospital.

Q.

How do we find the best rates for conveyancing in Trimdon for a £61,000 property?

A.

Numerous solicitors purport to offer so-called 'the cheapest conveyancing', but extra fees are frequently hidden in the solicitor's terms. Any additional fees should be fair and reasonable. Your conveyancing quote should state any disbursements to be paid.The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Should we get a surveying expert to investigate our house purchase?

A.

The Royal Institution of Chartered Surveyors recommend that property purchasers arrange a building survey. A wide range of defects have a negative impact on a property, for example roof damage or poor ventilation, and issues such as these are not likely to be investigated as part of the conveyancing itself.

Q.

Please give reasons why the purchase conveyancing process takes such a long time?

A.

Conveyancing could take more time than budgeted even in ideal circumstances. The delays may be out of a lawyer's control. Homeward Legal aim to minimise their impact whenever possible.

Q.

I am buying with Alliance and Leicester - what will we need to consider?

A.

When purchasing with a mortgage, your lender will require legal work to be carried out on their behalf. Over the last two years, some lenders have opted to reduce the size of their 'solicitor panel'. Homeward Legal can act for many lenders to ensure that you will not need to pay your lender's conveyancing fees.

Q.

We are buying a £180000, what should be worked out for Stamp Duty Land Tax rates?

A.

Stamp Duty is calculated with reference to the purchase price. On a £180000 property, stamp duty will be £1800.

Q.

Please recommend how to avoid paying SDLT rates?

A.

Stamp duty scheme is not recommended for purchases in Trimdon, as such schemes are expensive and , if a scheme is challenged, you can be fined up to 100% of the amount owed, in additional to the tax itself.

Q.

In relation to the extensive flooding in Sept 2012 in North East England, we are anxious that flood searches may not be sufficient?

A.

Environmental searches carried out by a Trimdon conveyancer should include a more specialist Landmark flood search if required.

If you remain worried you might consider contacting a local resident.

Q.

What amount of time should we account for the conveyancing process need?

A.

The length of time taken to transact residential property varies, with reference to a number of issues which can include if the property being bought or sold is leasehold. With our Trimdon property specialists, your sale, purchase or remortgage receives communicative and proactive service, resulting in the fastest possible outcome.

 
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