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Conveyancing in Wantage Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 26/04/17

Wantage's nearest airport is Kidlington, Oxford Airport (17 miles). and Wantage's nearest train station is Didcot Parkway at 8 miles.

Wantage is a nearby hospital for Wantage.

Q.

How do we find the cheapest Wantage conveyancing quote?

A.

The confusion over what is, and is not, included in a 'cheap' quote leaves many sellers and buyers paying out more than they anticipated in the end, and many law firms promote supposedly cheap conveyancing quotes. However additional costs may inflate the final invoice. Any additional costs should be fair. They be applicable solely where the solicitor must complete additional work , which could not be anticipated at the start of the process.

Q.

Should we select a property lawyer offered by our estate agent?

A.

Many agents have arrangements with solicitors where they refer conveyancing clients to them, however, such referrals should be compared to other online or local firms, as some agents may 'recommend' the firm which pays to the largest referral fee, not the best value for you.

Q.

We are buying on a ex-industrial site. Could the soil be contaminated by industrial waste?

A.

Soil contamination is monitored closely. Other sources of contaminated land include industrial storage and groundwater contaminants like solvents.

Q.

Does 'fixtures and fittings' include things like lamps or lightshades?

A.

There is not a absolute definition of fixtures and fittings, potentially leading to anger after a sale completes and the previous owner has taken certain items or fixtures with them. The need to clarify this is often not considered, hence the importance of a complete fixtures and fittings form, agreed by both parties.

Q.

As a consequence of the Met Office warning of more intense rainfall we are asking if property conveyancing searches won't be sufficient?

A.

An experienced solicitor in Wantage will advise you to include in depth conveyancing and environmental searches from Landmark if the environmental searches spots a any kind of local Wantage flood risk.

It is not uncommon for buyers to speak to a future neighbour to get more local information.

Q.

How is stamp duty rates assessed in Wantage, how much do we need to pay on a £669000 home?

A.

The Stamp Duty that is payable depends on the purchase price. For a property estimated at £669000, SDLT will be £26760.

Q.

Should I get a surveying expert to inspect our property purchase?

A.

We advise that most Wantage buyers instruct a house surveyor. Many problems have a negative impact on a property, including settlement. Such issues will not be considered during the conveyancing work itself.

Q.

How much does the searches usually cost?

A.

The cost of conveyancing searches on a Wantage purchase does vary. Other informative searches include a gypsum search.

 
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