Conveyancing In Weybridge Q & A's
How is Weybridge contaminated land investigated?
Land may be contaminated by several naturally-occurring factors, like a proximate telecommunications base station. An environmental search can give more clarity.
How long does it take to move house?
Those new to buying property are often surprised by how long the process can take from start to finish. There are several factors that come into play when determining how long your transaction will take from having your offer accepted to moving into your new home: The number of people involved in the chain (the shorter it is, the easier to manage and therefore shorter in duration potentially), problems with one or more buyers in the chain getting a mortgage offer, communication, management and many others.
The greatest time that needs to be set aside is for the conveyancing, which is the complex legal process of transferring ownership of the property from seller to buyer, replicated along the entire chain. Typically, the conveyancing can take an average of between eight and twelve weeks to complete, so, in reality, you should be thinking in terms of months.
However, if you appoint a results-focused and proactive solicitor, who will do everything possible to reduce the length of time, including talking to everyone involved in the chain, pushing for swift return of forms and documentation, and using modern technology to drive the process forward, you will stand a better chance of the conveyancing being a lot shorter. And the earlier you appoint them, the quicker they can get started on your transaction.
Looking for great conveyancing where our solicitors work hard to deliver your completion as early as possible? Call Homeward Legal on 0800 038 6699 to find out how low our fees are.
Which local authority looks after Weybridge?
Weybridge is located in Elmbridge Borough Council, Civic Centre, High Street, Esher, Surrey, KT10 9SD, Call: 01372 474 474
Is there a checklist for buyers or sellers helping to decide what’s most important?
The process of buying and selling is a complex one, so it’s helpful for your research to have checklists to ensure nothing is forgotten. There are several online resources with checklists for individual aspects of the moving process, including what to consider as a first-time buyer, help to buy schemes, removals, speeding up conveyancing and so on.
When it comes to deciding what you want for your new home to help you narrow down the choice of locations and types of property available, this is largely down to personal choice, so a standardised checklist might limit your requirements. You can talk to an estate agent about what you want as they will have the experience to narrow down your options. However, you need to consider the size of the property (number of rooms, bathroom facilities, bedrooms, etc.), size of garden, proximity to public transport links, noise, entertainment options (e.g. cinema, pub, eateries, etc.), access to off-road parking, schools, speed of broadband, and so on. Consider making a list of what the property must have and an associated wish list so that likely compromises can be made.
What is stamp duty and land transaction tax?
Stamp Duty Land Tax (SDLT) is a proportion of the final sale price of a property payable to HMRC by the buyer. The current trigger threshold is for any property priced at £125,000 or over (unless you’re a first-time buyer, in which case you pay less or no tax for properties priced at less than £500,000). Your solicitor will handle the transfer of the tax as part of the final tasks on your conveyancing.
In Scotland, buyers have to pay Land and Buildings Transaction Tax and, in Wales, the Land Transaction Tax is triggered at properties priced over £180,000.
In all cases, the amount payable is based on a sliding scale as the price goes up as a proportion of that range added together than an overall flat tax amount or percentage. So, the higher the price goes up, the greater the amount of tax you have to pay.
Which of the mortgage lender panels in Weybridge are you on?
The Homeward Legal group have solicitors who have experience working with all the major lenders registered with the Council of Mortgage Lenders. A number of mortgage specialists operate in Weybridge, including Weycroft Financial Services Ltd, Flat 5 Weycroft/78 Portmore Pk Rd, Weybridge, KT13 8HH, International Mortgage Plans, Blandings/Cobbetts Hill, Weybridge, KT13 0UA, and Ridgemount Mortgages, 3 Duchess Ct, Weybridge, KT13 9HN.
Are we in danger of gazumping?
The practice of deciding to reject an offer which has been accepted after a new buyer makes a more attractive offer is called gazumping. The chance of getting gazumped exists for almost any purchase. The first step in reducing the chance that gazumping will effect you is to instruct your solicitor as early as possible.