Conveyancing In Whalley Range Q & A's
Is obtaining landlord's consent to assignment of lease passed on at cost?
All fees and disbursements should be clearly stated on a quote for your conveyancing. This cost is a fee not a disbursement. It should be included in your conveyancing quote.
How is Stamp Duty Land Tax calculated?
Stamp Duty Land Tax is dependent on the property's value. On a £960000 home, stamp duty will be £38400.*
How much effort is it to sort out a house in multiple occupancy (HMO)?
A house in multiple occupancy is defined as a property where at least three tenants live forming more than one household (one person or more living together), but share kitchen and bathroom facilities.
As a landlord of an HMO, your responsibilities include ensuring proper fire safety measures are in place, gas safety checks are completed annually, the electric system is checked every five years, there are sufficient bathroom and kitchen facilities for everyone to comfortably use, communal areas are kept clean and safe to use, and waste disposal is managed effectively (provision of bins and bags).
This requires more effort than having a property to rent to one household, and you may wish to employ a solicitor to sort out the legal side of things in the first instance, and a property management company to handle the administration, disputes, etc. on a daily basis.
Homeward Legal's experienced solicitors have completed many different transactions including properties for HMOs. Why not give us a quick call now on 0800 038 6699 to get your conveyancing under way today?
I am buying in Whalley Range, is it that necessary that 'conveyancing searches' are carried out?
These searches are a collection of enquiries requested by your solicitor, including a local authority search. Whalley Range purchasers should know that, conveyancing searches consider legal facets of the purchase.
What do I do if new and severe damage is found after moving in?
You should reasonably expect the home into which you’re moving to be cleared, clean and without additional damage. Of course, things can happen as removals can chip plaster, scratch or tear wallpaper, etc., but if there is significant damage that was not present before, it would be advisable to talk to your solicitor to see if there is any recourse for you on your seller.
You may also like to think about writing a clause into the contract that money will only be released after a cursory inspection of the premises to confirm that you are happy. This needs to be agreed with the seller’s solicitor, but the expectation is already raised. Beware that, in the chaos of the moving day, you can’t afford to delay things too much, so it’s a fine balance.
We are intending to buy a church rectory in Whalley Range. Will a chancel search be specified?
The solicitor could advise that a chancel search is ordered, whichever parish in which the home being purchased is located. In Whalley Range's much older areas, chancel repair may be imposed on current owners of a home where Parochial Church Councils may have not done so in the past. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.
We are moving in Whalley Range, and have a quote from you. Might there be any hidden costs?
No. We never hide any extra, hidden costs. Some solicitors' firms will give a low estimate, not an accurate quote, which could be totally different to your final invoice.
What type of enquiries in respect to the risk of flooding in Greater Manchester will my solicitor in Whalley Range check out?
A qualified residential property lawyer applies for formal property environmental searches, which include Whalley Range area flood risk data.