How long does conveyancing to sell a house require?
The time taken to transact a residence varies, with reference to a range of issues which may affect the property, for example, when a third party is slow to respond. Nationally, the average is up to twelve weeks, whereas Homeward Legal deliver results within six weeks, if possible.
Are your recommend solicitors geared up for move quickly on the conveyancing for property auction properties in Wimborne?
Indeed we are property auction specialists and commonly act for auction buyers and sellers. Our highly qualified property solicitors have in the past worked for numerous vendors at regional property auctions, for example Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.
Quite often unusually constructed homes e. g. building plots, are listed in auctions which tend to necessitate further fact-finding by the conveyancing lawyer. We therefore advise purchasers to decide on a solicitor well before the auction day to allow sufficient time for a review.
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.
What can be done about trees with TPOs if they are cutting out the light into the house?
Tree Preservation Orders (or TPOs) are legal protections for individual trees, which means you are prohibited from pruning, cutting or removing the plant without the formal consent of the local authority. There are certain caveats such as whether it is causing an immediate danger to life, but the local authority will still need to be informed.
As a homeowner, you have a number of rights, including Right to Light: that is, you should expect natural daylight to enter your property through windows without being blocked (again there may be caveats which will be unearthed in the conveyancing). If a tree with a TPO has grown so much that it is blocking out light, you can apply to the local authority for permission to prune the tree sufficiently to return your Right to Light. It becomes more complex if the tree in question is on a neighbour’s property, and you should discuss any resulting costs with them.
Homeward Legal's solicitors have years of experience in dealing with all sorts of legal issues including TPOs, providing you with practical guidance and help. We are best placed to help you with your move, so call our team on 0800 038 6699 today.
What will affect land in Wimborne, and will they be checked for comprehensively?
Wimborne property will be contaminated by numerous human activities. Contaminants including existing and proposed overhead electricity cables should be considered as part of the appropriate search.
New Life Mortgages will be our mortgage lender, is there anything I need to check?
Over the last two years, some lenders have limited the firms who can act for them, resulting in greater legal costs for house purchasers in cases where the preferred solicitor cannot act for their lender, and another must also be instructed. We, fortunately, will act for most mortgage lenders.
Will you need a chancel search? We are purchasing next to parsonage land in Wimborne.
Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Wimborne property likely to be affected. Terms used in a property's name, like 'rectory', may indicate chancel liability. A conveyancing lawyer will be able to advise further. Wimborne churches include St. John's Church.