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Conveyancing in Winchelsea Q & A's

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By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/10/17

The nearest station to Winchelsea is Winchelsea. The nearest airport to Winchelsea is Lydd Airport.

Q.

Winchelsea attractions

A.

Lamb House National Trust , Icklesham Sussex Windmill and Camber Castle English Heritage are easily accessible from Winchelsea.

The nearest hospital to Winchelsea is St Leonards on Sea, Sussex.

Q.

How do we identify a genuinely cheap fee? I need fixed rate Winchelsea conveyancing.

A.

This point catches out many buyers, and can leave them paying far more in fees than they budgeted. Many solicitors advertise 'the cheapest conveyancing'. Unfortunately extra costs will be included in the terms, left unread by preoccupied buyers Additional charges ought to be fair and reasonable. Based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

What is gazumping?

A.

Gazumping arises when a property seller agrees to one buyer's offer, only to reject it, opting for a second buyer's offer. The will be a risk of getting gazumped in any transaction, because offers are not binding until exchange of contracts. The first step in reducing the chance that gazumping will effect you is to instruct your property solicitor early.

Q.

Please state how to get out of paying out for stamp duty to HM Revenue?

A.

Stamp Duty Land Tax (SDLT) is usually payable for property purchases over one hundred and twenty-five thousand pounds. Homeward Legal do not recommend property buyers undertake any stamp duty mitigation, as such schemes are expensive and the HMRC can review a scheme up to 6 years after a sale is completed .

Q.

Flood searches are compiled from past data and when you factor in climate change for instance the fact that last year was second wettest year since records began, are they the ideal way to report enough about the ever changing Winchelsea flood risk area?

A.

Environmental searches conducted by a solicitor in Winchelsea should include a more specialist search (Landmark) if it is felt necessary.

If you are still anxious it may be worth trying to get in touch with a next door neighbour or regional East Sussex flooding repair expert, e.g. Jim Soan & Sons Ltd, Fairview/Sea Rd, Winchelsea Beach, Winchelsea, TN36 4LA Tel: 01797 222332.

Q.

Should we select the property lawyer referred by our estate agent in Woodley?

A.

If you instruct a firm referred this way, you the agent can use their influence exert pressure on a solicitor to wrap up the process as soon as possible. Such referrals need to be weighed up against alternatives, including online or local firms, as the agent may prefer to suggest the solicitor willing to pay the highest referral fee, not the best value for you.

Q.

To complete on our purchase ASAP, can we guarantee fast conveyancing?

A.

As is widely reported, a fast conveyancing transaction is essential to instruct a experienced solicitor. When identifying an appropriate a solicitor, you should ask the following: Do they use email as the preferred mode of communication? Do they offer 'no move, no fee' protection? This can incentivise a faster transaction. Did you experience any delays when requesting a quote?

Q.

Is contaminated land in Winchelsea a concern?

A.

Land is contaminated by a range of naturally-occurring factors, like radioactive substances in the region. An environmental search should offer more information.

Q.

We are completing in August. What should be calculated for stamp duty?

A.

The Stamp Duty which will be owed will rely on the property's value. It is £25360 on a £634000 house.*

*Source: www.hmrc.gov.uk, 01/02/2013