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Conveyancing in Wolston Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 22/04/17

The nearest airport to Wolston is Coventry Airport (3 miles). Birmingham Airport is 15 miles and away. Wolston's nearest station is Coventry.

Q.

Wolston area information

A.

Thurlaston Mill Windmill, Brandon Brandon Marsh Nature Centre Country Park and Binley Coombe Country Park Country Park are near to Wolston.

The closest hospital to Wolston is Meriden.

Q.

How do we find a discount conveyancing quote in Wolston?

A.

Various law firms offer cheap conveyancing quotes. Often additional costs are frequently hidden in the solicitor's terms, left unregarded by busy property buyers and sellers Any additional costs needs to be reasonable and be applicable solely where your conveyancer must complete additional work , which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

We are buying a £477000. How is stamp duty calculated?

A.

Stamp Duty is calculated with reference to the purchase price of the house or flat. For a property in Wolston bought for £477000, stamp duty is £14310.

Q.

Would getting a building survey be advisable when buying a property in Wolston?

A.

It is recommended that home buyers book a RICS survey. There can be a wide range of defects which will impact a property, which are not included in your mortgage lender's valuation, for example cracks in walls.

Q.

Please tell us why conveyancing in Wolston takes such a long time?

A.

Conveyancing may be drawn out. Homeward Legal endeavour to reduce the consequences of these delays where feasible to do so.

Q.

Is there anything I can do to circumvent paying stamp duty on the home?

A.

Stamp duty reduction scheme should be treated with extreme caution, as such schemes are highly expensive and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.

Q.

In respect to the serious flooding in 2012 in the Midlands we are apprehensive that conveyancing searches might not be detailed enough?

A.

The conveyancing solicitor in Wolston will recommend that you apply for in depth property conveyancing searches if the standard search identifies a local Wolston flood risk.

It may be sensible to also get in touch with a next door neighbour for that additional local history if you are still worried.

Q.

The property seller appears to have installed unbecoming roof aerials on the maisonette which I think may exclude Wolston conservation area criteria.

A.

The local authority search (LLC1 - Requisition for search and Official Certificate of Search) carried out by your Wolston property lawyer will check the existence of suitable council approval for any additions to the property.

Q.

Will our Wolston lawyer report back to me about the cost of the council tax on a Band D property prior to exchange of contracts?

A.

Your solicitor will write to the Rugby local authority to reveal the currently applicable council tax rates, which will then be written in the report on title. The correct rates for residents of Wolston are detailed online at the Rugby local authority website. At the time of authoring (21 October 2012) the different rates are:

  • Band A - £1,016.00
  • Band B - £1,185.00
  • Band C - £1,354.00
  • Band D - £1,523.00
  • Band E - £1,862.00
  • Band F - £2,200.00
  • Band G - £2,539.00
  • Band H - £3,047.00

 
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