Should we order a chancel search if I am purchasing in the parish of Akeley?
A property solicitor is likely to recommend a chancel search. Through some Parochial Church Councils have taken the decision to charge chancel repairs on current owners of land subject to chancel liability, it cannot be guaranteed that a parish which has not imposed liability will not be so in future. Even if liability is unlikely, indemnity insurance is a sensible precaution.
How long can conveyancing take, in your experience? We have a buyer ready.
The length of time needed to transfer a home varies, affected by a number of considerations which can include when a third party is slow to respond. The national average is 8 to 12 weeks, but we take a proactive approach, driving the sale or purchase to complete sooner.
We are buying in Wooburn Green on a recently-developed brownfield site. It appears that chromium (Cr) soil contamination may be an issue.
Restrictions exist to manage soil contamination, but some will remain in the environment for decades. Environment search results will factor contaminants, including metals and others such as water contaminants such as bleach and food-processing waste.
For a house valued at £1083000, how is Stamp Duty Land Tax rates calculated?
Stamp Duty Land Tax will depend on the valuation. For a residential property in Wooburn Green bought for £1083000, SDLT will be £54150 (information accurate October 2012).
As a result of the Met Office projecting more intense rainfall we are wondering whether flood risk searches aren't sufficient?
Your Wooburn Green solicitor will consider include flood risk searches if the standard search identifies a the local Wooburn Green flood risk
You may be able to also converse with a local resident for some more peace of mind.
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?
Is the buyer or seller responsible for the searches?>
It is you, as the buyer, who is responsible for checking that all is well with the property you are buying. This is why your conveyancing solicitor will order a set of standard searches (Local Authority, Water and Drainage, Environmental, and Chancel Repair – these are also the searches requited by your mortgage lender), plus additional searches dependent on the property, recommendations from the surveyor in the survey report, and the location and history of the area.
Need a little help on understanding the detail of your conveyancing? Our solicitors make sure that everything about your transaction is clear so you always know what's going on. Call now on 0800 038 6699 and we'll get your conveyancing under way today.
Do I need a solicitor?
The quick and easy answer is that you don’t. There is no legal imperative for you to employ a solicitor to handle the conveyancing when dealing with property. However, it would be rather unwise for you to carry out the work yourself because you probably won’t have the skills, knowledge and experience to perform many of the complex tasks, and you won’t possess the indemnity insurance that all solicitors are obliged to carry to protect clients in the event that something goes wrong.
You need to appoint a solicitor who is experienced, proactive and focused so that you have the best chance of completing your transaction as early as possible. You should also look for such a solicitor who also offers ‘No Completion, No Fee’ protection so that you will only be invoiced for the fees once your transaction has completed successfully.
Worried about the conveyancing process? Looking at a tight budget? Let Homeward Legal help you with our low fees without compromising our service values. Call us now on 0800 038 6699.