In respect of the Met Office projecting more intense rainfall in the future we are questioning if environmental searches won't be thorough enough?
A qualified property lawyer in Woodcote will advise you to also get food risk searches if the standard searches flag up a local Woodcote flood risk.
Property purchasers sometimes converse with a local resident to gain extra local information.
We are purchasing a property in the parish of Oxford All Saints. Will we need a chancel search?
Your conveyancer could advise a chancel search. Chancel repair has the potential to be charged on the owners of a residence where Parochial Church Councils (PCCs) have previously chosen not to do so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.
How does a Help to Buy scheme work for me?
This government-sponsored scheme aims to assist homebuyers with three ways of purchasing a property:
- Help to Buy ISA - if you are a first-time buyer and don’t own any other property (anywhere in the world), and you don’t have another cash ISA opened in the same tax year, when you buy your first home, the solicitor will apply for the government bonus on your behalf when closure of your Home to Buy ISA used to buy the property is confirmed.
- Help to Buy: Equity Loan - if you have no other property and are buying a newly-built home, the government will provide 20% of the cost of the house (up to a maximum of £600,000), leaving you with the saved 5% deposit and a 75% mortgage to cover the remainder. This is open to current homeowners and first-time buyers, and the home cannot be sublet nor can it be used in a part-exchange deal.
- Help to Buy: Shared Ownership - if your household earns less than £80,000, you could be eligible for this scheme, which allows you to buy between 25% and 75% of the home’s value, while the government pays the remainder on which you would then pay rent.
(information retrieved from HM Government’s Help to Buy website on 16 April 2019).
Contact the Money Advice Service, the government’s Help to Buy website, or your local ‘Help to Buy’ agent for more information.
Does our lawyer in Woodcote tell me about the amount to be paid of council tax for a Band B apartment prior to exchange of contracts?
The property's appropriate band should usually be highlighted as part of the conveyancing report on title, and by the local council. The latest council tax charges for residents of Woodcote are tabled on the South Oxfordshire local authority website. At the time of writing (18 December 2012) rates are:
- Band A - £1,005.00
- Band B - £1,172.00
- Band C - £1,340.00
- Band D - £1,507.00
- Band E - £1,842.00
- Band F - £2,177.00
- Band G - £2,512.00
- Band H - £3,015.00
We have found an abundance of very helpful manuals about doing your own legal work. Do we necessarily want to use a Woodcote lawyer ?
Theoretically speaking there is absolutely no argument at all why a home mover cannot take care of he legal process unaided. In reality however, a lawyer typically handles a large number of activities ranging from chasing completion statements and communicating with managing agents some of which require experience.
Moreover solicitors are under a duty to take out indemnity cover to shield you in the event of negligence.
How do you determine stamp duty, and how much do we need to budget for a £685000 residential property?
The Stamp Duty that will be due is dependent on the property's value. It is £27400 on a £685000 property.
Which local authority is responsible for Woodcote?
Woodcote is located in Wycombe District Council, Queen Victoria Road, High Wycombe, Buckinghamshire, HP11 1BB, contact: 01494 461 000