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Conveyancing in Yeovil Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/04/17

Yeovil's nearest train station is Yeovil Pen Mill. The nearest airport to Yeovil is Bristol Airport (31 miles).

Yeovil District is the most convenient hospital.

Q.

We are looking for a low cost conveyancing estimate in Yeovil. Will we get a quote or and estimate?

A.

Many law firms purport to offer so-called 'the cheapest conveyancing quotes', but additional fees can inflate your final bill. Any extra charges found in your solicitor's terms needs to be reasonable and clear. They be applicable solely where the solicitor must complete work beyond standard conveyancing , which could not be anticipated at the start of the process. Our online quote calculator will generate an accurate quote for your transaction.

Q.

When in the conveyancing process do I need to arrange a solicitor?

A.

With a 'no move, no fee' guarantee, instructing as soon as possible is wise. Prompt instruction of a firm to act for you on your Yeovil transaction for a purchase enables you will the details of your Yeovil solicitor ready when you make an offer, or, if you are selling a property, information, especially from slow third-parties, can be requested even prior to accepting an offer.

Q.

Would arranging a building survey be required when we are buying residential property?

It is suggested that most purchasers arrange a building survey. It is a fact that there are a wide range of defects which affect a property, that a solicitor will be unable to address, for example insect infestation.

Q.

How much time does conveyancing legal work take in Yeovil?

A.

Generally speaking, the time taken to transfer a property is not wholly predictable, influenced by a handful of issues affecting the property, for example, if third parties fail to promptly answer queries. Our lawyers work hard to ensure a sale, purchase or transfer of equity is undertaken as quickly as possible.

Q.

Do you confirm looking into how to avoid paying out for stamp duty on our new property?

A.

Homeward Legal do not recommend clients arrange any stamp duty mitigation scheme, because these schemes are expensive and HMRC may challenge a scheme up to six years later meaning that the full stamp duty amount will be payable, with potential fines.

Q.

Might my conveyancing costs conceal any additional fees?

A.

No. Homeward Legal will never charge any extra, hidden fees to transact a property. Some solicitors only estimate conveyancing costs, which they will not be bound to.

Q.

I plan to purchase a home in Rowberrow. Will a chancel search be required?

A.

A conveyancing lawyer might recommend that a chancel search is taken out. Chancel repair dues can be collected on owners of a property where Parochial Church Councils may have spared previous owners or tenants. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

I am completing next January. What should be assessed for stamp duty?

A.

The rate of stamp duty you must pay will depend on the value of the property. It will be £21840 on a £546000 house.

 
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