Banstead conveyancing FAQs
What are the Council Tax bands in Reigate and Banstead Borough Council in 2021?
Banstead is situated in Reigate and Banstead Borough Council. Council tax bands are:
|Band||Reigate & Banstead Council Tax (2021/22)|
Are Banstead conveyancing fees fixed?
Some conveyancing solicitors in Banstead provide legal services on an hourly basis.
Some solicitors work on a fixed legal fee basis, with no hidden fees. Your conveyancing quote will explain in detail what the fees and disbursements will be when your home sale or purchase completes.
If, for whatever reason, your home sale or purchase does not go ahead, you will pay no legal fees at all with a No Move, No Fee guarantee.
Will I need property searches when buying a property in Banstead?
Conveyancing searches are enquiries submitted to a number of authorities by Banstead conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
How long does the conveyancing on a leasehold property take
Almost every flat in the UK is leasehold. Purchasing leasehold property can take weeks more to complete than freehold property as there is greater complexity.
Delays in leasehold transactions could include anything from an unreachable freeholder to incomplete managing agent information.
Quittance's team of leasehold specialists complete the legal work for 100's of leasehold purchases each month. With specialist expertise there should be far fewer delays.
Does a leasehold property take longer to sell?
Yes. The conveyancing for selling a leasehold home typically takes longer.
The buyer's conveyancer must review this leasehold-related paperwork. These could include a current statement of service charges and a copy of buildings insurance for the common parts of the property. The time required by the seller's conveyancer to gather this paperwork is commonly the source of delays.
It could take several weeks to collect the managing agent's information if it is difficult to contact the agent responsible for managing the property or they are slow to respond, so the solicitor ought to start this process even before you have found a buyer.
I am remortgaging a property in Banstead - do I need a solicitor?
Yes you will need a solicitor to handle the legal side of the remortgage.
The base rate is now at 0.1% (Apr 2021). A proactive conveyancing solicitor in Banstead will complete the conveyancing process quickly and get you into your new rate.
Property solicitors on the panel for all major lenders - so no matter whether you are switching to a 95% mortgage with the Nationwide Building Society or to a fixed-rate mortgage with the Hinckley and Rugby Building Society, our remortgage team can assist.
Can Quittance help with a transfer of equity on my Banstead property?
The equity transfer process can be complex. Most people complete the transfer process with the help of a conveyancing solicitor.
A solicitor will advise on the various options for joint ownership, complete the registration process, deal with Stamp Duty (SDLT) and handle the legal work for a remortgage if required.
Your next step
If you are buying, selling, remortgaging or transferring equity in a property in Banstead, we can help you find an expert conveyancing solicitor.
We work with a panel of specialist conveyancing solicitors to deliver a stress-free moving experience.
- No Move, No Fee Guarantee
- Fixed fee conveyancing service
- Banstead experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT
Puzzled by the
Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:See more FAQs