Banstead conveyancing FAQs

What are the council tax bands in Reigate and Banstead Borough Council?

Banstead is situated in Reigate and Banstead Borough Council. Council tax bands are:

Band Reigate and Banstead Borough Council Tax (2018/19)
A £1250.07
B £1458.42
C £1666.76
D £1875.11
E £2291.80
F £2708.49
G £3125.18
H £3750.22

Read more:

Are you paying more council tax than you should be?

How much stamp duty will I have to pay?

£

Read more about stamp duty:

What is Stamp Duty Land Tax (SDLT)?

Can I claim stamp duty relief as a first time buyer?

Are Banstead conveyancing fees fixed?

Some conveyancing solicitors in Banstead provide legal services on an hourly basis and other firms will work for a fixed fee.

Quittance's 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 our No Move, No Fee guarantee.

Read more:

How much should conveyancing fees cost in 2019?

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.

Read more:

What are conveyancing searches when buying a home and do I need them?

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.

Read more:

Selling a leasehold flat? What to do before going on the market

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 0.75% (Feb 2019). A proactive conveyancing solicitor in Banstead will complete the conveyancing process quickly and get you into your new rate.

Our property solicitors are 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.

Check your solicitor can act for your lender