Burnham On Sea conveyancing FAQs
How much council tax must I pay for a property in Sedgemoor District Council?
Burnham On Sea is situated in Sedgemoor District Council. Council tax bands in 2019 are as follows:
|Band||Sedgemoor District Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Burnham On Sea?
Conveyancing fees can be broken down into legal fees and disbursements.
Conveyancing disbursements are the third-party costs incurred on your behalf, e.g. Stamp Duty Land Tax and planning documents. Legal fees are for the work our solicitors carry out for you.
Our solicitor's legal fees for buying or selling a house in Burnham On Sea are fixed, which means that for a standard transaction, your fixed fee conveyancing quote will have no nasty surprises
Calculate the conveyancing fees for your Burnham On Sea move
Our online conveyancing fees calculator can give you a comprehensive conveyancing quote including all of the legal costs involved in buying and selling your home.
I'm purchasing a home in Burnham On Sea - what searches do I need?
The standard pack includes:
- Official or Regulated Local Authority Search
- Environmental Search
- Drainage and Water Search
- Chancel liability insurance (if required)
Sometimes the results of the standard searches will necessitate specialist searches e.g. an HS2 search.
To work out the total cost of searches on a Burnham On Sea property use our online conveyancing costs calculator.
How long does conveyancing take when buying a leasehold flat in Burnham On Sea?
Almost all flats are leasehold. Although much less common, there are also around 1 million leasehold houses nationwide. Buying a leasehold property will usually take more time than a freehold home because leasehold transactions involve more work and the freeholder and/or managing agent are also involved.
Examples of delays might include anything from slow receipt of the managing agent information to out-of-date contact information for the freeholder.
Quittance's team of leasehold specialists handle hundreds of leasehold transactions a month. With specialist expertise there should be far fewer delays.
Does it take longer to sell a leasehold property?
Yes, compared to freehold conveyancing. Sale conveyancing for a leasehold house or flat usually takes longer.
The solicitor acting for the buyer must review this leasehold-related paperwork, including a copy of the freehold property's buildings insurance. The time required by your lawyer to gather this paperwork is the common cause of such delays.
It can take a long time to gather this paperwork if it is difficult to contact the managing agent or landlord or they are slow to respond, so the seller's solicitor ought to start this process before a buyer has even been found.
I am buying a new build property in Burnham On Sea - what do I need to know?
The conveyancing process for purchasing a new build home in Burnham On Sea is more complicated than buying an existing property.
A solicitor in Burnham On Sea will need to be qualified to handle things like handling reservation fees, working to builders' exchange timelines and registering ownership with warranty providers, including NHBC, Advantage HCI and CRL.
Our specialist team of new build conveyancers are experts in working with buyers towards the best possible outcome and working to tight developer deadlines.
I am remortgaging a property in Burnham On Sea - do I need a solicitor?
The Bank of England base rate is currently 0.75% (Feb 2019). A good Burnham On Sea remortgage solicitor can get you onto your new rate as quickly as possible.
Our property solicitors are members of most UK mortgage lenders, so no matter whether you are switching to a fixed-rate mortgage with RBS or to a capped-rate mortgage with the Monmouthshire Building Society, our remortgage specialists can help.