Caldicot conveyancing FAQs
How much Council Tax will I pay for a property in Monmouthshire Council?
Caldicot is situated in Monmouthshire Council. Council tax bands in 2019 are as follows:
|Band||Monmouthshire Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are Caldicot conveyancing fees fixed?
Some conveyancing solicitors in Caldicot offer their services on an hourly rate others work on a fixed fee.
Our property lawyers work on a fixed fee basis, with no nasty surprises. Your detailed quote will explain what the legal fees will be when your home sale or purchase completes.
If, for any reason at all, your home sale or purchase does not go ahead, you have the peace of mind of our No Sale, No Fee guarantee.
I'm buying a home in Caldicot - which searches will I need?
The standard search pack will include:
- Official or Regulated Local Authority Search
- Residential Environmental Search
- Drainage and Water Search
- Chancel search liability
Occasionally the solicitor will recommend additional searches , for example a mining search.
To see how much searches will cost on a Caldicot property, use our calculator.
How long does conveyancing take when buying a leasehold flat in Caldicot?
Almost every flat in the UK is leasehold. There are also an estimated 1 million leasehold houses throughout the country. The conveyancing for a leasehold flat typically takes longer than a freehold property as there are more parties involved.
Causes of numerous delays can range from incomplete service charge accounts to an absent freeholder.
Quittance's expert leasehold solicitors handle hundreds of leasehold transactions a month, and our proactive approach can mean faster conveyancing.
Does the conveyancing for selling leasehold take longer?
Yes, compared to freehold conveyancing. The conveyancing for selling a leasehold property can be seriously delayed.
The solicitor acting for the buyer will want to see this leasehold-related paperwork, like a copy of the freehold property's buildings insurance and a current statement of service charges. The time required by to gather this paperwork is commonly the source of delays.
It can take a long time to gather this paperwork if the managing agent is slow or difficult to contact, so your lawyer ought to start this process at the earliest opportunity.
Will I need a conveyancing solicitor if I am remortgaging my Caldicot property?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 0.75% (Feb 2019). A good Caldicot remortgage solicitor could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Our conveyancing team can act for most UK lenders, so no matter whether you are moving to a lifetime tracker mortgage with the Bank of Scotland or to a two-year discount with the Buckinghamshire Building Society, we can assist.