Chatham Conveyancing: FAQs
Our Chatham conveyancing experts tackle some of the common questions we get asked by home buyers and sellers.
Buying property in Chatham
How much Council Tax will I pay for a property in Medway Council in 2022?
Chatham is situated in Medway Council. Council tax bands are as follows:
|Band||Medway Council Tax (2022/23)|
Will I need property searches when buying a property in Chatham?
Property searches are detailed questions submitted to a number of authorities by Chatham conveyancing solicitors to identify issues affecting the home you want to buy. Mortgage lenders also usually require conveyancing searches to be purchased.
How long does conveyancing take when buying a leasehold flat in Chatham?
Almost all flats are leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. The conveyancing for a leasehold flat will usually take more time than a freehold house because there is more work involved.
Causes of numerous delays can range from slow receipt of the managing agent information to an absent freeholder.
Our specialist leasehold solicitor team complete the legal work for 100's of leasehold purchases each month, and our proactive approach means delays are less likely to occur.
Selling property in Chatham
Does a leasehold property take longer to sell?
Compared to freehold property, yes. The conveyancing for selling a leasehold home can result in long delays.
The solicitor acting for the buyer must review this leasehold-related paperwork, including a copy of buildings insurance for the common parts of the property. The time needed by the solicitor to gather this paperwork is the common cause of such delays.
Your solicitor should commence this as soon as possible, as this information could take several weeks to collect if the managing agent or landlord is slow or difficult to contact.
Remortgaging in Chatham
I am remortgaging a property in Chatham - do I need a solicitor?
Yes you will need a solicitor to handle the legal side of the remortgage.
The Bank of England base rate is currently 1.25% (June 2022). A proactive conveyancing solicitor in Chatham can get you onto your new rate as quickly as possible.
Conveyancers on the panel for all major lenders - so no matter whether you are changing to a tracker with Santander or to a two-year discount with the Allied Irish Bank, we can assist.
Transferring equity in Chatham
Will I need a solicitor to transfer equity in my Chatham home?
A 'transfer of equity' will be required if the ownership structure of the Chatham property needs to be changed, or if the property is being given (gifted) to a child or relative. The legal process of transferring equity is different to the purchase or sale of the whole property. Your conveyancing solicitor can carry out the legal work for you for a guaranteed fixed fee. If you intend to remortgage at the same time as the transfer, we can complete the remortgage legal work in parallel.
Comparing Conveyancing Quotes in Chatham
What's the difference between fees and disbursements?
Legal fees, such as the leasehold fee and acting for lender fee, are paid to your solicitor or conveyancer for the work they do.
Disbursements are third-party costs, like Coal search fees or ID verification.
How much will my conveyancing legal fees be in 2022?
When you compare conveyancing quotes for your Chatham home move, check the fine print for potential extra fees and costs. An online quote should reflect everything required for standard conveyancing. Potential hidden fees could add £100s to your final bill.
General Chatham property lawyers FAQs
Are Chatham conveyancing fees fixed?
Some conveyancing solicitors in Chatham carry out the conveyancing on an hourly rate.
Some solicitors work on a fixed legal fee basis, with no sneaky extras. Your conveyancing quote will set out exactly 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 have the peace of mind of a No Sale, No Fee guarantee.
How we can help you
If you are buying, selling, remortgaging or transferring equity in a property in Chatham and need an expert conveyancing solicitor, we can take care of the legal side of your move.
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
- Chatham experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT