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Chepstow Conveyancing: FAQs

Whether you are looking to buy your first home, sell a property, remortgage or transfer equity, our Chepstow conveyancing guide will help answer your questions:

Buying property in Chepstow

How much Council Tax will I pay for a property in Monmouthshire Council in 2022?

Chepstow is situated in Monmouthshire Council. Council tax bands in 2022 are as follows:

Band Monmouthshire Council Tax (2022/23)
A £1,231.50
B £1,436.75
C £1,642.00
D £1,847.25
E £2,257.75
F £2,668.25
G £3,078.75
H £3,694.50
I £4,310.25

Read more:

Are you paying more Council Tax than you should be?

Will I need property searches when buying a property in Chepstow?

Searches are enquiries submitted to a number of authorities by Chepstow conveyancing solicitors to identify issues affecting the home you want to buy. Mortgage lenders also usually require conveyancing searches to be purchased.

Read more:

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

I am buying a leasehold property in Chepstow - what do I need to know?

Buying a leasehold property in England or Wales can be complex when compared to purchasing a freehold. The many potential problems awaiting the unsuspecting purchaser can include legally technical issues like sinking fund issues and unfair clauses in the lease.

A leasehold solicitor will look into all potential issues with the lease and report back to you.

Read more:

What you need to know about buying a leasehold property

Should I be wary of buying a leasehold house?

Should I buy a property with a short lease?

Selling property in Chepstow

Is there anything to be aware of if selling a leasehold property in Chepstow?

The conveyancing process for a leasehold flat (leasehold houses are uncommon) is much more complex than for a more straightforward freehold house.

The complex nature of leasehold property means that conveyancing solicitors in Chepstow will need to conduct additional work, such as obtaining all relevant freeholder information, through to finding out if there are any payment arrears.

To reduce leasehold-related delays, It is strongly advised that the seller instruct a property lawyer as soon as is practicable.

Remortgaging in Chepstow

I am remortgaging a property in Chepstow - do I need a solicitor?

Yes.

The Bank of England base rate is currently 1.25% (June 2022). A good Chepstow remortgage solicitor could save you a few mortgage payments on your old rate by completing the conveyancing quickly.

Get a remortgage conveyancing quote

Transferring equity in Chepstow

I want to transfer equity in my Chepstow home - will I need a solicitor?

A 'transfer of equity' will be required if the ownership structure of the Chepstow property needs to be changed, but at least one of the current owners will remain on the title, or if the property is being gifted to a child or relative. The legal process of transferring equity differs from an outright purchase or sale. Your solicitor can carry out the legal process for you for a guaranteed fixed fee. If you will also be remortgaging, this can be completed at the same time as the transfer.

Get a transfer of equity conveyancing quote

Comparing Conveyancing Quotes in Chepstow

Conveyancing fees and disbursements - What's the difference?

A key difference between conveyancing fees and disbursements is who they are paid to.

Legal fees are paid to your solicitor for the work they do, whereas disbursements are paid through your solicitor to third parties like HM Land Registry.

How much should I be paying in conveyancing legal fees in 2022?

Hidden fees and potential additional costs could unexpectedly add to your final conveyancing bill, so when you are comparing Chepstow conveyancing quotes, you should check what each quote does include. If a fee is included in one online quote but not another, check the small print.

If you are buying a leasehold property, with Help to Buy, or a share of freehold, check if there is an additional charge for this extra work.

Read more:

How much should conveyancing fees cost in 2022?

General Chepstow property lawyers FAQs

Are Chepstow conveyancing fees fixed?

Some conveyancing solicitors in Chepstow offer services on an hourly basis.

Some solicitors work on a fixed fee basis, with no additional fees hidden in the small print. Your quote will explain what you will pay when your house sale or purchase goes through.

If, for any reason at all, your house sale or purchase does not go ahead, you would be covered by a No Move, No Fee guarantee.

Read more:

How much should conveyancing fees cost in 2022?

How we can help you

If you are buying, selling, remortgaging or transferring equity in a property in Chepstow 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
  • Chepstow experts
  • CQS-accredited panel solicitors
Get a Quote

All-inclusive quote from £384 inc VAT

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