Fakenham conveyancing FAQs
How much is the council tax in North Norfolk District Council?
Fakenham is situated in North Norfolk District Council. Council tax bands are as follows:
|Band||North Norfolk District Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are Fakenham conveyancing fees fixed?
Some conveyancing solicitors in Fakenham carry out the conveyancing on an hourly rate others work on a fixed fee.
Our panel of solicitors work on a fixed fee basis, with no hidden fees. Your detailed quote will set out exactly what the legal fees will be when your property transaction completes.
If, for any reason at all, your property transaction does not go ahead, you have the peace of mind of our No Move, No Fee guarantee.
I'm purchasing a property in Fakenham - which searches will I need?
The standard pack includes:
- Regulated Local Authority Search
- Environmental Search
- Regulated Drainage and Water Search
- Chancel liability insurance (if required)
Sometimes the solicitor will recommend additional searches such as a radon gas search.
To see how much searches will cost on a Fakenham move, use our calculator.
I am buying a leasehold property in Fakenham - what do I need to know?
requires a number of extra steps when compared to buying a freehold. The many potential problems lying in wait for the unsuspecting purchaser can include legally technical issues like and onerous covenants.
An experienced leasehold conveyancer will look into all potential issues with the lease and report back to you.
Does sale conveyancing take longer for leasehold?
Yes, compared to freehold conveyancing. The conveyancing for selling leasehold properties typically takes longer.
The buyer's solicitor must review this leasehold-related paperwork, including a copy of the freehold property's buildings insurance. Typically, delays are due to the time needed by to source this information.
Your conveyancing solicitor should start this process as soon as possible, because these details could take several weeks to collect if it is difficult to contact the agent responsible for managing the property or they are slow to respond.
I am buying a new build property in Fakenham - what do I need to know?
The conveyancing process for buying a new build property in Fakenham is more complicated than buying an existing property.
A solicitor in Fakenham will need to be qualified to handle things like helping with mortgage offer extension terms, ensuring compliance with planning regulations and working with warranty providers such as NHBC Buildmark, Advantage and Castle.
Our specialist team of new build conveyancers are highly experienced in working with buyers towards the best possible outcome and working to tight developer deadlines.
Will I need a conveyancing solicitor if I am remortgaging my Fakenham property?
The base rate is now at 0.75% (Feb 2019). A good Fakenham remortgage solicitor might even save you a few mortgage payments on your old rate.
Our conveyancing team are members of most UK mortgage lenders, so no matter whether you are moving to a fixed-rate mortgage with the NatWest or to a flexible mortgage with the Harpenden Building Society, our remortgage specialists can help.