Formby conveyancing FAQs

What are the council tax bands in Sefton Metropolitan Borough Council?

Formby is situated in Sefton Metropolitan Borough Council. Council tax bands are as follows:

Band Sefton Metropolitan Borough Council Tax (2018/19)
A £1194.41
B £1393.47
C £1592.54
D £1791.61
E £2189.75
F £2587.88
G £2986.02
H £3583.22

Read more:

Are you paying more council tax than you should be?

Stamp duty calculator

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Read more about stamp duty:

What is Stamp Duty Land Tax (SDLT)?

Can I claim stamp duty relief as a first time buyer?

Are Formby conveyancing fees fixed?

Some conveyancing solicitors in Formby carry out the conveyancing on an hourly basis others work on a fixed fee.

Our panel of expert solicitors work on a fixed fee basis, with no nasty surprises. Your quote will set out what you will pay when your house purchase or sale completes.

If, for whatever reason, your house purchase or sale does not go ahead, you have the peace of mind of our No Sale, No Fee guarantee.

Read more:

How much should conveyancing fees cost in 2019?

I'm buying a house in Formby - what searches do I need?

The standard pack includes:

  • Local Authority Search
  • Residential Environmental Search
  • Regulated Drainage and Water Search
  • Chancel search

Occasionally the solicitor will advise further searches , for example a transport search.

To check the cost of searches on a Formby property try our online conveyancing costs calculator.

Read more:

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

How long does conveyancing take when buying a leasehold flat in Formby?

The vast majority of flats are leasehold. Although much less common, there are also around 1 million leasehold houses nationwide. The legal work for a leasehold home typically takes longer than a freehold home as the freeholder and/or managing agent are also involved.

Causes of numerous delays can range from slow delivery of managing agents' documents to an unreachable freeholder.

Quittance's team of leasehold specialists look after hundreds of leasehold clients every month, and our proactive approach can mean faster conveyancing.

Does the conveyancing for selling leasehold take longer?

Yes, that's correct, it can take much more time to complete the legal work on a leasehold house or flat,compared to the sale of a freehold property.

The buyer's conveyancer will expect to see this leasehold-related paperwork. These could include three years' filed accounts for the property management and a copy of the freehold property's buildings insurance. Typically, delays are due to the time needed by the solicitor to get these documents together.

Your solicitor ought to start this process as soon as possible, as the managing agent's information can take a long time to gather if it is difficult to contact the managing agent or landlord.

Read more:

Selling a leasehold flat? What to do before going on the market

I am buying a new build property in Formby - what do I need to know?

The conveyancing process for buying a new build in Formby is more complicated than buying an existing property.

A solicitor in Formby will need to be qualified to handle things like squaring developer incentives with lenders, investigating issues with drains and roads that serve the property and working with warranty providers, including NHBC, Advantage HCI and Ark Residential.

Our award-winning team of new build solicitors are experts in helping buyers get a successful transaction and working to tight developer deadlines.

Read more:

Buying a new build property off plan - what you need to know.

What you need to check before buying a new build home.

Will I need a conveyancing solicitor if I am remortgaging my Formby property?

Yes.

The official UK base rate is currently set at 0.75% (Feb 2019). A good Formby remortgage solicitor can get you onto your new rate as quickly as possible.

Our property lawyers are on the panel for all major lenders, so whether you are you are moving to a flexible mortgage with the Nationwide Building Society or to a fixed-rate mortgage with the Harpenden Building Society, our remortgage specialists can help.

Check your solicitor can act for your lender