Hungerford Conveyancing: FAQs
Our clients often have lots of questions about the legal process involved in moving home in Hungerford. Below is a list of some of the more frequently asked questions about the conveyancing process:
Buying property in Hungerford
How much Council Tax must I pay for a property in West Berkshire Council in 2022?
Hungerford is situated in West Berkshire Council. Council tax bands in 2022 are as follows:
|Band||West Berkshire Council Tax (2022/23)|
I'm buying a house in Hungerford which property searches will I require?
The standard search pack will include:
- Local Authority Search
- Residential Environmental Search
- Water search
- Chancel search
Sometimes the location of the property will warrant additional searches , for example a flood search.
To find out the total cost of searches on a Hungerford move try our calculator.
I am buying a leasehold property in Hungerford - what do I need to know?
Buying a leasehold house or flat in the UK is significantly more complex than buying a freehold property. The many potential problems lying in wait for 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.
Selling property in Hungerford
Is there anything to be aware of if selling a leasehold property in Hungerford?
The conveyancing process for a leasehold flat is quite a lot more protracted than for a freehold house.
The complex nature of leasehold property means that conveyancing solicitors in Hungerford must carry out additional tasks. This can involve sourcing an up-to-date service charge statement, through to a copy of the service charge budget for the current year (and any anticipated payments on account).
So as to resolve any leasehold-related problems sooner, It is highly recommended that the vendor contact a solicitor as soon as an estate agent is chosen.
Remortgaging in Hungerford
Will I need a conveyancing solicitor if I am remortgaging my Hungerford property?
Yes you will need a solicitor to handle the legal side of the remortgage.
The official UK base rate is currently set at 1.25% (June 2022). A proactive conveyancing solicitor in Hungerford should be able to complete the conveyancing quickly and get you onto your new rate without delay.
Conveyancers are members of most UK mortgage lenders, so whether you are you are changing to an interest-only mortgage with the NatWest or to a two-year discount with the Hinckley and Rugby Building Society, our remortgage team can assist.
Transferring equity in Hungerford
How do I transfer equity in my Hungerford property?
A transfer of equity happens when one or more joint owners of a property transfer or sell their share in the property to a new owner (or owners) of that property. A conveyancing solicitor can carry out the legal process, register the new owners of the property and handle any Stamp Duty (SDLT) formalities.
Comparing Conveyancing Quotes in Hungerford
Conveyancing fees and disbursements - What's the difference?
Legal fees are paid to your property lawyer. Depending on your circumstances, these could include a Right to Buy fee or Help to Buy fee.
Disbursements are costs paid to third parties, such as landlords.
How much should I be paying for conveyancing in 2022?
Market research in July, 2022 shows that the actual cost of conveyancing can vary significantly between property lawyers.
To accurately compare Hungerford conveyancing quotes, you should be aware of the potential additional fees charged by some solicitors that could increase the cost of your property sale or purchase.
General Hungerford property lawyers FAQs
Are Hungerford conveyancing fees fixed?
Some conveyancing solicitors in Hungerford offer their services on an hourly rate others work on a fixed fee.
Your conveyancing solicitor will work on a fixed fee basis, with no unexpected 'add-ons'. Your detailed quote will set out what the conveyancing fees and costs will be when your transaction goes through.
If, for any reason at all, your transaction does not go ahead, you will be covered by a No Move, No Fee guarantee.
How we can help you
If you are buying, selling, remortgaging or transferring equity in a property in Hungerford 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
- Hungerford experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT