Leicester conveyancing FAQs
What are the council tax bands in Leicester City Council?
Leicester is situated in Leicester City Council. Council tax bands in 2019 are as follows:
|Band||Leicester City Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are Leicester conveyancing fees fixed?
Some conveyancing solicitors in Leicester carry out the conveyancing on a price per hour basis others work on a fixed fee.
Our panel of property lawyers work on a fixed fee basis, with no unexpected 'add-ons'. Your conveyancing quote will set out exactly what the legal fees will be when your property transaction goes through.
If, for any reason at all, your property transaction does not go ahead, you will be covered by our No Move, No Fee guarantee.
Will I need property searches when buying a property in Leicester?
Conveyancing searches are questions submitted to a number of authorities by Leicester 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 leasehold conveyancing take?
The vast majority of flats are leasehold. There are also an estimated 1 million leasehold houses throughout the country. The legal work for leasehold property typically takes longer than freehold property because there is more work involved.
Causes of numerous delays can range from missing leasehold documents to absent freeholders.
Quittance's expert leasehold solicitors 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 considerably longer to carry out the conveyancing on a leasehold house or flat when compared to conveyancing on a freehold house.
The buyer's conveyancer will expect to see these documents, including a copy of the freehold property's buildings insurance. The time it takes to source this information is usually the cause of these delays.
It could take several weeks to collect this information if the landlord or managing agent is slow or difficult to contact, so your lawyer ought to start this process as soon as possible.
I am buying a new build property in Leicester - what do I need to know?
The conveyancing process for acquiring a new build property in Leicester .
A property lawyer in Leicester must be able to deal with things like handling deposits, ensuring that the contract is in the buyer's favour and working with warranty providers such as NHBC Buildmark, Advantage HCI and Global Home Warranties.
Our highly experienced team of new build conveyancers are highly experienced in helping buyers get the best outcome and working to tight developer deadlines.
I am remortgaging a property in Leicester - do I need a solicitor?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 0.75% (Feb 2019). A proactive conveyancing solicitor in Leicester could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Our conveyancing solicitors are members of most UK mortgage lenders, so whether you are you are changing to a 100% mortgage with Bradford & Bingley or to a flexible mortgage with Virgin Money, our remortgage specialists can help.