Nailsea Conveyancing: FAQs
Our specialist conveyancing team answer some of the common questions put to us by Nailsea home buyers and sellers:
Buying property in Nailsea
I am buying a new build property in Nailsea - what do I need to know?
The conveyancing process for acquiring a new build home in Nailsea can be complicated compared to other types of conveyancing.
A property lawyer in Nailsea will need to be qualified to handle things like handling unreasonable delays, checking that any contracts allow for future 'common parts' maintenance and registering ownership with warranty providers, including NHBC Buildmark, Advantage HCI and Trenwick International.
How much Council Tax must I pay for a property in North Somerset Council in 2022?
Nailsea is situated in North Somerset Council. Council tax bands are:
|Band||North Somerset Council Tax (2022/23)|
Will I need property searches when buying a property in Nailsea?
Conveyancing searches are enquiries submitted to a number of authorities by Nailsea conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
I am buying a leasehold property in Nailsea - what do I need to know?
Purchasing a leasehold house or flat is significantly more complex than buying a freehold property. The many potential traps lying in wait for an uninformed buyer can include legally technical issues like and freeholds sold without first refusal to leaseholders.
Your conveyancing solicitor will look into all potential issues with the lease and report back to you.
Selling property in Nailsea
Does it take longer to sell a leasehold property?
Yes, that's correct, it can take much longer to conduct the conveyancing to sell leasehold houses or flats when compared to conveyancing on a freehold house.
The solicitor acting for the buyer will expect to see these documents, including management company information. Typically, delays are due to the time required by your lawyer to get these documents together.
Your lawyer ought to start this process before a buyer has even been found, as the managing agent's information can take a long time to gather if the agent responsible for managing the property is slow or difficult to contact.
Remortgaging in Nailsea
I am remortgaging a property in Nailsea - do I need a solicitor?
Yes you will need a solicitor to handle the legal side of the remortgage.
The Bank of England base rate is currently 1.25% (June 2022). A proactive conveyancing solicitor in Nailsea will complete the conveyancing process quickly and get you into your new rate.
Conveyancing solicitors can act for most UK lenders, so whether you are you are moving to a flexible mortgage with the Halifax or to a two-year discount with the Barnsley Building Society, Quittance can help.
Transferring equity in Nailsea
How do I transfer equity in my Nailsea property?
A 'transfer of equity' involves changing the ownership structure of a property, often for one of the following reasons:
- You want to give a property (or share in a property) to a child or other relative.
- You want to share ownership in a property with a partner or spouse.
- You want to remove an ex-partner from the property deeds after separating.
Quittance's panel of conveyancing solicitors can complete the transfer of equity legal work on your behalf for a fixed fee, including remortgage work (if needed).
Comparing Conveyancing Quotes in Nailsea
Conveyancing fees and disbursements - What's the difference?
Legal fees are paid to your solicitor or licensed conveyancer for completing the legal work, including the leasehold fee and acting for mortgage lender fee.
Disbursements are third-party costs, such as bankruptcy search fee and Environmental search fees.
How much should conveyancing fees cost in 2022?
To properly compare Nailsea conveyancing quotes, you must be aware of potential additional charges and hidden fees that could significantly increase the cost of your home move.
Our market research, carried out in July, 2022, shows the true cost of conveyancing varies considerably between solicitors.
General Nailsea property lawyers FAQs
How much are conveyancing fees for buying or selling a home in Nailsea?
Conveyancing fees are made up of 2 parts: the solicitor's legal and disbursements.
Disbursements are the taxes and additional costs paid out on your behalf, e.g. HMLR fees or leasehold management packs. Legal fees are for the work your solicitor carries out for you.
Your fees for buying or selling a house in Nailsea are fixed, which means that what you are quoted is what you pay
Calculate the conveyancing fees for your Nailsea sale or purchase
Our conveyancing fees calculator gives an instant conveyancing quote with a detailed breakdown of all fees, costs and disbursements for your Nailsea sale or purchase.
How we can help you
If you are buying, selling, remortgaging or transferring equity in a property in Nailsea 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
- Nailsea experts
- CQS-accredited panel solicitors
All-inclusive quote from £384 inc VAT