The expanding cathedral city of Peterborough in Cambridgeshire has a history of successful economic growth and investment. With the council's statutory development plan well underway, an extra 22,000 homes will be built and 18,000 jobs created by 2020, coupled with a multi-million pound regeneration of the city centre and surrounding area.
It has a strong economy in the environmental goods and services sector and the largest cluster of environmental businesses in the UK. Peterborough has been designated one of 4 environment cities in the UK and the Peterborough Environment City Trust oversees a range of projects working with local people, communities, schools and businesses to promote healthier and sustainable living in the city.
Peterborough conveyancing FAQs
How much Council Tax will I pay for a property in Peterborough City Council?
Peterborough is situated in Peterborough City Council. Council tax bands are:
|Band||Peterborough City Council Tax (2018/19)|
How much are conveyancing fees for buying or selling a home in Peterborough?
Conveyancing fees can be broken down into the conveyancer's legal fees and disbursements.
Conveyancing disbursements are the taxes and additional costs incurred on behalf of a buyer or seller, for example Land Registry fees and land charges. Legal fees are for the solicitor's legal work.
Our conveyancing fees for buying or selling a house in Peterborough are fixed, which means that for a standard transaction, what you pay is exactly what you see in your quote.
Calculate the conveyancing fees for your Peterborough move
Our online conveyancing fees calculator gives you a detailed fixed fee quote with a comprehensive list of all fees, costs and disbursements for your Peterborough sale or purchase.
Will I need property searches when buying a property in Peterborough?
Searches are enquiries submitted to a number of authorities by Peterborough 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 Peterborough - what do I need to know?
Buying a leasehold property in England or Wales can be complex when compared to purchasing a freehold. The many potential problems awaiting an uninformed purchaser can include legally technical issues like unpaid service charges by the existing leaseholder and freeholds sold without first refusal to leaseholders.
Your solicitor will look into all potential issues with the lease and report back to you.
Does a leasehold property take longer to sell?
Correct, it can take considerably longer to conduct the conveyancing to sell leasehold houses or flats, compared to freehold conveyancing.
The buyer's solicitor must review these documents, like management company information and a current statement of service charges. Delays are usually the result of the time needed by your solicitor to gather this paperwork.
It could take several weeks to collect the managing agent's information if it is difficult to contact the managing agent, so the seller's solicitor should get this underway before a buyer has even been found.
I am buying a new build property in Peterborough - what do I need to know?
The conveyancing process for acquiring a new build in Peterborough .
A conveyancing solicitor in Peterborough must be able to deal with things like handling the uncertainties of buying off plan, checking that any contracts allow for future 'common parts' maintenance and registering ownership with warranty providers such as NHBC Buildmark, Advantage and Castle.
Our award-winning 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 Peterborough - do I need a solicitor?
The base rate is now at 0.1% (Jul 2020). A good Peterborough remortgage solicitor will complete the conveyancing process quickly and get you into your new rate.
Our property solicitors can act for most UK lenders, so no matter whether you are moving to a flexible mortgage with Birmingham Midshires or to a joint mortgage with the Chelsea Building Society, our remortgage team can assist.