Prescot conveyancing FAQs
How much Council Tax must I pay for a property in Knowsley Metropolitan Borough in 2021?
Prescot is situated in Knowsley Metropolitan Borough. Council tax bands are as follows:
|Band||Knowsley Council Tax (2021/22)|
Are Prescot conveyancing fees fixed?
Some conveyancing solicitors in Prescot provide legal services on a price per hour basis others work on a fixed fee.
Your expert solicitor will work on a fixed legal fee basis, with no nasty surprises. Your detailed quote will set out what the fees and disbursements will be when your sale or purchase completes.
If, for whatever reason, your sale or purchase does not go ahead, you have the peace of mind of a No Sale, No Fee guarantee.
I'm buying a property in Prescot - what searches do I need?
The standard search pack will include:
- Official or Regulated Local Authority Search
- Water search
- Environmental Search
- Chancel search
Occasionally the location of the property will warrant additional searches e.g. a radon gas search.
To see the cost of searches on a Prescot house or flat you can use our our calculator.
I am buying a leasehold property in Prescot - what do I need to know?
Purchasing a leasehold property in the UK is significantly more complex than buying a freehold property. The many potential complications lying in wait for an uninformed buyer can include legally technical issues like unreasonable managing agent fees and onerous covenants.
An experienced leasehold conveyancer will look into all potential issues with the lease and report back to you.
Could the sale of a leasehold property be delayed?
Yes, compared to freehold conveyancing. The conveyancing for selling leasehold houses or flats usually takes longer.
The buyer's conveyancer will expect to see these documents. These could include a current statement of service charges and a copy of the freehold property's buildings insurance. The time required by to source this information is usually the cause of these delays.
Your lawyer should commence this as soon as possible, because this information can take weeks to collect if it is difficult to contact the managing agent or they are slow to respond.
I am buying a new build property in Prescot - what do I need to know?
The legal work for acquiring a new build in Prescot is often more complex than other types of conveyancing.
A solicitor in Prescot must be able to deal with things like advising on mortgage offer flexibility for delayed completion, handling withdrawal under the Consumer Code for Housebuilders and registering ownership with warranty providers, including NHBC, Advantage and Castle.
I am remortgaging a property in Prescot - do I need a solicitor?
The official UK base rate is currently set at 0.1% (Jan 2021). A proactive conveyancing solicitor in Prescot could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Conveyancing solicitors on the panel for all major lenders - so whether you are you are switching to an offset mortgage with the NatWest or to a discounted-rate mortgage with Virgin Money, we can assist.
I want to transfer equity in my Prescot property - how does this work?
Changing the legal ownership structure of a property is known as a 'transfer of equity'. An owner (or owners) of a property may wish to transfer equity in a property for a number of reasons, including:
- Gifting a property to a child or relative, perhaps for tax planning reasons.
- Transferring a property into joint names after a marriage or civil partnership.
- Transferring a jointly owned property into a sole name following a divorce or separation.
Your next step
If you are buying, selling, remortgaging or transferring equity in a property in Prescot, we can help you find an expert conveyancing solicitor.
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
- Prescot experts
- CQS-accredited panel solicitors
All-inclusive quote from £348 inc VATGet a Quote Now
Puzzled by the
Frequently asked questions:
- How do I speed up the conveyancing process?
- How much Stamp Duty (SDLT) will I need to pay in 2021?
- Why do I need to check my conveyancer's lender panel status before instructing?
- What do buyers need to know about conveyancing in 2021?
Get all the answers in our comprehensive FAQ section:See more FAQs