Street conveyancing FAQs
What are the council tax bands in Mendip District Council?
Street is situated in Mendip District Council. Council tax bands are as follows:
|Band||Mendip District Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Street?
Conveyancing fees can be broken down into the conveyancer's legal fees and disbursements.
Conveyancing disbursements are the extra third-party costs incurred on behalf of a buyer or seller, for example Stamp Duty and bankruptcy searches. Legal fees are for the solicitor's legal work.
Our fees for buying or selling a house in Street are fixed, meaning for a standard transaction, what we quote is exactly what you pay
Calculate the conveyancing fees for your Street move
Our online conveyancing fees calculator gives you a detailed fixed fee quote including all of the legal costs involved in buying and selling your home.
Will I need property searches when buying a property in Street?
Property searches are enquiries submitted to a number of authorities by Street conveyancing solicitors to identify issues affecting the home you want to buy. Mortgage lenders also usually require conveyancing searches to be purchased.
I am buying a leasehold property in Street - what do I need to know?
Purchasing a leasehold flat in the UK can be complicated. The numerous common problems lying in wait for an uninformed buyer can include legally technical issues like sinking fund issues and onerous clauses in the lease.
A good property lawyer will look into all potential issues with the lease and report back to you.
Does the conveyancing for selling leasehold take longer?
Compared to freehold property, yes. Sale conveyancing for a leasehold home can take much longer.
The buyer's conveyancer will want to see these documents. These could include an up-to-date statement of service charges and management company information. The time required by the seller's conveyancer to get these documents together is the common cause of such delays.
The seller's solicitor ought to start this process before a buyer has even been found, as these details can take weeks to collect if it is difficult to contact the landlord or managing agent.
Will I need a conveyancing solicitor if I am remortgaging my Street property?
The Bank of England base rate is currently 0.75% (Feb 2019). A proactive conveyancing solicitor in Street should be able to complete the conveyancing quickly and get you onto your new rate without delay.
Our conveyancing solicitors are on the panel for all major lenders, so whether you are you are moving to a flexible mortgage with Birmingham Midshires or to a capped-rate mortgage with the Yorkshire Building Society, we can help.