Torfaen conveyancing FAQs
How much council tax must I pay for a property in Torfaen County Borough?
Torfaen is situated in Torfaen County Borough. Council tax bands are:
|Band||Torfaen County Borough Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are Torfaen conveyancing fees fixed?
Some conveyancing solicitors in Torfaen provide legal services on an hourly rate and other firms will work for a fixed fee.
Our panel of conveyancing solicitors work on a fixed legal fee basis, with no additional fees hidden in the small print. Your detailed quote will explain what the fees and disbursements will be when your property sale or purchase goes through.
If, for any reason at all, your property sale or purchase does not go ahead, you will pay no legal fees at all with our No Move, No Fee guarantee.
Will I need property searches when buying a property in Torfaen?
Searches are detailed enquiries submitted to a number of authorities by Torfaen conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
How long does leasehold conveyancing take?
Over 90% of flats in the UK are leasehold. Buying leasehold property can take weeks more to complete than freehold property because there is more work involved.
Varied factors, such as an unresponsive landlord or missing leasehold documents, can lead to serious delays.
Quittance's team of leasehold specialists handle hundreds of leasehold transactions a month, and our proactive approach means delays are less likely to occur.
Does sale conveyancing take longer for leasehold?
Compared to freehold property, yes. The legal work for selling a leasehold property usually takes longer.
The buyer's conveyancer will need to review this leasehold-related paperwork, like a copy of buildings insurance for the common parts of the property and a current statement of service charges. Typically, delays are due to the time it takes your lawyer to source this information.
The seller's solicitor should get this underway at the earliest opportunity, because these details can take a long time to gather if it is difficult to contact the managing agent or landlord or they are slow to respond.
I am remortgaging a property in Torfaen - do I need a solicitor?
The Bank of England base rate is currently 0.75% (Feb 2019). A good Torfaen remortgage solicitor should be able to complete the conveyancing quickly and get you onto your new rate without delay.
Our conveyancers can act for most UK lenders, so whether you are you are moving to a 100% mortgage with Birmingham Midshires or to a joint mortgage with the Coventry Building Society, our remortgage team can assist.