Waltham Abbey conveyancing FAQs
What are the council tax bands in Epping Forest District Council?
Waltham Abbey is situated in Epping Forest District Council. Council tax bands in 2019 are as follows:
|Band||Epping Forest District Council Tax (2018/19)|
How much stamp duty will I have to pay?
Read more about stamp duty:
Are Waltham Abbey conveyancing fees fixed?
Some conveyancing solicitors in Waltham Abbey carry out the conveyancing on a price per hour basis others work on a fixed fee.
Our panel of property lawyers work on a fixed legal fee basis, with no nasty surprises. Your quote will set out what the conveyancing fees and costs will be when your transaction goes through.
If, for any reason at all, your transaction does not go ahead, you are covered by our No Sale, No Fee guarantee.
Will I need property searches when buying a property in Waltham Abbey?
Conveyancing searches are enquiries submitted to a number of authorities by Waltham Abbey 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 Waltham Abbey - what do I need to know?
Purchasing a leasehold house or flat can be complex when compared to purchasing a freehold. The many potential traps lying in wait for the unsuspecting buyer can include legally technical issues like incomplete management company accounts and onerous clauses in the lease.
Your conveyancing solicitor will look into all potential issues with the lease and report back to you.
Does a leasehold property take longer to sell?
Compared to freehold property, yes. The legal work for selling a leasehold property usually takes longer.
The buyer's solicitor will need to review this leasehold-related paperwork, like a copy of the freehold property's buildings insurance and an up-to-date statement of service charges. Delays are usually caused by the time required by your lawyer to source this information.
It could take several weeks to collect this information if it is difficult to contact the agent responsible for managing the property, so the seller's solicitor should commence this even before you have found a buyer.
Will I need a conveyancing solicitor if I am remortgaging my Waltham Abbey property?
Yes, you will need a remortgage conveyancing solicitor.
The base rate is now at 0.75% (Feb 2019). A proactive conveyancing solicitor in Waltham Abbey might even save you a few mortgage payments on your old rate.
Our conveyancing solicitors are members of most UK mortgage lenders, so whether you are you are switching to a cashback mortgage with Britannia or to a joint mortgage with the Chelsea Building Society, our remortgage specialists can help.