Historically part of Staffordshire, the city and borough of Wolverhampton forms part of the West Midlands conurbation. The economy is mainly service based, although it has retained its engineering heritage.
Average property prices are below the national average, and Wolverhampton has recently been branded a City of Opportunity, following an ambitious multi-million pound investment scheme into a new transport hub. This project, alongside other improvements, have already attracted major employers to the city.
Wolverhampton conveyancing FAQs
How much Council Tax will I pay for a property in Wolverhampton City Council?
Wolverhampton is situated in Wolverhampton City Council. Council tax bands are:
|Band||Wolverhampton City Council Tax (2018/19)|
Stamp duty calculator
Read more about stamp duty:
How much are conveyancing fees for buying or selling a home in Wolverhampton?
Conveyancing fees are comprised of the solicitor's legal and disbursements.
Disbursements are the taxes and additional costs incurred on behalf of a buyer or seller, for example HM Land Registry fees and landlord fees. Legal fees are for the legal work carried out by the solicitor.
Our legal fees for buying or selling a house in Wolverhampton are fixed, meaning for a standard transaction, what we quote is exactly what you pay
Calculate the conveyancing fees for your Wolverhampton property sale or purchase
Our conveyancing fees calculator gives you a detailed fixed fee quote with a detailed breakdown of all fees, costs and disbursements for your Wolverhampton sale or purchase.
I'm purchasing a home in Wolverhampton which property searches will I require?
The search pack for a standard property includes:
- Official or Regulated Local Authority Search
- Environmental Search
- Drainage and Water Search
- Chancel search liability
Sometimes the solicitor will advise specialist searches , for example a flood search.
To check the total cost of searches on a Wolverhampton purchase, try our conveyancing cost calculator.
How long does the conveyancing on a leasehold property take
Almost every flat in the UK is leasehold. Buying leasehold property can take weeks longer than a freehold house as the freeholder and/or managing agent are also involved.
Examples of delays might include anything from slow receipt of the managing agent information to an unresponsive landlord.
Our expert leasehold conveyancing team complete the legal work for 100's of leasehold purchases each month, and our proactive approach means delays are less likely to occur.
Is there anything to be aware of if selling a leasehold property in Wolverhampton?
Conveyancing for a leasehold flat is significantly more time-consuming than for a more straightforward freehold house.
Leasehold complexity involves additional tasks on the part of conveyancing solicitors in Wolverhampton, which could include sourcing all relevant freeholder information, through to details of common parts management.
So as to resolve any leasehold-related problems sooner, It is strongly advised that the seller instruct a conveyancer as early in the process as possible, and preferably before marketing the property,.
I am remortgaging a property in Wolverhampton - do I need a solicitor?
The Bank of England base rate is currently 0.75% (Feb 2019). A proactive conveyancing solicitor in Wolverhampton will complete the conveyancing process quickly and get you into your new rate.
Our property lawyers are members of most UK mortgage lenders, so no matter whether you are moving to a 95% mortgage with Barclays Bank or to a capped-rate mortgage with the Harpenden Building Society, our remortgage specialists can help.