Yeovil conveyancing FAQs
What are the council tax bands in South Somerset District Council?
Yeovil is situated in South Somerset District Council. Council tax bands are as follows:
|Band||South Somerset 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 Yeovil?
Conveyancing fees are made up of 2 parts: the conveyancer's legal fees and disbursements.
Disbursements are the taxes and additional costs paid out on your behalf, for example Land Registry fees and bankruptcy searches. Legal fees are for the work our solicitors carry out for you.
Our legal fees for buying or selling a house in Yeovil are fixed, meaning for a standard transaction, what we quote is what you pay
Calculate the conveyancing fees for your Yeovil sale or purchase
Our online conveyancing fees calculator gives you a detailed fixed fee quote with a detailed breakdown of all fees, costs and disbursements for your Yeovil sale or purchase.
Will I need property searches when buying a property in Yeovil?
Property searches are detailed questions submitted to a number of authorities by Yeovil conveyancing solicitors to identify issues affecting the home you want to buy. Lenders also usually require conveyancing searches to be purchased.
How long does the conveyancing on a leasehold property take
The vast majority of flats are leasehold. Leasehold houses are less common, but there are still an estimated 1 million such properties across the country. The legal work for a leasehold property typically takes longer than freehold property because leasehold transactions involve more work.
Causes of numerous delays can range from slow receipt of the managing agent information to uncontactable landlords.
Quittance's expert leasehold solicitors look after hundreds of leasehold clients every month, and our proactive approach can mean faster conveyancing.
Does sale conveyancing take longer for leasehold?
Yes, compared to freehold conveyancing. The conveyancing for selling a leasehold property can be seriously delayed.
The buyer's conveyancer will want to see these documents, like management company information and details of any breaches by other leaseholders. The time it takes to gather this paperwork is usually the cause of these delays.
It can take a long time to gather this information if the agent responsible for managing the property is slow or difficult to contact, so your solicitor should get this underway at the earliest opportunity.
Will I need a conveyancing solicitor if I am remortgaging my Yeovil property?
Yes you will need a solicitor to handle the legal side of the remortgage.
The base rate is now at 0.75% (Feb 2019). A proactive conveyancing solicitor in Yeovil could save you a few mortgage payments on your old rate by completing the conveyancing quickly.
Our network of solicitors can act for most UK lenders, so whether you are you are moving to a 95% mortgage with the Halifax or to a capped-rate mortgage with the Monmouthshire Building Society, our remortgage team can assist.