|
Frequently
Asked Questions
Q. How
long does a transaction usually take?
The average
sale and purchase takes around 6 weeks from start to finish. The time it
takes depends on numerous factors. Firstly, is there a chain involved?
If so things get delayed when any member of the chain has a hold up. Your
mortgage arrangements, or those of your buyer, can also delay the process.
Q. Can
you do conveyancing anywhere?
We are able to
carry out conveyancing on your behalf for property anywhere in England and
Wales.
Q. Why is
it better to do this online?
We live in a
world that is becoming more customer focused, businesses are at last realising
that the customer should be able to use their services when the customer wants
to, from where the customer wants to. We offer a free on-line
instant estimate and option to instruct us on-line. By embracing the
latest technology, we are able to speed up the conveyancing process and provide
up-to-date progress reports via our Track-A-Matter website and SMS texts
directly to your phone something that we believe all our clients appreciate.
Finally, we offer a premium service at an excellent price.
Q. I live
abroad and want to buy property in the UK?
If you want to
buy property in the UK we will guide you every step of the way. We can
deal with everything for you. Simply drop us a line or give us a call for
our full assistance.
Q. What
if my sale falls through?
An annoying
fact of life is that not every transaction makes it through to completion.
Sometimes your buyer pulls out, or the chain collapses, for any number of
reasons. Usually by that stage, we have already done a large amount of the
work towards the sale or purchase on your behalf. If our
instructions were then cancelled, the work we have done and the expenses we
have incurred become chargeable. However
we do offer a indemnity scheme to cover abortive costs which cost from £25.
Q. What
guarantees do I have?
As a firm of
Licensed Conveyancers with over 30 years solid history we would never anticipate
running into any problems, or having disputes with clients. However, we
are covered by professional indemnity insurance and all our activities are
regulated by the Council of Licensed Conveyancers.
Q. What
is stamp duty land tax?
Stamp duty land
tax is a
property buyers tax charged by the government. There is no stamp duty on
properties under £125,000. Properties between £125,000 - £250,000 are charged
1% of the purchase price. Between £250,000 - £500,000 the rate is 3%.
Above £500,000 stamp duty is charged at 4%
Some areas of
England and Wales are exempt from stamp duty up to £150,000.00. Full details can be obtained from
Stamp Duty Land Tax Exemption link in 'Quick links'.
|