Conveyancing Solicitors in Christchurch
If you’re purchasing, selling or remortgaging a home in Christchurch, it would be wise to instruct a solicitor or conveyancer to manage the legal stuff.
Our panel of conveyancing solicitors have a lot of experience in property law in Christchurch and throughout Dorset. Our highly rated group of property lawyers have a proactive approach to work, allowing them to finish transactions quicker than the UK average.
Payments and Deposits for purchasing a home
The conveyancer will help you towards the legal stage of buying – approving the sale contract and exchanging contracts with the seller. The buyer will be required to put down a deposit, this is usually about 10% of the agreed price.
Buying includes other bills to meet, including mortgage lender fees, before the transaction is finalised. In most sales the largest cost will be stamp duty land tax – this is a government tax on property purchases.
There’s also Land Reg costs and local authority searches, and various different fees that will be included as disbursements within the conveyancers quote. The conveyancing solicitor work out all these required bills and make you aware of the overall cost of moving.
Leasehold and Flat Conveyancing Christchurch
If you’re purchasing/selling a leasehold house or apartment it’s important you instruct a capable and skilled Conveyancing Solicitor. Leasehold property transactions the process is a little more complicated than a freehold home. Therefore the fees for legal work for leasehold transactions, from Conveyancing Solicitors, is a little more expensive. You’ll have to spend more money for there is more tricky paper work included. A leasehold legal transactions normally do take more time.
Christchurch Remortgage Conveyancers
Our recommended conveyancers have completed hundreds of remortgages in Christchurch. Our recommended list of remortgage conveyancing service providers can act for nearly every Mortgage Lenders in England and Wales. Our conveyancers work quickly and have one of the shortest UK timeframes for remortgage conveyancing.
Conveyancing Insurance
Conveyancing Solicitors come with Indemnity insurance during conveyancing transactions to protect against some sort of problems with the house which can not just be resolved quickly, or can’t be resolved at all. Legal indemnity insurance protects the buyer and the mortgage provider in the event of any decrease in value on the property purchased as a result of any kind of defect or legal issue. The Council of Mortgage Lenders’ (CML) handbook for conveyancers says: “You must effect an indemnity insurance policy whenever the Lenders’ Handbook identifies that this is an acceptable or required course to us to ensure that the property has a good and marketable title at completion.”
About Christchurch
Christchurch /ˈkraɪst.tʃɜːrtʃ/ is a borough and town on the south coast of England. The town adjoins Bournemouth in the west and the New Forest lies to the east. Historically in the county of Hampshire, it became part of the administrative county of Dorset in the 1974 reorganisation of local government. Covering an area of 19.5 square miles (51 km2), Christchurch had a 2013 population of 48,368,[2] making it the fourth most populous town in Dorset, closely behind Weymouth which has a population of 54,539.[3]
Founded in the 7th century at the confluence of the rivers Avon and Stour which flow into Christchurch Harbour, the town was originally named Twynham but became known as Christchurch following the construction of the priory in 1094. The town developed into an important trading port and was fortified in the 9th century. Further defences were added in the 12th century with the construction of a castle which was destroyed by the Parliamentarian Army during the English Civil War. During the 18th and 19th centuries smuggling flourished in Christchurch and became one of the town’s most lucrative industries. The town was heavily fortified during Second World War as a precaution against an expected invasion and in 1940 an Airspeed factory was established on the town’s airfield which manufactured aircraft for the Royal Air Force.
(from Wikipedia).
The national average timescale for conveyancing is between 9-10 weeks. Conveyancing for simple purchase transactions can take just 4-6 weeks but a more complicated transaction can take much much longer to complete. Some transactions have been known to take over a year to complete, why? More info visit our How long does conveyancing take?.
If you are buying a property in Christchurch (or anywhere in England and Wales), for more than £125,000, you will be subject to Stamp Duty Land Tax (or SDLT for short). This tax is calculated in brackets, like the UK income tax system. When you get a quote with us, we calculate the Stamp Duty (SDLT) you’ll have to pay for you. For more info visit our Stamp Duty Rates and Examples page.
Dorset is a county in South West England on the English Channel coast. The ceremonial county comprises the non-metropolitan county, which is governed by Dorset County Council, and the unitary authority areas of Poole and Bournemouth. Covering an area of 2,653 square kilometres (1,024 sq mi), Dorset borders Devon to the west, Somerset to the north-west, Wiltshire to the north-east, and Hampshire to the east. The county town is Dorchester which is in the south. After the reorganisation of local government in 1974 the county's border was extended eastward to incorporate the Hampshire towns of Bournemouth and Christchurch. Around half of the population lives in the South East Dorset conurbation, while the rest of the county is largely rural with a low population density.
The current average value in Dorset in May 2017 is £326,511. This has increased 0.88% from February 2017. Terraced properties sold for a current average value of £249,231 and semi-detached properties valued £279,887. In the past year property prices in Dorset have increased 2.32%. This is according to the current Zoopla estimates.
