Frequently Asked Questions
Conveyancing
Will I have stamp duty to pay?
Depending on your purchase price and whether it is your first property will determine this. For more info follow: www.tax.service.gov.uk/calculate-stamp-duty-land-tax/
How long will the process take for me to buy my house?
There is no definitive answer for this, depending on whether you are obtaining a mortgage and which searches need to be applied for, also if your transaction forms part of a larger chain. We will always try and give you an indication and keep you updated throughout the process.
I am looking to buy at Auction what do I need to do?
Prior to bidding for anything at Auction it is advisable to read through the legal pack relating to the property. We can do this for you as part of the purchase process. You need to ensure you have the funds to pay 10% deposit as the hammer goes down if you are successful in your auction bid. Then usually you would need to ensure that you have the funds in place to complete within 4 weeks. This can vary so be careful and ensure you read the pack.
Wills, Trust and Probate
I have a will but recently got married, do I need to do anything?
Yes, marrying or changing your marital status in any way will affect your current will. You would need to come in and make the alterations, which would also need to be done if you have children.
Do I need to tell people if I am going to have them as Executors of my will?
Being an Executor of a will can be a big job and comes at an emotional time. We do not ask for proof that you have spoken to them, but strongly advise you to do so. We will discuss this further with you at our first meeting.
Do you always have to apply for Probate in the event of someone's Death?
Prior to bidding for anything at Auction it is advisable to read through the legal pack relating to the property. We can do this for you as part of the purchase process. You need to ensure you have the funds to pay 10% deposit as the hammer goes down if you are successful in your auction bid. Then usually you would need to ensure that you have the funds in place to complete within 4 weeks. This can vary so be careful and ensure you read the pack.