Plymouth Solicitors, Fursdon Knapper
is a dynamic law firm based in Devon
with an office in Cambridgeshire.
Residential
Fursdon Knapper have a highly experienced team with an expanding South West and national client-base.
We understand the pressures that can arise from selling or buying a home and will do our utmost to make the experience as straightforward as possible whether you are a first time buyer, experienced home mover or buying as an investment.
Please contact us now for your personalised quote, providing the following details:
• whether your transaction is a sale or purchase.
• is the property freehold or leasehold?
• what is the sale or purchase price?
• whether you are involved in a related transaction.
• if you require a mortgage for your purchase or will be redeeming a mortgage in your sale and;
• the location of your property:
There are a few things you may want to consider at this stage:
For Buyers
• Although mortgage lenders will usually inspect a property prior to making a formal offer and produce a homebuyer report, this may not constitute a full survey. We advise all of our home buyer Clients to arrange a full structural survey before proceeding with the purchase. A survey could impact upon the purchase price you are willing to pay.
• We recommend that you seek independent financial advice on your proposed mortgage arrangements.
• You may have to pay Stamp Duty on your purchase. The rate is 1% of the purchase price for properties over £125,000 and 3% for properties over £250,000. However, some properties and areas may be exempt from payment of Stamp Duty. We can advise you of this, or you can check on the Inland Revenue Website.
• In addition to our competitive fee there will be some third party costs called disbursements. These will usually include a local search fee and a Land Registry fee to register your purchase. When you request a quote we can also estimate all of your third party disbursements.
For Sellers
• Ensure to check and agree your Estate Agent’s fee. Do not forget that this fee will become payable on Completion of your transaction.
• If you are redeeming a mortgage, i.e. paying it off from the proceeds of sale we can do this by bank transfer at Completion.
• There are less third party fees, called disbursements, involved in a sale. Please request a quote and we will provide you with a complete breakdown.