There a several benefits to staying informed if you are moving home in Kings Norton. Fridaysmove's Kings Norton Conveyancing team is able to employ their local knowledge to help you move home sooner.

What are the consequences if your solicitor is not on your lender's panel?

Lenders maintain panels of law firms to perform mortgage legal work. While these panels were once open, allowing any firm to join, that is no longer the case. Lenders have also reduced the size of their panels, setting more restrictive criteria for membership. If your lender does not accept your chosen solicitor, you must make a decision as to how to proceed:

• Instruct another firm who is on your lender's panel, or,
• Find a mortgage from a different lender

You could also choose to work with your current solicitor, but you will have to pay the lender's costs in addition to your own, as they will instruct a member of their panel. Be aware of the following, if you choose to remain with your first choice of law firm:

• You must now pay the lender's costs in addition to your own
• You will not get any priority from the lender's solicitors, as they will have many other cases underway, and you are unable contact these solicitors directly

Kings Norton Stamp Duty Relief

Purchases of property in Kings Norton 'disadvantaged areas' are eligible for stamp duty. Local government wards or electoral divisions are used to define the boundaries of these. As the areas which have been designated are based on local authority electoral wards, they do not always coincide with postcode districts. The postcode search tool cannot always be relied on to predict eligibility. Above £150k, no stamp duty relief may be available. By making a straightforward search by postcode, you can usually determine if a property purchase below £150,000 will benefit, however. This relief is not generally available on commercial property, but some relief may be available for 'mixed use' premises such as a shop with a flat above.