"Whether you are buying or selling, awareness of local considerations will positive impact the likelihood of a successful sale or purchase. Your Property Lawyer will use their working associations with the local authority and other bodies to deliver better results. With regard to issues commonly arising during Newport Wales home-moves, your Solicitor will also utilise their area experience to anticipate and resolve these before they affect you."

Local issues considered by Newport Wales Conveyancing Solicitors:

Are you eligible for Newport Wales stamp duty relief?

Nearly two thousand areas in England and Wales are eligible for stamp duty relief. Local government wards or electoral divisions are used to define the boundaries of these. No stamp duty is payable on residential property purchases where the price paid is under £150,000. If an online search cannot determine whether a Newport Wales home is located in a disadvantaged area, clarification should be sought from the local council. That said, for any purchase below £150,000, it is worth making a simple postcode search to find out if a property is in a Disadvantaged area.

Need more information regarding stamp duty relief? Call our specialist Newport Wales team today.

The consequences of your solicitor not being on your Mortgage Lender's panel

Lenders once permitted any solicitors' firm to join their panel. These panels were established so that firms could join and thereby perform legal work on mortgages on behalf of lenders. More recently, lenders have begun to remove firms which have either not completed many conveyancing transactions or have failed to meet other criteria. To proceed where your Newport Wales lawyer is not on a mortgage lender' s panel, you have the following options; you could either obtain a mortgage from another lender, or instruct another firm of conveyancer who are on the panel. Generally, it is cheaper to have the same firm act both for you and your lender, but you could also choose to persist with both your first choice of lender and solicitor, and pay for a lawyer selected by the lender to carry out the relevant legal work. If you choose to remain with your first choice of Newport Wales-based solicitor, consider the following:

• Your lenders will instruct another firm, and you will have to pay their costs in addition to your own
• Your solicitor will have to send documents and information to the other solicitors, and wait for a response, which can cause delays
• Your case will be one of many which the lender's solicitors are dealing with, so it will be more difficult to engineer any priority treatment
• You cannot contact these solicitors directly, as they will be acting for the lender, not for you