Friday, Jul 30, 2010
Fixed £22 fee is charged for a search of a council's land charges register, but government advice is
Guardian: Homebuyers search fee to be abolished
The fixed fee is charged for a personal search of a council's local land charges register, but it is a cost homebuyers should no longer have to face, the communities and local government department said.
The land searches tell people about potential issues affecting the property – for example, if the house is in a conservation area and it would make getting permission for an extension difficult, or if there is a protected tree that cannot be cut down.
Posted by mark @ 01:40 PM (1106 views) Add Comment
7 Comments
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1. doomwatch said...
Woopeee do. Well I don't know about anyone else, but I'm going to rush out & buy an overpriced property to
save £22.
2. mark wadsworth said...
What Doomwatch says.
3. jack c said...
doomwatch/mark wadsworth - if you roll in the HIP fee which no longer has to be paid surely it's looking a much more attractive proposition (LOL)
4. mark wadsworth said...
JackC, and the SDLT exemption for FTBs, and the taxpayer subsidised interest rates and the right to veto council tax hikes - all of which merely feed through into higher house prices...
5. jack c said...
mark wadsworth - I'm sure you will love this one ! - what is the current mortgage rate for a staff member at LTSB (that State owned bank of ours)?
6. mark wadsworth said...
Jack, at a guess 2.5% interest.
7. jack c said...
MW - try 0.5% which means someone with a £60K mortgage on int only is paying £5.77 per week for a nice 1 bed appartment (parents stumped up the £40k deposit)