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Transfer of Equity in Glastonbury

A transfer of equity occurs when a property owner wishes to change the legal ownership of the property. Reasons include marriage, divorce and tax planning.

Homeward Legal's solicitors offer expert legal assistance with your transfer of equity.

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Remortgage Solicitors Glastonbury

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Glastonbury clients every week.

We strive to complete your remortgage legal work quickly, so that you benefit from your new mortgage deal as soon as possible.

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The Conveyancing
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Conveyancing in Glastonbury Q & A's

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Updated: 21/10/16

Read about Glastonbury ;

Glastonbury's nearest train station is Castle Cary at 9 miles and the nearest airport to Glastonbury is Bristol Airport.

The most convenient hospital for Glastonbury is West Mendip Community Glastonbury.


How do we find the cheapest Glastonbury conveyancing quote?


This topic affects many homeowners who opted for a very cheap quote, only to be stung later in the conveyancing process. Many solicitors advertise supposedly cheap conveyancing quotes, however extra charges can pad the final bill. Additional charges listed in the solicitor's terms should be fair and only come into force where the conveyancer is required to complete extra work on your behalf, which could not be anticipated at the start of the process. Your quote should list applicable disbursements.Our online calculator will create an accurate quote for your buy.


Is the Stamp Duty Land Tax fee a fee or disbursement?


Unscrupulous firms pass off fees which should be included as disbursements. It is not always obvious whether a cost is a fee or disbursement, and whether it should be included. This charge is a fee not a disbursement. It should be included in the quote for your conveyancing.


DIY conveyancing without the help of a lawyer in Glastonbury is becoming possible as a seller of a house. However be prudent ?


Hypothetically there are no reasons why you shouldn't engage in the legal and technical work on your own. However, a conveyancing solicitor takes care of a huge array of exercises such as identifying and arranging appropriate indemnity or notifying parties of completion most of

which need a skilled professional. Moreover solicitors firms are under a duty to be covered by insurance to shield you from any professional failures on the part of the solicitor.


What causes the purchase conveyancing process to take months to complete?


The legal work needed to sell or purchase a house or flat could be exposed to significant delays for many reasons. Sometimes, these reasons are beyond the conveyancing solicitor's influence. We endeavour to minimise the effect of these delays by driving the sale or purchase forward. Common delays include waiting for a mortgage offer.


Do you recommend looking into how to bypass paying for stamp duty tax?


Stamp duty is due for homes sold for more than £125,000. Homeward Legal do not recommend any stamp duty avoidance. These schemes are often uneconomical and can be very unlikely to succeed.


Which local authority looks after Glastonbury?


Glastonbury is located in Mendip District Council, Council Offices, Cannards Grave Road, Shepton Mallet, Somerset, BA4 5BT, phone: 01749 648 999


If we are buying on the same road as parsonage grounds in Glastonbury, do I need to get a chancel search?


Where land in Glastonbury was once owned by a lay-rector, new owners of that property may be obliged to cover the cost of maintenance of older church buildings. Following the Land Registration Act 2002, interest over any affected land in Glastonbury must be registered by October 2013. This will make it easier to identify affected property through a chancel search. Glastonbury Church of England properties where chancel liability may apply include St Benedict and St John the Baptist Church.


How can I guard against gazumping?


The practice of rejecting an offer which has been accepted when a higher offer is made by a second buyer is called gazumping. The risk of getting gazumped exists for almost any purchase. You should instruct a solicitor as soon as you can to reduce the chance of gazumping.