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Transfer of Equity in Lavenham

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 Lavenham

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Lavenham 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 Lavenham Q & A's

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Updated: 19/10/16

Local area information

The nearest airport to Lavenham is Elmsett, Whatfield Rd Airport (8 miles). and the nearest train station to Lavenham is Sudbury Suffolk, around 6 miles away.

St Leonards Sudbury is a nearby hospital for Lavenham.


There are lots of 'cheap' offers, but how do we find a good one? I need to find affordable conveyancing.


Misleading conveyancing quotes catch out many homeowners, leaving them to pay sometimes £100s more than planned. Many solicitors offer so-called cheap conveyancing, but additional charges are frequently hidden in the small print. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.


How soon do we need to arrange a conveyancer?


With a firm offering a 'no move, no fee' conveyancing quote, the sooner the better. Instructing a firm early for a sale means that relevant information can be sourced sooner (this is particularly true for leasehold properties), whereas if you are buying you can shave days off the process by having the details of your instructed solicitor ready when you make an offer.


Property conveyancing searches are assessed from past data and when you factor in recent climactic events for example the fact that last year was second wettest year since on record are they actually good enough to report sufficient information about the local Lavenham flood risk?


A competent Lavenham conveyancing solicitor will get additional informative flood searches if the initial conveyancing searches flag up a significant risk.

Why not speak to a close neighbour for additional peace of mind.


Doing ones own conveyancing without the support of a conveyancing solicitor in Lavenham appears to be becoming possible when buying a flat. Would it actually be wise ?


Legally speaking there are no arguments why a home buyer cant go down that route and handle the greater majority of the conveyancing on your own. However, a conveyancer handles a huge number of assignments e.g. chasing any outstanding docs or dealing with requisition on os1 which require a qualified solicitor.


Are there many purchasers in Lavenham gazumped?


This occurs when a home owner accepts an offer, only to dismiss it, opting for another buyer's higher offer. Gazumping may happen even months into a purchase. Though gazumping is uncommon when property prices are falling, there is still a risk. Instructing a proactive solicitor as soon as possible is a key first step to reducing this risk.


Which local authority is responsible for Lavenham?


Lavenham is located in Babergh District Council, Corks Lane, Hadleigh, Suffolk, IP7 6SJ, contact: 01473 826 622


Solicitors in Lavenham apply for varied searches when acting for a purchaser, but which actual searches?


When you are getting a mortgage the building society of bank will expect at least specific searches, including these searches - Local Authority (personal or official), Drainage and Water Search (CON29DW or personal) and Environment Search, and, depending on certain criteria, special local Lavenham searches, which may include a British Waterways Search.


I plan to buy a house in Creeting St Peter. Will it be necessary to get a chancel search?


Your property solicitor might recommend that a chancel search be ordered. Chancel repair may be imposed on owners of a property where church councils have previously chosen not to do so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.