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Transfer of Equity in Montacute

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 Montacute

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

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Updated: 23/10/16

Regional services and health service information and addresses ;

Bristol Airport is 30 miles from Montacute. The closest train station to Montacute is Yeovil Pen Mill.

Yeovil District is a nearby hospital for Montacute.


How do we find fixed rate conveyancing in Montacute?


Many firms advertise so-called cheap conveyancing quotes. However extra costs will be included in the terms of engagement. Any disbursements to be paid must also be stated on your conveyancing quote. We offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.


What type of local environmental checks regarding the risk and history of a flood to properties in Somerset will the conveyancing solicitor in Montacute conduct?


A key part of the conveyancing process involves your conveyancing solicitor making an application for conveyancing and environmental searches that provide you with information about the Montacute flood risk area data.


Which issues assist with organising a fast conveyancing process?


It is a truism that a fast conveyancing transaction is key is to employing a experienced conveyancing solicitor. There are a range of things you can do. These include:

  • encouraging your conveyancing solicitor to carry out searches promptly
  • completing all forms as soon as possible
  • clarifying your mortgage lender's requirements


Are we advised to get a chancel search if I am buying in the parish of Charlton Horethorne?


The solicitor may suggest a chancel search, whichever parish in which the residence being purchased is located. Chancel repair dues can be collected on the current owners of a residence where parish councils may have spared previous owners or tenants, so indemnity insurance may be advisable even if liability is unlikely.


Will we need a chancel liability search? We are buying in Montacute.


In Montacute, where land was once owned by a lay rectors, new owners of that property may be obliged to contribute towards the cost of repairs to an old church building. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Church of England properties in the local area include St Catherine.


What steps can I take to circumvent paying SDLT?


Stamp duty scheme must be treated with caution by purchasers in Montacute. These schemes are highly expensive and the HMRC can review a scheme up to 6 years after a sale is completed and the total stamp duty, with interest, will be due. There have been a small number of official schemes, such as relief for buyers in 'disadvantaged areas'.


What will the council tax cost for a Fifties Band B maisonette in Montacute?


Your pertinent band should almost always be detailed in the report on title along with the local council Correct charges for homes in Montacute are tabled online at the South Somerset council site. Currently (22 February 2013) band rates are:

  • Band A - £991.00
  • Band B - £1,156.00
  • Band C - £1,321.00
  • Band D - £1,486.00
  • Band E - £1,816.00
  • Band F - £2,146.00
  • Band G - £2,476.00
  • Band H - £2,972.00


Is a Homebuyer Report sensible when buying property in Montacute?


It is strongly advised that most purchasers arrange a home surveyor to perform a survey if you are planning to buy in Montacute. It is a fact that there are a range of concerns that affect a property, which will not be addressed during a property valuation. These can include cavity wall tie failure and dry rot.