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Transfer of Equity in Porthmadog

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 Porthmadog

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

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Updated: 24/10/16

Local information:

Portmadog train station is almost a mile from Porthmadog. The nearest airport to Porthmadog is Caernarfon Airport Airport.

Bron y Garth Garth Bengan is the nearest hospital to Porthmadog.


What are the best conveyancing rates for a 100,000 house?


This topic catches out many homeowners, and can leave them paying far more in fees than they budgeted, and many solicitors offer cheap conveyancing. Often extra charges can pad the final bill. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.


Unforeseen financial circumstances mean we have to get going and exchange on the selling of our mortgaged share of freehold flat quickly, do you introduce any fast Porthmadog conveyancing solicitors ?


Generally property lawyers are unhurried causing huge annoyance to the property conveyancing process.

Homeward Legal only introduce you to chosen solicitors that will always communicate through the whole of the buyer and seller chain . In addition , our network of property lawyers are specifically chosen as they use leading edge integrated systems to exchange on the property sale in minimum time.


Which local authority looks after Porthmadog?


Porthmadog is located in Gwynedd County Council, Council Offices, Shirehall Street, Caernarfon, Gwynedd, LL55 1SH, phone: 01766 771 000


What length of time may the conveyancing process take? We are buying in Porthmadog.


The number of weeks needed to buy or sell a house varies, influenced by potentially many issues which may affect the property, for example, if you plan to take out a mortgage. The national average is 8 to 12 weeks, we however aim to complete the process within six weeks.


What are 'fixtures and fittings'?


Mainly, there is not a clear definition of 'fixtures and fittings'. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction. This makes resolving any confusion between buyer and seller on this issue so urgent.


What do we need to calculate Stamp Duty Land Tax rates in Porthmadog and how much should we pay on a £1010000 house?


The Stamp Duty that will be due is based on the value of the home. Stamp duty will be £50500 on a £1010000 house.


If I am buying near church land in Porthmadog, is it necessary that we get a search for chancel liability?


The Law Lords decision in Aston Cantlow (PCC) v Wallbank in 2003 reaffirmed that 'lay impropriators' of property must contribute towards church repairs. Owners who have bought property prior to 2003 may be totally unaware that a liability exists if a chancel search was not carried out. A solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance.


What conservation areas are there in Porthmadog?


Conservation areas distinguish areas designated as being of 'special architectural and historic interest'. Your solicitor will be able to advise further and discuss what specific restrictions are in place, regarding specific conservation areas in Porthmadog.