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Transfer of Equity in Thirsk

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 Thirsk

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

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Ask Lorraine a question

Updated: 17/10/16

Thirsk's nearest train station is Thirsk. Thirsk's closest airport is Darlington, Durham Tees Valley Airport.

Lambert Memorial Community Thirsk is the most convenient hospital to Thirsk.


How do I find affordable conveyancing?


Many buyers seeking discount conveyancing are caught out by the lure of very low conveyancing rates, and many solicitors promote supposedly cheap conveyancing. Often additional costs will be included in the terms, left unregarded by busy buyers A conveyancing quote should, in addition, define third party costs, termed disbursements, to be paid. Additional fees listed in the terms should be reasonable and clear. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.


Do you need a chancel search? I am buying a Thirsk property close to a 17th Century priory.


Owners of property in an area near nearby church land may be required to subsidise repairs. This is referred to as chancel repair liability. After the passing of an Act in 2002, interest over any affected land must be registered by October 2013. A conveyancing solicitor will be able to advise as to whether a chancel search is necessary, and recommend suitable insurance. Thirsk church lands where a chancel search may be necessary include Maunby St Michael and St Mary.


How do you calculate SDLT, and what should we pay on a £794000 property?


Stamp Duty will depend on the valuation. Stamp duty will be £31760 on a £794000 residential property (source:, September 2012).


Do your panel of solicitors administer the conveyancing for residential property auction properties in Thirsk?


Homeward Legal do frequently do the legal conveyancing buyers and sellers at auction. Lawyers often recommend auction buyers to decide on a SRA regulated property lawyer before the auction for a title report of the sellers documents.

Subsequently, immediately after the date of the auction you are the conveyancing solicitor is prepared for swiftly conclude the conveyancing in the 28 day time frame, a normal requirement of conditions of sale.


I am intending to buy a church rectory in Barningham. Will we need a chancel search?


A property solicitor may suggest a chancel search. In Thirsk's much older areas, chancel repair may be imposed on the owners of a home where Parochial Church Councils (PCCs) have not imposed the same liability on the last owners. For property in the parish of Barningham, it is not safe to rely on the historical behaviour of the parish council alone as a guide.


Thirsk property solicitors apply for some property conveyancing searches when they are instructed to act for a purchaser - which particular ones?


When getting a mortgage a mortgage lender mandates at least these searches - Local Authority, Drainage and Water Search and Environmental,, and possibly less common searches, which might include Company Searches.


Will I need a homebuyer report?


We recommend that the majority of buyers arrange a property surveyor to undertake a survey. There are many issues that have a negative impact on a property, which are not included in your mortgage lender's valuation. These include flat roof leaks.


Will a Thirsk conveyancing solicitor report back on the potential risk of flooding in the Thirsk area on an Edwardian home we are intending to buy?


A solicitor makes an application for standard environmental searches, which include Thirsk flood risk information. A substantially more detailed conveyancing search (e.g. Landmark) may possibly be advised by a lawyer in Thirsk, if in the event that the initial searches indicate a flood risk.