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Transfer of Equity in Aldershot

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 Aldershot

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 23/01/17

Intending to relocate to the area? Relevant nearby services information -

The closest airport to Aldershot is Farnborough (TAG London) Airport. Heathrow Terminals 1 2 3 Airport is 21 mile s, Heathrow Terminal 5 Airport is 20 miles, Heathrow Terminal 4 Airport is 20 miles, White Waltham Airport is 18 miles and Blackbushe Airport is 7 miles away. Aldershot's nearest station is Aldershot.

Q.

Noted Aldershot interest

A.

Aldershot Military Museum Hampshire Passport and The Farnborough Air Sciences Trust Aviation Museum are in Aldershot.

The neighbouring hospital for Aldershot is Farnham Community.

Q.

How do I find a cheap solicitor to purchase a house?

A.

This catches out many homeowners, and can leave them paying far more in fees than they budgeted, and many firms purport to offer supposedly 'the cheapest conveyancing quotes', but additional fees are frequently hidden in the terms and conditions that unknowing homeowners have not reviewed Your conveyancing quote should, in addition, define any disbursements. Additional fees listed in the solicitor's terms ought to be reasonable and only apply in cases where the conveyancer must complete work beyond standard conveyancing for you, which could not be anticipated at the start of the process. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

We need to complete this £ 982,000 residence purchase as soon as possible, can we aim for a fast conveyancing transaction?

A.

Most importantly, buying faster is key is to use a proactive conveyancing solicitor. There are several things you could do. These include:

  • clarifying your mortgage lender's requirements
  • calling or emailing the conveyancing solicitor, and chase them if you suspect any delays
  • answering any queries raised by your conveyancing solicitor as soon as possible
  • Q.

    I have read about the Met Office projecting more intense rainfall in the future we are questioning whether flood searches aren't thorough enough?

    A.

    Property conveyancing searches handled by a solicitor in Aldershot will include a more specialist Landmark flood search if the risk is deemed significant.

    If you remain worried make enquiries with a local resident.

    Q.

    Which local authority is responsible for Aldershot?

    A.

    Aldershot is located in Rushmoor Borough Council, Council Offices, Farnborough Road, Farnborough, Hampshire, GU14 7JU, contact: 01252 398 398

    Q.

    The Aldershot residence being bought is on a ex-industrial use land. Is the topsoil likely to remain contaminated?

    A.

    There are legislative rules imposed in order to limit soil contamination. Environment search results will factor contaminants, including metals and others such as chlorine.

    Q.

    For what reason does Aldershot purchase conveyancing be so drawn out? Isn't it a simple matter of filing paperwork?

    A.

    Conveyancing could be exposed to significant delays even in the best of circumstances. The reasons can sometimes be out of a solicitor's hands, Homeward Legal, however, endeavour to lessen their effect, if it is possible to do so, by, for example, ordering searches as early as possible. Delays may include problems with arranging a mortgage.

    Q.

    Is there anything I can do to bypass paying out for stamp duty?

    A.

    Stamp duty must be paid on residential property valued at over £125,000. Homeward Legal do not recommend any stamp duty reduction scheme, as such schemes are costly and the HMRC can review a scheme up to 6 years after a sale is completed meaning that the full stamp duty amount will then be due.

    Q.

    We are intending to buy a renovated investment flat within a conservation area. How do we find more data relating to the state of upkeep?

    A.

    English Heritage have created a list of the state of repair of conservation areas in Aldershot and throughout England. Local conservation areas are created by Rushmoor who police everything from the upkeep of public spaces to rundown streets.

     
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