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Transfer of Equity in Aylesford

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 Aylesford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

Intending to relocate to the Aylesford area? Useful Aylesford public transport and services details -

Commuters are well served with Aylesford situated with very convenient motorway access very close at about 1/2 mile off the M20 Junction 5 Westbound.

Aylesford's closest train station is Aylesford. Aylesford's closest airport is Rochester, Maidstone Rd Airport (3 miles). London City Airport is 23 miles, London Airport is 21 mile s, Rochester Airport is 4 miles and London Biggin Hill Airport is 20 miles away.

Q.

Aylesford area info

A.

Burham St Mary Churches Conservation Trust and Paddlesworth St Benedict Churches Conservation Trust are close at hand to Aylesford.

The nearest hospital to Aylesford is Preston Hall Aylesford.

Q.

I am looking for affordable conveyancing. because we are on a limited budget.

A.

The confusion over this matter catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many firms advertise 'the cheapest conveyancing quotes'. Often extra fees are frequently hidden in the small print. Excited buyers and sellers, eager to get underway, often ignore this small print when they instruct. Any extra fees found in the terms should be reasonable. Third party costs, termed disbursements, to be paid should also be included on a Aylesford conveyancing quote

Q.

Our purchase is completing in August. What will be determined for SDLT?

A.

The Stamp Duty Land Tax payable depends on the value of the house. Stamp duty will be £1920 on a £192000 house in Aylesford.

Q.

For a fast exchange and completion on the purchase of a £986k residence, how can we speed things up?

A.

Key to buying faster is to employing a proactive property lawyer. There are a range of tasks you could do to speed up the process. These include:

  • asking for property searches to be ordered immediately
  • quickly completing and return any forms
  • arranging any finances require to complete the purchase

Q.

What makes conveyancing work for a sale in Aylesford appear to be so drawn out?

A.

Conveyancing can be obstructed even in the best of circumstances. In some cases, the delays are out of the solicitor's control, Homeward Legal, however, do our best to diminish their effect by pushing all parties involved.

Q.

Should we get a chancel search if I plan to purchase in the parish of Charing?

A.

Regardless of the Aylesford parish you are purchasing in, the Aylesford conveyancing solicitor may suggest that a chancel search is taken out. In Aylesford's much older areas, chancel repair may be apportioned on new owners of a property where church councils have not imposed the same liability on the last owners, so the solicitor will be unable to make any guarantees, and will recommend insurance.

Q.

As a consequence of the serious flooding in the UK in April 2012 we are wondering whether flood risk searches won't be exacting enough?

A.

A diligent Aylesford property solicitor should always get flood searches if the initial search spots a significant risk Aylesford flood risk.

You might be able to contact a next door neighbour for more local history.

Q.

When do I need to get a conveyancer?

A.

With few exceptions, the earlier, the better, as there are a number of tasks which may be carried out straight away. Prompt instruction of a solicitor to act for you on your Aylesford transaction can reduce any chance of the other side pulling out.

Q.

If you are buying a property on the same road as a priory in Aylesford, will I need to get a chancel search?

A.

Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Aylesford property likely to be affected. Parochial Church Councils in Aylesford must register their interest over property by October 2013, simplifying the chancel search process. A conveyancing lawyer will be able to advise further. Aylesford church lands include St Peter & St Paul.

 
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