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Transfer of Equity in Beaufort

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 Beaufort

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 07/01/17

Planning to moving to the Beaufort area? Pertinent Beaufort travel and public service information

The closest station to Beaufort is Rhymney. Cardiff Airport is 28 miles from Beaufort.

Ebbw Vale is a relatively close hospital to Beaufort.

Q.

I am trying to find a fixed rate conveyancing estimate in Beaufort. Can you assist?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many firms claim to offer so-called cheap conveyancing, but additional fees can increase your final invoice. Applicable disbursements should also be included on any quote for conveyancing in BeaufortThe Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

How much can fee for the searches come to?

A.

The cost of conveyancing searches varies markedly, depending on the particular searches ordered. Searches are paid to a third party, and are not included in your solicitor's fees.

Q.

If we are purchasing near Beaufort, in the parish of Beaufort, do we need a chancel search?

A.

Your conveyancing solicitor could recommend a chancel search. Chancel repair dues can be collected on owners of a house where Parochial Church Councils have previously chosen not to do so, so indemnity insurance may be advisable even if liability is unlikely.

Q.

I am buying a £989000. How is Stamp Duty Land Tax rates calculated?

A.

Stamp Duty is based on several factors, including the value of the property, and whether it is in a 'disadvantaged area'. Stamp duty will be £39560 on a £989000 residential property in Beaufort.

Q.

How is contaminated land in Beaufort identified?

A.

Property could be contaminated by numerous environmental factors, like limestone or gypsum quarrying and environmental radon sources. An environmental search should offer more information.

Q.

Is a mining search paid to the solicitor?

A.

It may be unclear whether a charge is a fee or a disbursement. This charge is a disbursement not a fee, and is passed on to the buyer at cost.

Q.

What will the Beaufort conveyancing lawyer advise if the flat we are buying is in a Blaenau Gwent local authority conservation area that possibly has unfitting dormer windows fitted to it?

A.

The local authority searches carried out by your solicitor during the conveyancing process will find out whether the property is inside a conservation area and evidence of permission for alterations will be requested.

Q.

Which mortgage lenders in Beaufort do you work with?

A.

Of lenders with offices in Beaufort, we alongside most. Lenders and mortgage specialists in Beaufort include Jones Ivor, 18 Gwaun Fro, Penpedairheol, Hengoed, CF82 8BN, Nation Mortgage & Finance, 31 Croeso Sq, Blackwood, NP12 1WE, and Apricot Mortgages & Loans Ltd, 4 Griffin Rise, Treharris, CF46 5BJ. The lawyer whom you have instructed should be able to advise further.

 
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