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Transfer of Equity in Bures

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 Bures

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 22/01/17

Relevant Bures travel and public service information -

Bures station is approximately 1 mile from Bures. The nearest airport to Bures is Elmsett, Whatfield Rd Airport (11 miles s). Clacton Airport is 21 mile s, Elmsett Airport is 12 miles and Stansted Airport is 23 miles away.

St Leonards Sudbury is a nearby hospital.

Q.

How do I find a discount conveyancing quote?

A.

Several solicitors offer cheap conveyancing. Often additional fees may inflate your final invoice. Additional fees needs to be clearly defined. They only apply in cases where the conveyancer must perform additional tasks in your interest, which could not be anticipated at the start of the process.

Q.

How is SDLT calculated, and how much do we need to pay on a £707000 residential property?

A.

Stamp Duty in Bures is based on the valuation. Stamp duty will be £28280 on a £707000 home.*

*(Source - www.gov.uk, September 2012)

Q.

When should you find a conveyancer to act on our sale?

A.

The straightforward answer is, instructing as soon as possible is wise, as conveyancing involves a number of tasks which may begin immediately. Prompt instruction of a solicitor for a purchase allows you will the details of

your Bures solicitor ready when you make an offer, or, if you are selling a property, relevant information can be sourced sooner (this is particularly true for leasehold properties).

Q.

We are aiming to purchase a house. Do we need property searches?

A.

Conveyancing searches are enquiries requested by your solicitor through particular organisations, and refer to legal facets of the purchase.

Q.

Will the Bures conveyancing solicitor apply for any conveyancing searches on the Essex period detached house I am buying?

A.

The conventional conveyancing protocol is to get the following Local Authority (personal or official), Drainage and Water Search and Environment Search and occasionally less common searches, which may include a Chancel Check.

Q.

Is contaminated land a problem in Bures?

A.

Bures property can be contaminated by a broad range of environmental concerns, and an environmental search should reveal if a home may be affected by Bures contaminants including proposed erection of mobile masts.

Q.

Should we use a firm of solicitors used by our local agent?

A.

It is commonplace for agents to refer one or more conveyancing firms. These referrals must be carefully considered, as there is a risk that an agent may choose the firm which pays to the largest referral fee, not the most suitable for you.

Q.

May the legal fees introduce any hidden charges?

A.

No. Homeward Legal will not charge any hidden extra costs. Some firms only provide estimates disguised as quotes, which they will not be required to adhere to.

 
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