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Transfer of Equity in Burntwood

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.

Get an instant quote for a transfer of equity in Burntwood.

Remortgage Solicitors Burntwood

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Useful local Burntwood public transport and public service details:

Hednesford train station is almost 4 miles from Burntwood. The closest airport to Burntwood is Birmingham Airport (18 miles). Wolverhampton Business Airport Airport is 19 miles away.

Drivers are well served with Burntwood enjoying good major road access of Junction 6 Southbound of the M6T.

St Johns Lichfield is the nearest hospital.

Q.

Please confirm the cheapest fee for a £413k house? We are trying to find a fixed rate conveyancing quote in Burntwood.

A.

This catches out many buyers, and can leave them paying far more in fees than they budgeted. Many conveyancers purport to offer supposedly cheap conveyancing quotes. Unfortunately extra fees will be included in the terms. Applicable disbursements should also be clearly stated on the quote. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

How do I bypass paying out for SDLT?

A.

Stamp duty mitigation should be treated with extreme caution, as such schemes are costly and unreliable.

Q.

We are using a local lender in Staffordshire, and need to know which Burntwood lenders your lawyers are able to work with. Whose panels are your solicitors on?

A.

Most lenders in Burntwood are on our Burntwood solicitors' panel. Burntwood lenders and mortgage specialists include Apj Mortgage Solutions, 18 Rugeley Rd, Burntwood, WS7 9BA.

Q.

Might it be a silly move to take care of legal conveyancing process myself.

A.

Technically speaking there is no reason why a buyer cant undertake the legal work on your own. In reality however, a lawyer typically handles a large array of tasks including chasing lender for comments on issues raised or interpreting management accounts most of which really need experience. Despite that legal practices are required to get professional indemnity insurance to safeguard you from any errors on the part of the solicitor.

Q.

We are purchasing a £895k Burntwood property. What will be calculated for Stamp Duty Land Tax rates?

A.

Stamp Duty in Burntwood will rely on the house or flat's value. On a £895k house or flat, stamp duty will be £35800.

Q.

How much can the cost of the conveyancing searches be?

A.

With Homeward Legal, clients buying in Burntwood required to pay no more than £249 for conveyancing searches. Your solicitor will usually advise a pack including a mining search and a local authority search.

Q.

My wife and I are intending to buy in Burntwood. Can we check that the property is in a conservation area?

A.

Areas deemed to be of historic or architectural significance, such as mining villages, will be designated as areas of conservation. A conveyancing lawyer will discuss the relevant responsibilities.

Q.

How much is the council tax on a Fifties converted Band E house in Burntwood?

A.

You should be given detail on the homes band within the report on title. Council tax rates for Burntwood are listed online at the Lichfield local authority website. On (12 March 2013) the rates are:

  • Band A - £972.00
  • Band B - £1,134.00
  • Band C - £1,296.00
  • Band D - £1,459.00
  • Band E - £1,783.00
  • Band F - £2,107.00
  • Band G - £2,431.00
  • Band H - £2,917.00

 
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