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Transfer of Equity in Cambridge

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 Cambridge

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Cambridge 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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Conveyancing in Cambridge Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

Pertinent Cambridge travel and services facts -

As determined by the UK census, Cambridge's usual residential population is 421,467 people spread over an area of 461,188 acres (186,636 hectares) meaning a residential population density 0.9 people per acre (2.3 per hectare).

Q.

Cambridge attractions and landmarks

A.

Impington Cambs Windmill, Cambridge All Saints Churches Conservation Trust and Cambridge Leper Chapel Historic Building are in the vicinity of Cambridge.

Cambridge is nearby at under 2m of junction entry 13 Southbound of the M11.

Cambridge's closest train station is Cambridge at 1 mile s. Cambridge's nearest airport is Cambridge City Airport. Stansted Airport is 23 miles away.

The nearest hospital for Cambridge is Cambridge.

Q.

I am trying to find discount conveyancing in Cambridge. How do we get a quote?

A.

Many firms offer cheap conveyancing quotes, however extra charges can pad the final bill. Any extra costs should be reasonable. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

What do we need to calculate SDLT?

A.

The Stamp Duty which will be owed is calculated with reference to the property's price. Stamp duty will be £28120 on a £703000 house in Cambridge.

Q.

Are the many conservation areas in Cambridge likely to affect us?

A.

These areas qualify areas of special architectural or historic interest. A conveyancing solicitor will discuss the relevant responsibilities you would be taking on by purchasing in a conservation area for affected areas in Cambridge.

Q.

How much would the searches in Cambridge be?

A.

Conveyancing searches ranges in cost, subject to the searches your lender requires. Common searches include an environmental search and a local authority search.

Q.

As a result of the Met Office projecting more intense rainfall we are thinking that environmental searches won't be detailed enough?

A.

Environmental searches conducted by your conveyancing solicitor in Cambridge should also include the far more in depth search (Landmark) if the risk warrants it.

If you remain still worried why not try to speak to a future neighbour or nearby Cambridgeshire flood repair expert try Associate Decorators Ltd, Unit B Ronald Rolph Court Wadloes Road, Cambridge, CB5 8PX Tel: 01223 476335.

Q.

The Cambridge property being bought is on a ex-industrial use land. What should we do regarding barium topsoil contamination?

A.

Soil contamination by industrial waste, including metals, will have occurred in parts of Cambridge. Data on many contaminants, such as groundwater contaminants like hydrocarbons, will be included in an environmental search.

Q.

If Cambridge a contaminated plot is found in an environmental search, can the soil be remedied?

A.

If land has been contaminated by industry or agriculture, remediation may be possible, although it can be expensive. A Cambridge specialist such as Spearhead Turf Ltd, Lords Ground, Swaffham Prior, Cambridge, CB25 0LQ may be able to provide further information.

Q.

Is homewardlegal.co.uk experienced enough to very fast completions on the conveyancing of residential property auction properties in Cambridge?

A.

Yes - Our team are property auction specialists and regularly do the legal work for buyers at auction. Our niche auction team of conveyancing lawyers have been instructed by many buyers and sellers at regional residential property auctions that, amongst others, include Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Adept purchasers will decide on a an affordable conveyancing firm as quickly as they can to allow sufficient time for a review of the sellers legal pack well before the date of the auction. Subsequently, immediately after the property auction date your chosen lawyer is totally able to concentrate on concluding the legal work inside the limited time as required .

 
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