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Transfer of Equity in Cardiff Bay

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 Cardiff Bay

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

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 13/01/17

Cardiff Bay area information

Cardiff Castle Cadw and Cardiff Castle Historic Building are situated in Cardiff Bay.

Cardiff Bay station is about a mile from Cardiff Bay. The nearest airport to Cardiff Bay is Cardiff Airport. Bristol Airport is 21 mile away.

The nearest hospital to Cardiff Bay is Cardiff Royal Infirmary.

Q.

How do I get a cheap solicitor quote for purchasing freehold property?

A.

Both high-street and online firms claim to offer 'the cheapest conveyancing', however extra charges will be included in the solicitor's terms of engagement which unwary buyers fail to check. Any charges included in terms of engagement needs to be clearly defined and only come into force where the lawyer is required to complete extra work , which could not be anticipated at the start of the process.

Q.

Is a deed of postponement passed on at cost?

A.

Disbursements and fees ought to be stated on a quote for your conveyancing. This charge is a fee not a disbursement, and should be included in a quote for your conveyancing.

Q.

If we are intending to purchase near Cardiff Bay, in the parish of , do we need a chancel search?

A.

The Cardiff Bay conveyancing solicitor may suggest that a chancel search be taken out, whichever parish where the property being bought is found. In Cardiff Bay's much older areas, chancel repair has the potential to be imposed on owners of a property where church councils have not imposed the same liability on the last owners.

Q.

We are concerned about the council tax amounts on a Sixties end of terrace house in Cardiff Bay, how much are they?

A.

Typically the conveyancer's title report should contain the Cardiff council tax band.

Council tax charges for residents of Cardiff Bay are tabled on the Cardiff council site. Currently (03 September 2012) the different rates are:

  • Band A - £738.47
  • Band B - £861.55
  • Band C - £984.63
  • Band D - £1,107.71
  • Band E - £1,353.87
  • Band F - £1,600.03
  • Band G - £1,846.18
  • Band H - £2,215.42

Q.

Unforeseeable personal circumstances mean we must to complete on the sale of a maisonette rapidly, are you fast home moving solicitors in Cardiff Bay ?

A.

Homeward Legal takes a proactive approach to fulfilling conveyancing work. Our solicitors method is to employ the latest document production systems . We also allocate property sellers carefully selected conveyancing solicitor prepared to communicate with everyone in the property chain (line of buyers and sellers) like freeholders, to fulfil a fast completion.

Q.

What type of local searches concerning the uncertain risk of local flooding around Cardiff will my Cardiff Bay lawyer conduct for a buy to let maisonette we are intending to buy?

A.

A qualified lawyer will apply for formal conveyancing and environmental searches that will include Cardiff Bay historical flood risk data.

Q.

Should we get a chancel search? I am buying a property in Cardiff Bay.

A.

The Law Lords decision in Aston Cantlow (PCC) v Wallbank in 2003 confirmed that chancel repair liability could be enforced. A chancel search addresses if such a liability exists. Liability is more common in some parts of the country.

Q.

How many weeks should I expect it to take my lawyer to finish the legal work on the top floor of sixties building in Cardiff Bay?

A.

The process can take anywhere between 1 month and three months dependent on various factors like the efficiency of the vendors lawyer, or whether your solicitor has to act for your lender. Our proactive property lawyers are very focused on communication exchanging as quickly we can.

 
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