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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.

Get an instant quote for a transfer of equity in Cardiff Bay.

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.

Get an online Cardiff Bay solicitor remortgage quote to begin.

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The Conveyancing
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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: 28/11/16

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.

Nationwide Building Society is our mortgage lender, is there anything we need to check?

A.

When taking out a mortgage to buy a property, a mortgage provider will need legal work to be undertaken in relation to the mortgage. Some lenders have opted to reduce the size of their 'solicitor panel'. Homeward Legal, however, are able to act on behalf of the vast majority of lenders.

Q.

Do we need to choose a conveyancing who often works with by my estate agent?

A.

Your agent will be able to pressure a solicitor they refer a large number of clients to, and can therefore exert pressure on a slow solicitor to work faster, however, such referrals need to be weighed up against alternatives, including online or local firms, as there is a risk that an agent may choose whichever firm pays the most per referral, not the law firm with the best reputation.

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.

Q.

The Cardiff Bay property being purchased is on a ex-industrial use land. Can the soil still be contaminated?

A.

There are wide-ranging regulations imposed to limit soil contamination. Other sources of contaminated land include groundwater contamination and radioactive waste.

Q.

How do we get out of paying for stamp duty?

A.

Stamp Duty Land Tax commonly must be paid for property purchases valued at over one hundred and twenty-five thousand pounds. We do not advise conveyancing clients get involved with any form of stamp duty mitigation. These schemes are costly and unreliable. There have been a number of government initiatives, such as higher thresholds for first-time buyers.

Q.

Which mortgage lenders in Cardiff Bay do you work with?

A.

Homeward Legal have solicitors who have experience working with all the major lenders approved by the CML. A number of mortgage specialists operate in Cardiff Bay, such as Allied Irish Bank (GB), 2 Callaghan Sq, Cardiff, CF10 5AZ, ING Direct, 2 Callaghan Sq, Cardiff, CF10 5AT, and ONE, The Wales Millennium Centre/Bute Pl, Cardiff, CF10 5AL.

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.

 
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