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Transfer of Equity in Castleford

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 Castleford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 13/01/17

Pertinent local travel and public service details -

Castleford station is about a mile from Castleford. Leeds Bradford Airport is 16 miles from Castleford. Robin Hood Airport is 22 miles and Sheffield City Airport is 23 miles away.

Castleford is of the M62 Junction 32 Westbound.

Castleford & Normanton District is a nearby hospital to Castleford.

Q.

Are additional fees applied? We are looking for a discount conveyancing quote in Castleford.

A.

Many homeowners seeking discount conveyancing are caught out by the lure of very low conveyancing rates, and many solicitors promote so-called 'the cheapest conveyancing quotes', however extra fees may increase the solicitor's invoice. Additional costs ought to be fair.

Q.

Is contaminated land in Castleford an issue?

A.

A wide range of contaminants caused by human activities can quickly spoil land in Castleford. Contaminants such as hazardous and regulated installations or limestone or gypsum quarrying should be considered as part of the appropriate search. Ings Lane, Wheldale, WF10 2JT may be one Castleford source of contamination.

Q.

What does the Castleford property solicitor do when the maisonette I hope to purchase is inside a conservation area and has unsuitable cladding added?

A.

Your property lawyer is required to ascertain if the property is located within a conservation area, and if so whether any modifications have appropriate permission.

In the event that no appropriate consents can be provided your Castleford conveyancing solicitor will recommend the best alternative which can include taking out an indemnity insurance or requesting retrospective permission from Wakefield local authority.

Q.

If we are intending to buy near Castleford, in the parish of Royston, do we need a chancel search?

A.

Your Castleford conveyancing solicitor may suggest that a chancel search is taken out. In Castleford's much older areas, chancel repair can be imposed on new owners of a property where parish councils may have spared previous owners or tenants. It is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

Which issues are important to aim for fast conveyancing?

A.

The key to fast conveyancing is to use a experienced solicitor. There are, however, a range of tasks you can also do. These include:

  • calling or emailing your solicitor, and chase them if you suspect any delays
  • answering any queries raised by your solicitor as soon as possible
  • clarifying your mortgage lender's requirements

Q.

Is there something we can do to avoid paying out for SDLT rates?

A.

Stamp Duty Land Tax (SDLT) must be paid on houses priced at over £125,000. Stamp duty mitigation scheme is not recommended for purchases in Castleford, as such schemes are highly expensive and unreliable.

Q.

Our purchase will complete on 6th September. How is Stamp Duty Land Tax rates assessed?

A.

The Stamp Duty owed will rely on the house or flat's value. Stamp duty will be £14970 on a £499000 house or flat.*

*Accurate 17/02/2013

Q.

How do I find out if a property is in a conservation area?

A.

Locales deemed to be of historic or architectural significance, such as 19th century suburbs, will be designated as conservation areas. A solicitor will discuss the relevant responsibilities and offer more information.

 
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