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Transfer of Equity in Catton

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 Catton

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 21/01/17

Catton attractions and landmarks

Norwich St Augustine Churches Conservation Trust and City of Norwich Aviation museum Aviation Museum are in Catton.

The closest airport to Catton is Norwich International Airport (1 mile). and the closest station to Catton is Norwich, around 2 miles away.

The closest hospital to Catton is Hellesdon Norwich.

Q.

What will the overall charge be on the sale of a £80k property? I am trying to find a fixed rate conveyancing quote.

A.

Lack of clarity over this issue catches out many buyers, and can leave them paying far more in fees than they budgeted. Many firms promote so-called 'the cheapest conveyancing quotes'. Unfortunately extra charges are often hiding in the solicitor's terms of engagement. Busy, stressed buyers ignore these terms at their peril. Extras listed in terms of engagement needs to be reasonable. Applicable disbursements ought to be defined on any quote for conveyancing in CattonWe offer quotes, not estimates, and clearly state all legal fees you pay for a standard conveyancing transaction.

Q.

Does your firm look after property auction conveyancing in Catton?

A.

Our company is used to working with bidders at auction. It is not uncommon for difficult to value auction lots for example quick sale properties, are listed in auctions and these necessitate increased examination. Homeward Legal therefore suggest that buyers choose an affordable conveyancing lawyer well before the auction for a detailed review of the auction legal pack,Subsequently, following the auction day your chosen lawyer is prepared for completing the legal side of things within the reduced time frame as typically required by the terms of sale.

Q.

My wife and I are planning to buy in Catton, and need to know if there are any areas of conservation.

A.

There are a number of conservation areas located near Catton. Your conveyancing lawyer will advise further, in regard to relevant conservation area restrictions in Catton.

Q.

I plan to purchase a house in the parish of Shouldham Thorpe. Should we get a chancel search?

A.

Your property lawyer might recommend a chancel search. Although some church councils have determined to impose chancel repairs on owners, a conveyancing solicitor cannot verify that a parish where dues have not recently been paid will not continue to be so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

Which local authority is responsible for Catton?

A.

Catton is located in Norwich City Council, City Hall, Norwich, Norfolk, NR2 1NH, contact: 0344 980 3333

Q.

Are pre-completion searches disbursements or fees?

A.

Comparing conveyancing quotes is often challenging, given the different terminology. These costs are disbursements not fees, and is passed on to the buyer at cost.

Q.

Doing your own conveyancing by bypassing a Catton conveyancer appears to be becoming possible as a buyer and seller of a house. Would it be a money saving idea ?

A.

Should you wish to endeavour to do so you can conduct the greater majority of the your own conveyancing without instructing a proficient Catton conveyancing solicitor. Of course legal firms would suggest this is a hazardous endeavour as amateur lawyers will be working without the critical insurance cover which all legal practices are duty bound to obtain.

Q.

How is stamp duty tax measured and what will we need to pay on a £656000 residential property?

A.

The Stamp Duty Land Tax owed will depend on the property's value. It is £26240 on a £656000 house.*

*Accurate June 2012

 
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