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Transfer of Equity in Cheddar

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 Cheddar

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 20/01/17

Cheddar area information

King John's Hunting Lodge National Trust and Chapel Allerton Windmill are close at hand to Cheddar.

Cheddar's nearest station is Worle. Cheddar's closest airport is Bristol Airport.

The nearest hospital to Cheddar is Weston Weston Super Mare.

Q.

How do we get the best conveyancing rates for a £117,000 property?

A.

Both high-street and online conveyancers promote 'the cheapest conveyancing quotes', however extra costs are frequently hidden in the terms and conditions. Any disbursements should also be included on a quote. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

What type of environmental conveyancing searches about the potential risk of local flooding in the Somerset region will a lawyer in Cheddar carry out?

A.

An integral part of the conveyancing procedure involved in buying a home involves a lawyer applying for environmental searches that set out information on the local Cheddar flood risk.

Q.

The web is full of a plethora of useful books going into great depth on doing the legal work yourself e.g. Buying a House: A Step-by-step Guide to Buying Your Ideal Home (How to). Do I therefore want to use a conveyancing solicitor in Cheddar ?

A.

Technically speaking there is absolutely no argument why a buyer cant go down that route and carry out the majority of the legal work without assistance. The truth is however that a conveyancing solicitor takes care of a significant number of functions including liaising with the insolvency office for k15 entries or dealing with requisition on os1 which require experience.

Q.

How much will the searches in Cheddar usually cost?

A.

The cost of conveyancing searches does vary. Searches are disbursements, and are not included in a quote for solicitor's fees.

Q.

How much is the council tax on a Thirties semi-detached Band G house in Cheddar?

A.

You should be given detail on the homes band within the title report. Up-to-date charges for residents of Cheddar are listed on the Sedgemoor council site. Currently on 17 December 2012 rates are:

  • Band A - £966.00
  • Band B - £1,127.00
  • Band C - £1,287.00
  • Band D - £1,448.00
  • Band E - £1,770.00
  • Band F - £2,092.00
  • Band G - £2,414.00
  • Band H - £2,897.00

Q.

I am purchasing a property in Holcombe. Is a chancel search required?

A.

Your conveyancer could advise a chancel search. Through some Parochial Church Councils (PCCs) have opted to charge chancel repairs on the current owners of affected property, there is no way to be certain that a parish where repair costs have not been paid before, that this will not continue to be so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

At what point should you instruct a solicitor in Cheddar?

A.

Simply, the faster you instruct the better. The legal work can then commence very early in the process. Instructing a conveyancing firm to handle your Cheddar conveyancing early for a purchase can mean that you can shave days off the process by having the details of your instructed solicitor ready when you make an offer, or, if you are selling a property, prior to marketing the property, documents can be prepared to make it potentially more attractive to motivated buyers.

Q.

What length of time will it take for my designated property lawyer to exchange contracts the legal work for a semi detached Thirties property we want to buy?

A.

The conveyancing process can take anywhere from 3 weeks and 3 months, which can depend on a number of factors e.g. the efficiency of the vendor's property lawyer, or contentious issues that may arise. Our highly conveyancing solicitors are very proactive work towards completing the process as promptly as achievable.

 
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