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Transfer of Equity in Cheltenham

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 Cheltenham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 19/01/17

Helpful local services information -

Gloucester Airport is 4 miles from Cheltenham. Defford Airport (disused) Airport is 14 miles away. Cheltenham Spa station is almost a mile from Cheltenham.

Cheltenham General is a nearby hospital to Cheltenham.

Q.

On the purchase of a £420,000 residence, what will be the fees? We need an affordable conveyancing quote.

A.

Both high-street and online solicitors offer cheap conveyancing, but extra charges are often hiding in the terms of engagement, left unregarded by busy buyers Costs needs to be fair and be applicable solely where your conveyancer must complete unanticipated additional work , which could not be anticipated at the start of the process.

Q.

The home being bought is on a ex-industrial use land. Can the topsoil still be contaminated?

A.

With the history of industry in parts of Cheltenham, soil contamination is difficult to avoid. Data on many contaminants, such as groundwater contamination and organohalides, will be included in an environmental search.

Q.

I am planning on buying a sixties maisonette in a designated conservation area in Cheltenham, how do I find information concerning the standard of repair of the conservation area?

A.

Conservation areas in Cheltenham are set up by the local authority (Cheltenham) who oversee everything from

whether trees can be cut down to ugly highway signs. Following a campaign, English Heritage have conducted a survey and created records of the condition of conservation areas.

Q.

Could my conveyancing fees have any extra fees?

A.

We do not charge any additional charges.

Q.

Are there any conservation areas in Cheltenham?

A.

Locales deemed to be of architectural merit, such as stretches of canals, will be recorded as conservation areas. Your conveyancing lawyer will be able to advise further and address the impact buying in a conservation area may have, regarding specific conservation areas in Cheltenham.

Q.

What can a Cheltenham property solicitor do if the house we are planning to buy is inside a registered conservation area and has incongruous windows installed?

A.

The conveyancing solicitor is required to confirm whether the property is within a conservation area, and if so, whether any alterations have the appropriate consent from the local planning authority.

Q.

Can you advise how I defer paying stamp duty land tax?

A.

Stamp duty must be paid for home purchases priced at over one hundred and twenty-five thousand pounds. We strongly advise against any form of stamp duty mitigation scheme. These schemes are costly and often likely to fail. There have been several government-sponsored schemes, on the other hand, such as for first-time buyers.

Q.

Is there anything we are supposed to do to make our Cheltenham conveyancing faster?

A.

The key to a fast completion is to use a proactive property lawyer. There are, in addition, numerous things you, as the buyer, could do, including, asking for property searches to be ordered immediately, responding to your property lawyer by phone, fax or email wherever possible and confirming your mortgage offer.

 
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