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Transfer of Equity in Chepstow

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 Chepstow

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 07/12/16

Chepstow points of interest

Chepstow Port Wall Cadw and Chepstow Castle Cadw are close at hand to Chepstow.

Chepstow is around 1.4 miles of junction entry 2 Westbound of the M48.

The closest train station to Chepstow is Chepstow. The closest airport to Chepstow is Bristol Airport.

The nearest hospital to Chepstow is Chepstow Community.

Q.

How do we get a discount conveyancing quote?

A.

Numerous firms promote theoretically cheap conveyancing. However extra charges are frequently hidden in the terms of engagement. Any extra fees found in your solicitor's terms should be reasonable. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

What analysis in connection with the potential risk of floods in Monmouthshire will a Chepstow property lawyer give details on?

A.

A key part of the conveyancing process of purchasing a property involves a solicitor conducting conveyancing searches that set out some details with regard to Chepstow flood risk area data.

Q.

How soon should I instruct a conveyancer?

A.

With a firm offering a 'no move, no fee' conveyancing quote, instructing as early as possible is better, as conveyancing involves various tasks which may be performed very early in the process. Some groups suggest holding off instruction until an offer has been firmly agreed, but delays can risk the other side pulling out, particularly in uncertain market conditions.

Q.

Which mortgage lender panels in Chepstow are your solicitors on?

A.

Most lenders in Chepstow are on our panels. Chepstow lenders and mortgage specialists include Monmouthshire Building Society,

19 High St, Chepstow, NP16 5LQ, Mortgage Taylors, 10 Beaufort Sq, Chepstow, NP16 5EP, and JFS Home Loans, The Red House, Shirenewton, Chepstow, NP16 6RL. The lawyer handling the work for your Chepstow purchase or sale will be able to provide more information.

Q.

The Chepstow property being bought is on a brownfield land. Is the soil potentially contaminated?

A.

Chepstow's local area has a history of contamination from agriculture or industry, like much of the UK. Land may also be contaminated by other sources, including perchlorate and water contaminants such as organic compounds.

Q.

My wife and I are buying in Chepstow. Are there any designated conservation areas?

A.

Areas deemed to be of architectural or historic interest, such as mining villages, will be designated as areas of conservation. You may wish to contact the local council for further information, but your conveyancing solicitor will investigate the impact of conservation areas or other planning restrictions.

Q.

What makes conveyancing legal work to take weeks more than planned? Is it not simply form-filling?

A.

The conveyancing process could be delayed. We appreciate how difficult it can be to face these and work hard to lessen the cost of these delays by, for example, ordering searches as early as possible. There are numerous reasons for delay, such as the length of time it takes for the managing agent or landlord to respond to queries.

Q.

In regards to the widespread river flooding in Wales, we are thinking that conveyancing searches (environmental) won't be thorough enough?

A.

An experienced Chepstow property lawyer will consider get property conveyancing searches if the initial conveyancing searches determine a the local Chepstow flood risk

Sometimes home buyers to also get in touch with a neighbour or local resident for some more local history or nearby Monmouthshire flood repair builder, e.g. G I Hutchings, 4 Sedbury La, Tutshill, Chepstow, NP16 7DU Tel: 01291 622785.

 
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