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Transfer of Equity in Corston

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 Corston

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Pertinent regional transport and public service details -

The nearest airport to Corston is Bristol Airport (11 miles s). The closest train station to Corston is Oldfield Park.

Royal United Bath is the nearest hospital for Corston.

Q.

I am trying to find an affordable Corston conveyancing quote. What do we need to consider?

A.

This affects many homeowners who opted for a very cheap quote, only to be stung later in the conveyancing process. Many solicitors promote so-called cheap conveyancing. Unfortunately additional charges are often hiding in the terms of engagement which homeowners may have not read carefully Any additional charges listed in the terms needs to be fair and reasonable. Your quote should list any disbursements.Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

What type of environmental conveyancing searches concerning the risk of floods in the North Somerset area will my conveyancing solicitor in Corston apply for on a residential house I am going to purchase?

A.

The solicitor will apply for official property conveyancing searches that incorporate Corston area flood risk information. A significantly more involved dedicated flood risk search (e.g Homecheck) may be proposed by the Corston lawyer if the results of the environmental search suggest a risk of flooding.

Q.

Do you have fast solicitors that deal with auction conveyancing in Corston?

All of our property conveyancers do frequently work for buyers at auction. We always recommend auction buyers to instruct their chosen lawyer in advance of the property auction date to allow time for a detailed review.

Post day of the auction your experienced property lawyer is utterly geared up to speedily completing the transaction in a month as typically required by the terms of sale.

Q.

What are fixtures and fittings?

A.

In general, fixtures are 'fixed' to walls, floors or ceilings securely and fixtures are free-standing. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction, and which makes a fixtures and fittings form so necessary.

Q.

Can you confirm how to hold off paying SDLT?

A.

Stamp duty mitigation should not be considered. Such schemes are often uneconomical and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.

Q.

Where can I go about check whether the Corston conservation area is in a poor state?

A.

English Heritage, a government body, have put together records of the condition (poor to good) of conservation areas.

Local conservation areas are nominated by Wiltshire who govern everything from including things like ugly shop fronts, removal of chimney stacks and the upkeep of public spaces.

Q.

As a consequence of the major flooding in Sept 2012 in South West England, we are worried that conveyancing searches may not be sufficient?

A.

A conveyancer in Corston should always include property environmental searches if the standard search determines a significant risk Corston area flood risk

Sometimes home buyers to also speak to a local resident to gain extra comfort.

Q.

Is contaminated land an issue for many properties in Corston?

A.

Land in Corston would be contaminated by several natural causes. Contaminants including a proximate telecommunications base station or nearby waste management facilities will be detailed in an appropriate search.

 
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