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Transfer of Equity in Cottenham

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 Cottenham

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Relevant local Cottenham travel and services facts ;

Waterbeach train station is about 4 miles from Cottenham. Cottenham's nearest airport is Cambridge City Airport.

Q.

Cottenham area information

A.

Willingham Cambs Windmill, Denny Abbey and the Farmland Museum English Heritage and Long Stanton St Michael Churches Conservation Trust are easily accessible from Cottenham.

The most convenient hospital to Cottenham is Impington, Cambridge Lea.

Q.

How do I get affordable conveyancing?

A.

Both high-street and online solicitors offer supposedly 'the cheapest conveyancing', but extra costs can increase your solicitor's invoice. Our quotes are not estimates, stating all the solicitors fees you will pay for a standard sale or purchase.

Q.

We are buying a £804000 home in Cottenham. What should be determined for SDLT?

A.

Stamp Duty will depend on the purchase price. It will be £32160 on a £804000 residential property.

Q.

How much does charges for our searches total?

A.

With a Homeward Legal solicitor, you will be charged at most £249 for searches. The most frequently used searches include an environmental search.

Q.

Why does conveyancing work in Cottenham require weeks?

The legal work required to buy or sell a home can be held up even in ideal circumstances. Some causes are out of a lawyer's hands. Homeward Legal seek to curtail their consequences whenever it is possible.

Q.

Which body has overall responsibility for recording the standard of neglect conservation areas in Cottenham?

A.

English Heritage keep a list of the condition (poor to good) of conservation areas. Local conservation areas are set up by the local authority (South Cambridgeshire) who govern the state of the area including things like modern telephone boxes, removal of existing windows and area development.

Q.

With a home ready to buy, and no chain, can we guarantee fast conveyancing?

A.

It is a truism that instructing a proactive and experienced solicitor is the key to a fast completion. There are a number of tasks you, as the buyer, can do, such as, quickly answering your solicitor's questions, requesting regular updates from your solicitor and keep the pressure on and confirming your mortgage offer.

Q.

What average time should it take our assigned conveyancer to exchange all of the legal formalities on a maisonette in a building?

A.

The conveyancing process can take anywhere between one month and 3 months, which can be hampered by various things for example the speed of the sellers lawyer, or the speed of your lender.

Q.

Would you advise looking into how to get out of paying for SDLT?

A.

Stamp Duty Land Tax commonly must be paid on homes sold for more than £125,000. Stamp duty mitigation scheme should not be considered when purchasing in Cottenham. These schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed .

 
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