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Transfer of Equity in Countesthorpe

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 Countesthorpe

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Helpful local Countesthorpe public transport and public service facts and figures ;

Countesthorpe's nearest train station is South Wigston at 2 miles. The nearest airport to Countesthorpe is Coventry Airport (18 miles). East Midlands Airport is 21 mile away.

London Road Private Leicester is the neighbouring hospital to Countesthorpe.

Q.

I am looking for low cost conveyancing in Countesthorpe. as we are on a budget.

A.

Lack of clarity over this matter catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many conveyancers purport to offer supposedly 'the cheapest conveyancing quotes'. Unfortunately extra charges can increase your final bill. Additional costs which are listed in terms of engagement needs to be reasonable. Applicable disbursements must also be stated on the quote. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

Do you recommend your solicitors to specialise the legal conveyancing of auction properties in Countesthorpe?

A.

Homeward Legal do frequently do the legal work for sellers at auction. We usually advise buyers at auction to instruct a lawyer before the actual auction to allow time for a title report of the legal papers.

Immediately following the property auction your chosen lawyer is geared up to finishing the legal side of things in the reduced time frame as typically required .

Q.

Are the many conservation areas in Countesthorpe likely to affect us?

A.

Buyers in Countesthorpe should be aware of a number of local conservation areas. Living in a conservation area can mean protection for trees and other flora, but the restrictions can result in the buyer inheriting liability of unauthorised changes. A conveyancing solicitor will address the impact buying in a conservation area may have.

Q.

We are purchasing a £579000. What will be calculated for stamp duty rates?

A.

Stamp Duty in Countesthorpe is dependent on the property's price. It is £23160 on a £579000 house or flat in Countesthorpe (source: www.hmrc.gov.uk, July 2012).

Q.

We are buying at auction and need guarantee fast conveyancing, what do we need to guarantee?

A.

Many buyers will, correctly, argue that contacting a experienced lawyer is crucial to fast conveyancing. You should consider:

  • Did you experience any delays when requesting a quote?
  • What methods of communication do they use? Posting documents can adds days of waiting to a purchase.
  • How soon will they order searches?

Q.

What does the Countesthorpe conveyancing lawyer recommend if the home is in a Blaby conservation area that may have unlawful stone cladding fitted?

A.

The local authority LLC1 searches conducted by the solicitor during the legal process should verify if the property is in a designated conservation area and any evidence of Coal Authority consent for modifications will be required.Should no local authority consents be in evidence your Countesthorpe conveyancing solicitor will inform you of the alternatives such as getting an indemnity insurance or seeking retrospective approval from the planning authority.

Q.

I am purchasing in Countesthorpe with New Life Mortgages, what do I need to be aware of?

A.

Prior to recent changes, almost all conveyancing solicitors could act for the large mortgage lenders. Over the last two years, some lenders have opted to reduce the size of their 'solicitor panel', which may result in increased conveyancing costs for buyers. Homeward Legal, fortunately, will act for most lenders so that you will not be required to pay any additional legal fees to your lender's solicitor.

Q.

Do we need a chancel search if we are buying in the parish of Ratcliffe on the Wreake, near Countesthorpe?

A.

Your conveyancing lawyer may suggest that a chancel search be taken out. Although some Parochial Church Councils have determined to exact chancel repairs on the current owners of land subject to chancel liability, it is not possible to be certain that a parish which has not imposed liability will not be so in future.

 
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