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Transfer of Equity in Danbury

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 Danbury

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 11/01/17

Useful local public service facts ;

London, Southend Airport is 11 miles from Danbury. London Airport is 12 miles, Clacton Airport is 25 miles and Stansted Airport is 19 miles away. The closest station to Danbury is Hatfield Peverel, about 4 miles away.

St Peters Maldon is a relatively close hospital.

Q.

What will the overall charge be on the sale of a £398,000 home? I am looking for a fixed rate conveyancing estimate in Danbury.

A.

Confusion over this issue catches out many buyers and sellers, and can leave them paying far more in conveyancing fees than they budgeted. Many property lawyers advertise 'the cheapest conveyancing quotes', however additional fees are frequently hidden in the small print, left unregarded by busy buyers and sellers Additional fees needs to be fair and clearly defined. Applicable disbursements should also be clearly stated on the conveyancing quote based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.

Q.

Can you recommend how to defer paying for stamp duty to the Revenue?

A.

Stamp duty avoidance is not advised when buying in Danbury, because these schemes are expensive and can be very unlikely to succeed.

Q.

Apparently, strontium soil contamination may be an issue in Danbury. Can you advise?

A.

There are considerable regulations in order to manage soil contamination. Land may also be contaminated by other sources, including fertilisers.

Q.

Unforeseeable personal circumstances dictate that we must to hurry up and complete on the legal work on a house in a very short time frame, do Homeward Legal employ fast Danbury conveyancing solicitors ?

Our chosen solicitors have a thoroughly active method when completing the conveyancing work to suit a clients time frame.

Homeward Legals solicitors approach is to employ the very latest technology and conveyancing case management systems . Crucially , we give you a firm incentivised to communicate through the whole of the property chain (line of buyers and sellers) .

Q.

What average time will it take the property lawyer to get through the conveyancing process on a terraced house in Danbury?

A.

Completion can take anywhere between 1 month and twelve weeks, based on any number of issues such as the efficiency of the seller's property solicitor, or the time taken to issue draft contracts.

Q.

I am intending to purchase a medieval barn conversion in the parish of Great Maplestead. Is a chancel search specified?

A.

A conveyancer might recommend that a chancel search be taken out, whichever parish where the residence being bought is found. In older areas of Danbury, chancel repair can be imposed on the owners of a residence where Parochial Church Councils may have not done so in the past. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

What will the council tax cost me for a Victorian Band G maisonette in Danbury?

A.

The relevant council tax band will almost always be given as part of the conveyancer's title report, as well as by the governing local authority Council tax charges for Danbury are listed on the Maldon local authority website. On (01 January 2013) rates are:

  • Band A - £1,002.00
  • Band B - £1,168.00
  • Band C - £1,335.00
  • Band D - £1,502.00
  • Band E - £1,836.00
  • Band F - £2,170.00
  • Band G - £2,504.00
  • Band H - £3,005.00

Q.

Having read about the Met Office projecting more intense rainfall, I am worried that flood risk searches won't be thorough enough?

A.

A diligent Danbury lawyer should get informative flood searches if the environmental search flags up a significant risk of flooding in Danbury.

Perhaps you could speak to a neighbour or local resident to get additional information.

 
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