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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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The Conveyancing
Process Explained


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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: 05/12/16

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.

How frequent is gazumping?

A.

Gazumping occurs when a property seller acknowledges a buyer's offer and later refuses it. Instead, they then go for a higher offer. The danger of gazumping exists for almost any purchase. Instructing a law firm as soon as possible is a key first step to reducing this risk.

Q.

Is it advisable that I get a chancel search? I am buying a Danbury home on the same street as priory land.

A.

Chancel repair can require some residential property owners to fund repairs to church property in the locality. Insurance may be available to protect a buyer should a Danbury Parochial Church Council enforce liability. Church of England properties in this area where chancel liability may apply include Parish Church of St John Baptist.

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.

Myself and my partner are buying in Danbury. Are there many conservation areas?

A.

Conservation areas recognise regions of architectural or historic interest. Living in a conservation area can mean confidence that property will retain its value, but the restrictions can add to maintenance costs. A lawyer will discuss the relevant responsibilities you would be taking on by purchasing in a conservation area.

Q.

What does the Danbury property lawyer do if the property is inside a local authority conservation area and has unapproved roof antenna fitted?

A.

The local authority searches conducted by a property lawyer during the legal process should find out if the Danbury property a designated conservation area proof of Coal Authority consent for additions to the property will be supplied.Should no appropriate permissions be produced the solicitor will inform you of the best alternative such as getting an indemnity insurance or getting retrospective permission from the council.

Q.

What fact finding in relation to the risk and history of possible flooding around Essex will a Danbury conveyancer report on?

A.

An important part of the legal procedure involves your conveyancing solicitor applying for conveyancing and environmental searches that go in certain details on the subject of Danbury area flood risk.

Q.

Is a deed of variation paid to the conveyancer?

A.

Comparing quotes can be difficult, given the various definitions different firms use to describe the same thing. This cost is a fee not a disbursement. It should be included in a conveyancing quote.

 
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