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Transfer of Equity in Dartmouth

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 Dartmouth

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 08/01/17

Noted Dartmouth interest

Coleton Fishacre House & Garden National Trust Dartmouth Castle English Heritage and Dartmouth Woodlands Theme Park Falconry Centre Bird of Prey Centre are around Dartmouth.

The nearest airport to Dartmouth is Plymouth City Airport. Dartmouth's nearest station is Paignton.

The closest hospital for Dartmouth is Dartmouth.

Q.

We are trying to find a low cost conveyancing quote in Dartmouth. What should we check?

A.

Confusion over this issue catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted, and many conveyancers offer supposedly 'the cheapest conveyancing quotes'. However additional charges can inflate your final invoice. Any additional costs listed in terms of engagement should be reasonable. The disbursements to be paid ought to be listed on any quote for conveyancing in Dartmouth

Q.

Will you need a chancel liability search? I am purchasing on the same street as a church built in the 1400s in Dartmouth.

A.

Potentially amounting to over £100,000 in repair cost obligations, chancel liability should be considered by buyers of Dartmouth property likely to be affected. Parochial Church Councils in Dartmouth must register their interest over property by October 2013, simplifying the chancel search process. Your conveyancing lawyer will suggest an appropriate indemnity policy to address chancel liability. Church of England properties in the area which may give rise to chancel liability include St Clement, St Petrox and St Saviour.

Q.

Are your lawyers geared up for 1 month completions on residential property auction conveyancing in Dartmouth?

A.

Our team are property auction specialists and regularly do the legal conveyancing buyers and sellers at auction. Our niche auction team of property lawyers have been instructed by countless buyers at national and local auctions that include Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Traditionally unusual lots e. g. development propositions, are purchased in auctions which require greater examination. We therefore suggest buyers to formally instruct the lawyer in advance of the property auction date so there is time for a review.

Thereafter, following the auction day arrives your selected lawyer is wholly geared up to completing the transaction within as short a time frame as usually required .

Q.

What do we do to calculate stamp duty in Dartmouth, and what should we budget for a £340000 home?

A.

The Stamp Duty due is calculated based on a small range of considerations, including the purchase price. For a property bought for £340000, stamp duty is £10200.*

*This information correct as of October 2012

Q.

Why does Dartmouth property legal work for a purchase have so many delays?

A.

The legal work undertaken to transfer a home in Dartmouth will occasionally experience delays even in the best of circumstances. In some cases, the delays are out of the solicitors' control, we, however, endeavour to lessen their cost, if it is possible to do so, by, for example, ordering searches as early as possible. Reasons for delay include the time taken to return management information.

Q.

Which individual searches should the property solicitor in Dartmouth apply for when carrying out the conveyancing for a Dartmouth flat?

A.

The routine legal protocol is to obtain Local Authority (personal or official), Drainage Search (Con29DW), Environment Search, Tin Mining Search and China Search and perhaps less common searches, like a Official Search of whole without priority.

Q.

What will a Dartmouth property lawyer do when the building we are buying is inside a conservation area and has inappropriate window frames added?

A.

Your instructed conveyancing solicitor will always check if the property is inside a conservation area, and if so whether any modifications have the necessary consent from the South Hams council.

Q.

Should we instruct a conveyancing referred by our agent?

A.

Many agents will have referral deals with solicitors whereby they refer work. These referrals should be considered carefully, as there is a risk that the agent may suggest whichever firm pays the most per referral, not a firm with local expertise and a solid reputation.

 
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