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Transfer of Equity in Daventry

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 Daventry

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Daventry clients every week.

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Conveyancing in Daventry Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 16/01/17

Handy nearby services facts -

The closest airport to Daventry is Coventry Airport. Turweston Aerodrome Airport is 16 miles away and the nearest station to Daventry is Long Buckby, almost 4 miles away.

Q.

Daventry attractions and landmarks

A.

Daventry Daventry Country Park Country Park and Wolfhamcote St Peter Churches Conservation Trust are close to Daventry.

The nearest hospital to Daventry is Danetre Daventry.

Q.

I am trying to find a fixed rate conveyancing quote in Daventry. Can you assist?

A.

Many conveyancers advertise theoretically cheap conveyancing quotes, but extra costs are often hiding in the solicitor's terms of engagement. Any costs should be reasonable.

Q.

My wife and I are buying in Daventry, and would like to confirm that there are many conservation areas.

A.

Conservation areas characterise streets and neighbourhoods of architectural merit. You may wish to contact the local council if you have specific questions, but your lawyer will investigate this in detail during the conveyancing process.

Q.

As a consequence of the major flooding in Sept 2012 in the East Midlands, we are anxious that property conveyancing searches may not be sufficient?

A.

Environmental searches conducted by your conveyancing solicitor in Daventry should include the far more in depth search (Landmark) if the risk is deemed significant.

If you are apprehensive you might try to approach a future neighbour.

Q.

Which environmental factors can impact land in Daventry. Are they a concern?

A.

A wide range of contaminants caused by natural causes may seriously affect land, and an environmental search should clarify to what extent a property is affected by contaminants including coal mining or other land contamination.

Q.

Do you address looking into how to avoid paying out for stamp duty tax?

A.

Stamp duty is usually due for residential property sold for more than £125,000. Stamp duty reduction scheme is not recommended for purchases in Daventry, as such schemes are highly expensive and HMRC may challenge a scheme up to six years later and the total stamp duty tax may be payable. There have been several legitimate initiatives, however, such as relief for buyers in 'disadvantaged areas'.

Q.

Which local authority is responsible for Daventry?

A.

Daventry is located in Daventry District Council, Lodge Road, Daventry, Northants, NN11 4FP, contact: 01327 871 100

Q.

We are purchasing a house in Overstone. Will a chancel search be required?

A.

A solicitor should confirm that a chancel search is ordered. Although some Parochial Church Councils have opted to charge chancel repairs on current owners of land subject to chancel liability, a conveyancing solicitor cannot verify that a parish where repair costs have not been paid before will continue to be unaffected.

Q.

What is the council tax on a Thirties semi-detached Band D house in Daventry?

A.

More often than not the conveyancing report on title will cover the appropriate Daventry council tax band. Up-to-date charges for residents of Daventry are tabled on the Daventry local authority site. On (28 November 2012) rates are as follows:

  • Band A - £939.00
  • Band B - £1,095.00
  • Band C - £1,252.00
  • Band D - £1,408.00
  • Band E - £1,721.00
  • Band F - £2,034.00
  • Band G - £2,347.00
  • Band H - £2,817.00

 
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