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Transfer of Equity in Didcot

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 Didcot

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

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Conveyancing in Didcot Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 03/12/16

Pertinent local Didcot transport and services facts and figures ;

The nearest airport to Didcot is Kidlington, Oxford Airport. Kidlington Airport is 16 miles, White Waltham Airport is 22 miles and Booker Airport is 20 miles away. Didcot Parkway train station is around 1 mile from Didcot.

Didcot is a nearby hospital.

Q.

How do we find fixed rate conveyancing?

A.

Both high-street and online law firms offer theoretically 'the cheapest conveyancing quotes', however additional fees will be included in the small print which unwary buyers fail to check. Any extra charges should be fair. The Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

Didcot conveyancers do varied conveyancing searches when they are instructed by a purchaser but what specific ones?

A.

When obtaining a mortgage the building society of bank mandates a solicitor to get at least the following Local Authority, Drainage Search (Con29DW) and Environmental, and occasionally specific local searches, which might include Subsidence.

Q.

What will a Didcot property solicitor recommend if the building I hope to buy is within a conservation are in South Oxfordshire council and turns out to have unsuitable stone cladding fitted?

A.

South Oxfordshire planning authority LLC1 searches conducted by the solicitor during the conveyancing process should find out whether the property is inside a designated conservation area and evidence of council approval for modifications will be required.

Q.

I am buying with Principality Building Society, what do I need to check?

A.

Purchasers need to be aware that, recently, a number of lenders have decreased the number of firms on their approved panel, potentially creating increased conveyancing costs for property purchasers. Homeward Legal can act on behalf of most mortgage lenders, ensuring that an additional solicitor will not be required to act for your lender.

Q.

Should we get a chancel search if I am intending to buy in the parish of Oxford St Thomas the Martyr?

A.

Whichever Didcot parish in which you are buying, a property solicitor might recommend a chancel search. In older areas of Didcot, chancel repair may be apportioned on current owners of a residence where Parochial Church Councils have previously chosen not to do so. For property in the parish of Oxford St Thomas the Martyr, it is not safe to rely on the historical behaviour of the parish council alone as a guide.

Q.

Which zones of Didcot are secured by a conservation area?

A.

Conservation areas preserve areas of historical merit. You may wish to contact the council if you have specific questions, but your solicitor will investigate this in detail during the property transaction.

Q.

Where do I go about determine whether the Didcot designated conservation area is at risk?

A.

English Heritage maintain records of the state of conservation areas in Didcot and throughout England. Local conservation areas are nominated by the local South Oxfordshire planning authority, who administer conservation area concerns from including things like plastic box signs, side extensions and trees.

Q.

How do you calculate Stamp Duty Land Tax rates in Didcot and what will it be on a £1007000 residential property?

A.

The rate of stamp duty due will depend on several factors, including the home's value. For a property sold for £1007000, SDLT will be £50350.

 
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