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Transfer of Equity in Downend

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.

Get an instant quote for a transfer of equity in Downend.

Remortgage Solicitors Downend

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Downend 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
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Conveyancing in Downend Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 08/12/16

Handy nearby public transport and public service details:

Downend is approximately 1.5m of junction entry 1 Southbound of the M32.

The nearest train station to Downend is Bristol Parkway. The nearest airport to Downend is Bristol Airport (11 miles s).

Emersons Green, NHS Treatment Centre is the closest hospital.

Q.

How do we get a cheap solicitor in Downend to buy a home?

A.

Many solicitors claim to offer cheap conveyancing quotes, but extra charges may be added into the terms. The conveyancing quote should also clearly state any disbursements to be paid. Additional charges found in terms of engagement ought to be reasonable. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

Is there something I can do to get out of paying stamp duty to the Revenue?

A.

SDLT must be paid on purchases sold for more than £125,000. Stamp duty mitigation scheme is not advised. Such schemes are often uneconomical and , if the scheme fails, you may be charged a penalty of up to 100% of the stamp duty amount owed.

Q.

When should you speak to a conveyancing solicitor in Downend?

A.

In simple terms, the faster you instruct the better, as there are several tasks that can be carried out immediately. Instructing a firm to handle your Downend conveyancing early for a sale enables information, especially from slow third-parties, can be requested even prior to accepting an offer, whereas if you are buying you can shave days off the process by having the details of your instructed solicitor ready when you make an offer.

Q.

Does your company manage the conveyancing for auction properties in Downend?

A.

Yes - We are accustomed to working with residential property auction conveyancing. Our panel of conveyancers have in the past worked for numerous buyers at national and local property auctions including Acuitus, Allsop (Commercial), Allsop (Residential), Auction House London, Award Property, Barnett Ross, Baxtons, Brendons Auctioneers, Countrywide Property Auctions and Drivers Norris.

Smart purchasers know to get a lawyer as rapidly as they can to allow for a thorough review of the legal pack well before the actual auction.

Subsequently, following the actual auction your appointed conveyancing solicitor will be focused on completing all of the legal work inside as short a time frame as conventionally required .

Q.

What sort of analysis about the potential risk of floods in the Bristol area will the Downend conveyancing solicitor report on for a seventies property we are intending to buy?

A.

A solicitor makes an application for environmental searches, which include Downend historical flood risk data. A substantially more detailed flood risk search, such as the Homecheck search, may be advocated by a qualified Downend conveyancing solicitor if in the event that the initial conveyancing searches reveal a potential flood risk to the seventies flat. At the time of writing (23/02/13) publication on the Environment Agency do not reveal any flood warnings in the Downend area.

Q.

Which local authority is responsible for Downend?

A.

Downend is located in London Borough of Bexley Council, Civic Offices, Broadway, Bexleyheath, Kent, DA6 7LB, contact: 020 8303 7781

Q.

We are buying on a brownfield land. Is the top-soil likely to be contaminated by waste minerals like aluminium (Al)?

A.

Downend and the surrounding region has a legacy of chemical contamination. Other sources of contaminated land include insecticides.

Q.

For fast legal work on the purchase of a £723,000 house, what can we do to speed up the transaction?

A.

As is often argued, contacting a proactive, diligent conveyancer is key fast conveyancing. Ask these questions when identifying your conveyancer:

  • Do they offer 'instant' online quotes?
  • Which communication methods do they use? Days can be wasted waiting for letters in the post which could be emailed or faxed.
  • Do they order searches immediately?

 
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