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Transfer of Equity in Dunston

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 Dunston

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 07/12/16

Useful regional transport and public service details:

Dunston's nearest airport is Newcastle Airport (6 miles). Dunston's closest train station is Dunston.

Q.

Dunston area info

A.

Newcastle Tyne & Wear Windmill, Gateshead Shipley Art Gallery Art Gallery and Newcastle Upon Tyne Laing Art Gallery Art Gallery are in Dunston.

The most convenient hospital to Dunston is Dunston Hill Gateshead.

Q.

How do we get the best rates for conveyancing in Dunston for a £472,000 house?

A.

Many firms promote theoretically cheap conveyancing quotes. However extra charges can inflate your final bill. Any disbursements should be included on the quote

Q.

Do homewardlegal.co.uk look after the legal conveyancing of residential property auction properties in Dunston?

A.

Our firm often do the legal conveyancing auction buyers and sellers. Conveyancers invariably advocate bidders to formally appoint a lawyer prior to the date of the auction to allow sufficient time for a review.

Immediately following the property auction date your selected lawyer is absolutely geared up to finishing the transaction inside the usual 28 days as conventionally required .

Q.

How do we get out of paying out for stamp duty to HM Revenue?

A.

Stamp duty is payable on home purchases over 125,000 pounds. We strongly advise against any stamp duty mitigation. These schemes are often uneconomical and the HMRC can review a scheme up to 6 years after a sale is completed .

Q.

We need to know which Dunston lenders your lawyers work with. Which panels are you on?

A.

Homeward Legal are able to work with all the major lenders assisting Dunston purchasers. Lenders and mortgage specialists in Dunston include Halifax, 90 The Galleria/Metrocentre, Gateshead, NE11 9YH, and C2G, Suite B1 Kingfisher House/Kingsway, Team Valley Trading Estate, Gateshead, NE11 0JQ.

Q.

What are 'fixtures and fittings'?

A.

There is not a legal definition of fixtures and fittings, which can result in conflict once the new owner takes possession. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction, and which makes resolving any confusion between buyer and seller on this issue so urgent.

Q.

If I plan to purchase in the parish of Dunston, do we need a chancel search?

A.

A property solicitor is likely to recommend that a chancel search is taken out. Chancel repair dues can be collected on the owners of a building where Parochial Church Councils have not imposed the same liability on the last owners.

Q.

Myself and my partner are purchasing in Dunston. Can we verify that the building is in a designated conservation area?

A.

Areas considered to be of architectural or historic interest, like stretches of canals, may be designated as conservation areas. A conveyancing solicitor will discuss what specific restrictions are in place and provide more details for conservation areas in Dunston.

Q.

What causes the sale conveyancing process to require months?

A.

The conveyancing process may be drawn out even in the best of circumstances. Sometimes, the causes are out of a lawyer's control, we, however, strive to curtail the consequences of these delays if it is possible to do so. There are numerous reasons for delay, such as difficulties with mortgage finance.

 
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