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Transfer of Equity in Dunvant

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 Dunvant

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/01/17

Pertinent local travel and public service facts and figures -

Gowerton station is about 2 miles from Dunvant. Swansea Airport is 2 miles from Dunvant.

The nearest hospital is Fairwood Swansea.

Q.

How do we find the best conveyancing rates for a 437,000 house?

A.

Several firms offer so-called 'the cheapest conveyancing quotes'. Unfortunately extra costs may be added into the solicitor's terms of engagement. These terms are often ignored by excited home owners, eager to get underway. Any extra costs should be clearly defined. Our quotes clearly state all legal fees for a standard conveyancing transaction.

Q.

I have to find extra fast Dunvant conveyancing solicitors - is that your company?

A.

Our solicitors typically have a thoroughly take charge style when completing the conveyancing and title transfer for clients.

Having invested in the latest technology and e conveyancing systems . We also give customers a SRA property lawyer who will communicate with the complete buyer and seller property chain such as councils , to reach a fast conclusion.

Q.

What does a Dunvant conveyancing solicitor advise if the house is situated in a Swansea council conservation area and has inappropriate windows fitted to it?

A.

The local authority LLC1 searches carried out by a property lawyer during the legal process should check the existence of the appropriate authorisation for modifications to the building.

Q.

In what ways does the conveyancer in Dunvant report on the risk of floods in Dunvant?

A.

An essential component in the legal due diligence procedure involves a lawyer making an application for environmental searches that give specific information on the subject of the local Dunvant flood risk. A substantially more thorough conveyancing search, such as the Landmark search, may be recommended by a Dunvant conveyancer if in the event that the initial searches highlight a potential flood risk to the property. At the time of writing (22/02/13) reports on the Environment Agency flood reports website do not show any active flood warnings in the Dunvant area.

Q.

I am purchasing a Dunvant home with Hinckley and Rugby Building Society - what do I need to be aware of?

A.

Buyers in Dunvant need to be aware that, recently, a number of lenders have reduced the number of firms able to act for them. Homeward Legal are able to act on behalf of most UK mortgage lenders, ensuring that an additional preferred solicitor will not be required to act for your lender.

Q.

How is stamp duty tax calculated, what should it be on a £195000 house?

A.

SDLT in Dunvant depends on the home's value. It is £1950 on a £195000 property.

Q.

Will it be necessary to get a chancel search if I am buying in the parish of Michaelston-le-Pit?

A.

The property lawyer could recommend a chancel search. In Dunvant's much older areas, chancel repair dues can be collected on current owners of a property where Parochial Church Councils have previously chosen not to do so. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.

Q.

Is a mining search paid to the solicitor?

A.

Comparing quotes can be difficult, considering differences in terminology. This charge is a disbursement not a fee, and is passed on to the buyer at cost.

 
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