By Ellie Pierpoint
15th November 2016
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 Ebbw Vale.
Homeward Legal's panel of solicitors carry out remortgage conveyancing for Ebbw Vale clients every week.
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Ebbw Vale's closest airport is Cardiff Airport (27 miles). and the nearest train station to Ebbw Vale is Pontlottyn, approximately 4 miles away.
Ebbw Vale is a nearby hospital.Q.
Various law firms advertise cheap conveyancing. Unfortunately extra costs will be included in the terms of engagement. This small print is often not read by buyers and sellers in a hurry. Based on the property you intend to buy, our online quote calculator will generate an accurate statement of conveyancing fees.Q.
Conveyancing searches in Ebbw Vale ranges in cost, depending on the particular searches ordered. Searches are charged 'at cost'.Q.
Repair costs resulting from chancel liability can total hundreds of thousands of pounds. A chancel search is used to confirm whether such a liability exists. A solicitor will be able to advise further.Q.
Soil contamination is closely checked. The local authority for Ebbw Vale will be able to provide more detail on cases of contamination.
Your instructed lawyer to see if the property is affected by a conservation area, and if so, whether any alterations have the requisite permission from the Blaenau Gwent planning authority. In the absence of any the necessary permissions, your Ebbw Vale conveyancer will recommend the options, which include getting from the appropriate local authority or purchasing an indemnity insurance policy.Q.
Many estate agents will have a referral arrangement with solicitors where they refer conveyancing clients to them, however, these referrals should be considered carefully, as the agent may prefer to suggest the conveyancer who pays out the highest referral fee, not the best value for you.Q.
It is strongly recommended that all purchasers in Ebbw Vale arrange a property survey. There are a range of concerns that will impact a property, that a lender's valuation survey, for example, will not cover. These can include cracks in walls.Q.
Regardless of the Ebbw Vale parish in which you are buying, the solicitor responsible for your move is likely to recommend that a chancel search is taken out. In older areas of Ebbw Vale, chancel repair has the potential to be charged on the current owners of a building where Parochial Church Councils (PCCs) have not imposed the same liability on the last owners. In the event that chancel liability may apply, your solicitor might recommend insurance rather than pulling out of the purchase.