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Transfer of Equity in Fairford

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 Fairford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 10/01/17

Read about the area ;

Fairford's nearest airport is Gloucester Airport (20 miles). Kidlington Airport is 22 miles and away. Fairford's nearest station is Kemble.

Fairford is a nearby hospital to Fairford.

Q.

How do I find the best conveyancing rates in Fairford for a £106k residence?

A.

Many online and high street property lawyers advertise 'the cheapest conveyancing quotes'. Unfortunately additional charges are frequently hidden in the terms and conditions. Any additional charges should be fair and clearly defined. They only apply to matters if your conveyancer must complete additional work in your interest, which could not be anticipated at the start of the process. The disbursements to be paid must also be stated on your quote. Homeward Legal quotes are not estimates, and offer a clear statement of your legal fees for a standard conveyancing transaction.

Q.

I am planning to buy in Fairford. Should we have 'conveyancing searches' ordered?

A.

These searches are a standard bundle of enquiries requested by the buyer's conveyancing solicitor via specific agencies. Purchasers should know that, conveyancing searches refer to issues with the property's title.

Q.

How soon should we speak to a conveyancing solicitor?

A.

In the majority of situations, the faster you instruct the better. Instructing your solicitor earlier can reduce any chance of your purchase or sale stalling.

Q.

We are buying on a ex-industrial site. Is the soil likely to be contaminated?

A.

There are extensive regulations imposed to limit soil contamination. The local authority for Fairford will be able to provide more detail on cases of contamination.

Q.

Do you advise taking action to avoid paying stamp duty on the purchase?

A.

SDLT is due for residential property sold for more than £125,000. Stamp duty mitigation should be treated with extreme caution. These schemes are highly expensive and very risky.

Q.

How can Fairford purchase conveyancing seem to be so slow?

A.

Conveyancing may take more time than budgeted even in the best of circumstances. Some reasons are out of the solicitor's control. We understand how frustrating these are and endeavour to reduce their impact by chasing for prompt responses. There are numerous reasons for delay, such as waiting for a mortgage offer.

Q.

I am going to a property auction and will need to ensure fast conveyancing, what can we do to speed up the process?

A.

As is often reported, fast conveyancing is essential to is to employing a communicative lawyer. That said, there are numerous things you as the buyer could do to speed up the legal work, including, getting your mortgage offer in place, completing all forms as soon as possible and requesting status updates from the lawyer regularly.

Q.

In 1 month we are hoping to be moving out of our semi detached home just outside Fairford into our new home in Dymock . At what point to appoint a removals firm?

A.

Your solicitor would usually advocate that home vendors put off until the point where exchange of contracts because usually an absolute home moving date will not have been decided. Often removals firms add an additional a late cancellation fee . For more information try Barnes, 59 Aldsworth Clo, Fairford, GL7 4LB on 01285 712634.

 
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