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Transfer of Equity in Fenny Stratford

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 Fenny Stratford.

Remortgage Solicitors Fenny Stratford

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 24/01/17

Read all about the Fenny Stratford area ;

Fenny Stratford's closest station is Fenny Stratford and Turweston Aerodrome Airport is 16 miles from Fenny Stratford. Luton Airport is 17 miles and away.

Milton Keynes General is the neighbouring hospital.

Q.

How do we get a discount conveyancing quote?

A.

Several solicitors promote cheap conveyancing quotes. Often extra fees will be included in the solicitor's terms of engagement. Extra costs included in terms and conditions needs to be fair and clearly defined. Our quotes clearly state the solicitors' fees for a standard conveyancing transaction.

Q.

When is it appropriate to find a conveyancing solicitor in Fenny Stratford?

A.

With a firm offering a 'no move, no fee' conveyancing quote, the earlier, the better. Early instruction of a firm could mitigate the chance of your transaction stalling.

Q.

Should I get a building surveyor to inspect this house purchase?

A.

It is strongly recommended that all purchasers arrange a surveyor. There are a range of problems that affect a property, that a solicitor will be unable to address, including blocked drains and insect infestation.

Q.

We are purchasing a property in Fenny Stratford. Can I verify that the property is in a conservation area?

Locales deemed to be of architectural or historic interest, such as 18th century suburbs, will be defined as areas of conservation. The advantages of these restrictions will include a more attractive neighbourhood, but they can result in the buyer inheriting liability of unauthorised changes. Your lawyer will be able to provide more details.

Q.

How is stamp duty determined, and how much do we need to pay on a £666000 residential property?

A.

SDLT will depend on the house's value. It is £26640 on a £666000 house or flat (correct March 2013).

Q.

What can contaminate land in Fenny Stratford. Will they be checked for thoroughly?

A.

Residential property could be contaminated by numerous naturally-occurring factors, and factors like sand or gravel pits should be reported on during conveyancing searches.

Q.

Having heard about the fact that 2012 was second wettest year since 1920 we are concerned that flood searches won't be exacting enough?

A.

Environmental searches conducted by your Fenny Stratford property lawyer will include the more informative Landmark flood search if required.

If you are concerned you can always approach a future neighbour.

Q.

How many weeks should I expect it to take my designated lawyer to complete all of the conveyancing formalities on a semi detached new build property we are intending to purchase?

A.

The process can take anywhere from 3 weeks and three months based on any number of issues e.g. the efficiency of the vendor's property lawyer, or whether additional searches are required.

 
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