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Transfer of Equity in Fishguard

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 Fishguard

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Read about the Fishguard area ;

Fishguard's nearest station is Fishguard Harbour. The closest airport to Fishguard is Haverfordwest Airport Airport (11 miles s). Aberporth Airport is 20 miles away.

Bro Cerwyn/St Brynach Day Haverfordwest is a nearby hospital for Fishguard.

Q.

Do all cheap conveyancing quotes have extra fees? We need to find low cost conveyancing.

A.

This catches out many buyers and sellers, and can leave them paying far more in fees than they budgeted. Many law firms claim to offer so-called 'the cheapest conveyancing quotes'. Unfortunately extra charges are often hiding in the terms and conditions.

Q.

The property being bought is on a brownfield land. Could the soil be contaminated by industrial waste?

A.

Most soils in Fishguard have some degree of contamination, from industry and natural causes. Also considering issues such as disinfection by-products and water contaminants such as petrol, contaminants affecting Fishguard property will be factored into an environmental search.

Q.

Is a PI contribution a disbursement or fee?

A.

An ideal quote will clearly list all fees and disbursements. This cost is a fee not a disbursement, and should be included in the quote for your conveyancing.

Q.

Our estate agent in Wincanton has put forward a lawyer which they often use. Will it be more cost-effective to instruct this firm?

Many agents have arrangements with solicitors whereby they refer conveyancing work to them. These referrals need to be considered carefully, as an agent may decide to recommend whichever firm pays the most per referral, not the law firm with the best reputation.

Q.

Doing ones own conveyancing without using a lawyer in Fishguard is becoming possible as a buyer of a maisonette. However, would it really be an unrealistic idea ?

A.

Theoretically speaking there are no arguments at all why a home buyer cant do the your own conveyancing on your own.

The truth is however that a conveyancing solicitor is familiar with a large number of roles from ranging from approving completion statements and communicating with managing agents which really need a skilled professional.

Nonetheless lawyers must carry applicable professional indemnity insurance to safeguard you from any oversights.

Q.

What investigation into the risk and history of floods around Pembrokeshire will a conveyancer in Fishguard scrutinise?

A.

An essential component in the legal process of purchasing a property involves a conveyancer applying for environmental searches that set out details in relation to Fishguard flooding.

Q.

What causes the conveyancing process to seem to be so slow?

A.

The conveyancing process could take more time than budgeted. We understand that these can cause considerable stress and seek to minimise the impact of these delays by chasing for prompt responses.

Q.

Fixtures and fittings refer to what exactly?

A.

Usually, fixtures are fixed elements, such as kitchen units to walls, floors or ceilings, whereas fixtures are free-standing items, like curtain rails. Completion or agreement of a fixtures and fittings form is unfortunately often left to the last minute, when a dispute may jeopordise the transaction.

 
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