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Transfer of Equity in Fishponds

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 Fishponds

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Fishponds clients every week.

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The Conveyancing
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Conveyancing in Fishponds Q & A's

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 12/01/17

Read about Fishponds ;

Fishponds's closest airport is Bristol Airport. Fishponds's nearest station is Lawrence Hill at 2 miles.

Fishponds is very close at roughly 1.4 miles off the M32 junction entry 1 Southbound.

Q.

Fishponds area info

A.

Bristol St Paul Churches Conservation Trust and Bristol St Thomas the Martyr Churches Conservation Trust are close to Fishponds.

The nearest hospital is Blackberry Hill Bristol.

Q.

How do we get the best rates for conveyancing in Fishponds for a £344,000 property?

A.

Many firms promote supposedly cheap conveyancing quotes. Often additional charges are often hiding in the terms of engagement that unknowing homeowners have not reviewed Any extra costs needs to be reasonable and clear. The Homeward Legal quote calculator will confirm the exact legal fees based on the property you are buying.

Q.

How do we protect against getting gazumped?

A.

Gazumping is common across England and Wales and describes circumstances where a property owner accepts the first buyer's offer and then rejects it, opting for a better offer. The chance of getting gazumped exists for almost any purchase. Instructing your solicitor early is a key first step to reducing this risk.

Q.

How long on average should it take my lawyer to conduct the legal formalities on an apartment in a fifties property we want to buy?

A.

The process can take anywhere from one month to three months, which can be affected by any number of things for example the speed of the vendor's property lawyer, or renegotiations.

Q.

Is it necessary that we get a chancel search? We are buying a Fishponds property by church grounds.

A.

Repair costs resulting from chancel liability can total hundreds of thousands of pounds. Liability has the potential to impact the value of a property, but insurance is available should an obligation to fund repairs be enforced. Fishponds ecclesiastical properties which may give rise to chancel liability include All Saints, St John and St Mary.

Q.

Which actual searches does the property lawyer in Fishponds conduct when acting on a Fishponds property?

A.

The common conveyancing protocol is to get these searches - Local Authority, Drainage and Water Search (CON29DW or personal) and Environmental as well as any specific searches such as Anti Money Laundering Search.

Q.

When should you arrange a solicitor in Fishponds?

A.

In simple terms, the earlier, the better, as there are a number of tasks that may be performed straight away. Early instruction of a conveyancing solicitor for a sale may mean that paperwork can be prepared, even before a buyer is found, whereas if you are buying your offer may be taken more seriously if you already have a solicitor instructed.

Q.

Do we need to opt for a solicitors firm suggested by our estate agent?

A.

If you choose a solicitor referred through this route, you may have the benefit of the agent's willingness to move the conveyancing process along. Such referrals need to be weighed up against alternatives, including online or local firms, as some agents may 'recommend' the conveyancer who pays out the highest referral fee, not the best value for you.

Q.

Which local authority looks after Fishponds?

A.

Fishponds is located in Bristol City Council, The Council House, College Green, BS1 5TR, Call: 0117 922 3000

 
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