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Transfer of Equity in Frenchay

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 Frenchay

Homeward Legal's panel of solicitors carry out remortgage conveyancing for Frenchay 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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Conveyancing in Frenchay Q & A's

Profile photo of Clarisa McMahon

By

Ask Clarisa a question hl@syntarsus.co.uk

Updated: 22/01/17

Read about the area ;

Frenchay is very close at 0.25m of the M32 junction entry 1 Southbound.

The closest airport to Frenchay is Bristol Airport (11 miles s). Frenchay's nearest station is Bristol Parkway.

Frenchay Bristol is the closest hospital.

Q.

How do we get a cheap solicitor quote to own property?

A.

Numerous firms promote theoretically cheap conveyancing quotes. Unfortunately extra costs may inflate your solicitor's invoice. Any additional costs found in the terms needs to be fair and only apply in cases where the lawyer is required to perform tasks outside a normal transaction in your interest, which could not be anticipated at the start of the process.

Q.

We are purchasing a £239000 Frenchay residential property, what should be assessed for Stamp Duty Land Tax?

A.

The Stamp Duty you will owe is dependent on several factors, most importantly the purchase price. Stamp duty will be £2390 on a £239000 Frenchay property (information correct March 2013).

Q.

What type of local authority searches concerning the uncertain risk of local flooding around Bristol will a conveyancing solicitor in Frenchay actually apply for?

A.

An important part of the legal due diligence procedure involves your conveyancer carrying out conveyancing and environmental searches that go into details in relation to Frenchay flooding. On (27-Dec-12) there were no warnings around the Bristol Frome from Nibley to Stapleton at the River Frome and tributaries between Chipping Sodbury and Bristol Floating Harbour

Q.

Does your company get involved in the legal conveyancing of auction properties in Frenchay?

A.

Our firm is very capable working with buyers at auction. Conventionally more complicated to convey properties like Sold with defective legal titles, are purchased at property auctions and these demand added inquiries by the conveyancer Homeward Legal therefore encourage bidders to formally instruct a local solicitor well in advance of the auction to give enough time for a detailed investigation of the auction pack. Post auction your instructed lawyer is wholly focused on finishing the transaction inside the usual 28 days as typically required .

Q.

Which local authority is responsible for Frenchay?

A.

Frenchay is located in South Gloucestershire Council, The Council Offices, Castle Street, Thornbury, South Gloucestershire, BS35 1HF, phone: 01454 868 009

Q.

If I am intending to purchase near Frenchay, in the parish of Alveston, do we need a chancel search?

A.

Your lawyer is likely to recommend a chancel search, irrespective of the parish where the home being bought is found. Through some Parochial Church Councils (PCCs) have determined to exact chancel repairs on the current owners, it is not possible to be certain that a parish where chancel repair fees have not been paid previously will not automatically be the case for future owners.

Q.

Flood risk searches are standard procedure but when one considers recent climactic events for instance the flooding in Sept 2012 in South West England are they still appropriate to determine enough about the Frenchay area flood risk?

A.

A qualified Frenchay conveyancing solicitor will suggest that you get flood searches if the environmental search identifies a significant risk Frenchay flood risk.

For extra history it may be sensible to contact a local resident.

Q.

Is a Local Authority search a disbursement or fee?

A.

Some firms attempt to pass off additional costs as disbursements. It is not always obvious if a cost is a fee or disbursement, and if it should be included. This charge is a disbursement not a fee, and is passed on at cost.

 
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