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Transfer of Equity in Frome

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 Frome

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 05/12/16

Read all about Frome ;

Frome's nearest train station is Frome. Frome's nearest airport is Bristol Airport (20 miles).

Chantry House Day Frome is the nearest hospital to Frome.

Q.

Do all cheap conveyancing quotes have extra fees? We are trying to find affordable conveyancing in Frome.

A.

This topic catches out many sellers and buyers, and can leave them paying far more in fees than they budgeted. Many conveyancers offer cheap conveyancing quotes. Unfortunately extra charges are often hiding in the solicitor's terms of engagement. Charges ought to be reasonable and clear. They only come into force where your solicitor must perform additional tasks on your behalf, which could not be anticipated at the start of the process. Applicable disbursements should also be included on any quote for conveyancing in FromeThe Homeward Legal quote calculator will confirm the solicitors' fees, based on the property you are buying.

Q.

Which local authority is responsible for Frome?

A.

Frome is located in Mendip District Council, Council Offices, Cannards Grave Road, Shepton Mallet, Somerset, BA4 5BT, Tel: 01749 648 999

Q.

Can you suggest how I hold off paying SDLT?

A.

We firmly advise against any form of stamp duty mitigation scheme, as such schemes are often uneconomical and can be very unlikely to succeed. There have been a range of government-sponsored schemes, such as disadvantaged area relief.

Q.

What is the council tax on a Thirties mid-terrace Band F home in Frome?

A.

Your respective council tax band should commonly be identified as part of the conveyancer's title report

along with the local authority. Correct charges for homes in Frome are set out at the Mendip council site. On, 21 August 2012, rates are:

  • Band A - £982.00
  • Band B - £1,146.00
  • Band C - £1,310.00
  • Band D - £1,473.00
  • Band E - £1,801.00
  • Band F - £2,128.00
  • Band G - £2,455.00
  • Band H - £2,947.00

Q.

When in the process is it wise to instruct a solicitor to act on our sale?

A.

If you use a conveyancing firm offering a 'no move, no fee' guarantee, the sooner the better, as there are several tasks which may be carried out immediately. A number of sources advocate holding off instruction until a chain is completed, but you will then be at a serious disadvantage in the event of a contract race, or buyer eager to move quickly.

Q.

Could cadmium contaminate land in Frome?

A.

The risks posed by top-soil contamination to Frome inhabitants are usually low. Land may also be contaminated by other sources, including groundwater contaminants like pesticides.

Q.

There is a lot of free information about the conveyancing process as a buyer of a house , Would it be a good idea to take care of the legals without any help?

A.

Theoretically speaking there are no arguments why a home mover cant complete the legal work unaided. However, a lawyer in Frome takes care of a huge array of roles from e.g. chasing missing documents and interpreting management accounts some of which need a qualified solicitor.

Furthermore solicitors practices are obligated to have insurance cover to shield you in the event of any failures made by the lawyer.

Q.

How is Frome contaminated land identified during conveyancing?

A.

Residential property may be contaminated by several factors caused by man and by nature, such as limestone or gypsum quarrying. An environmental search will offer more detail. Contamination can be caused by local waste sites, including Colemans Quarry, Somerset, BA11 4PX.

 
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