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Transfer of Equity in Griffithstown

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 Griffithstown

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 15/01/17

Commuting from Griffithstown? ;

Griffithstown's nearest station is Pontypool And New Inn and Griffithstown's nearest airport is Cardiff Airport. Bristol Airport is 25 miles away.

County Griffithstown is a nearby hospital to Griffithstown.

Q.

I am trying to find discount conveyancing in Griffithstown. How do I get a quote?

A.

Many online and high street solicitors claim to offer theoretically 'the cheapest conveyancing quotes'. Unfortunately extra fees may inflate your final bill. Additional fees should be fair and reasonable. Get a quote using the Homeward Legal quote calculator for the property you are buying.

Q.

For a fast exchange and completion to buy a £247k house, what can we do to speed up the transaction?

A.

As is often reported, contacting a communicative solicitor is essential to buying faster. There are, however, various jobs you, as the buyer, could do to get moving sooner, including, organising your finances, promptly answering your solicitor's questions (by email if possible) and calling or emailing your solicitor, and chase them if you suspect any delays.

Q.

Why can conveyancing work in Griffithstown need such a long time?

A.

The legal work needed to sell or purchase a property can experience delays. We strive to reduce their effect where possible. There are numerous reasons for delay, such as the length of time it takes for the managing agent or landlord to respond to queries.

Q.

Property lawyers in Griffithstown do official searches when instructed by a home buyer - which particular ones?

A.

If getting a mortgage lender expects a solicitor to get at least the following for properties in Griffithstown: Local Authority (personal or official), Drainage Search and Environmental and occasionally less common searches such as Commons Search.

Q.

My friend has experience of the conveyancing process when buying and selling a home , Would it be reasonable to do the DIY conveyancing on our own?

A.

There are no arguments why a home mover cannot handle the conveyancing unaided.

The truth is however that a Griffithstown lawyer is familiar with a huge number of functions e.g. chasing missing documents and apportioning ground rents which require training.

Furthermore legal firms are required to get cover that protects you from any professional failures.

Q.

We are buying a £793000 home in Griffithstown. How is stamp duty calculated?

A.

Stamp Duty Land Tax depends on the valuation. Stamp duty will be £31720 on a £793000 house or flat.*

*Correct as of January 2013

Q.

How much does the searches cost?

A.

The cost of conveyancing searches will vary considerably, depending on the searches required by your lender.

Q.

Do we need to make use of the conveyancing put forward by our estate agent in Ryhall?

A.

It is commonplace for estate agents to recommend a solicitor. However, if they are paid a referral fee, the agent may recommend the conveyancer who pays out the highest referral fee, not the law firm with the best reputation.

 
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