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Transfer of Equity in Hartlepool

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.

Get an instant quote for a transfer of equity in Hartlepool.

Remortgage Solicitors Hartlepool

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 17/01/17

Commuting from the area? ;

The nearest airport to Hartlepool is Darlington, Durham Tees Valley Airport (13 miles). and the nearest station to Hartlepool is Hartlepool.

University of North Tees & Hartlepool is the neighbouring hospital.

Q.

How do we get the cheapest conveyancing solicitors?

A.

Misleading conveyancing quotes catch out many buyers, leaving them to pay sometimes £100s more than planned. Many firms offer so-called cheap conveyancing. Unfortunately extra fees are frequently hidden in the terms. Additional fees should be reasonable and clear and be applicable solely where your solicitor must perform additional tasks for you, which could not be anticipated at the start of the process. The online quote calculator can generate an accurate statement of the legal fees for the property you plan to buy.

Q.

Is there something I can do to avoid paying for stamp duty to the Revenue?

A.

Stamp duty scheme should be treated with extreme caution in Hartlepool. These schemes are often uneconomical and HMRC may challenge a scheme up to six years later.

Q.

Will a title report prepared by the lawyer in Hartlepool report on the rates of the council tax on a flat before exchange of contracts?

The property solicitor will contact the Hartlepool local council to ascertain the relevant council tax rates, which will then be added to the title report. Correct charges for homes in Hartlepool are detailed online at the Hartlepool council website. As at, 18 February 2013, band rates are:

  • Band A - £1,120.00
  • Band B - £1,307.00
  • Band C - £1,494.00
  • Band D - £1,681.00
  • Band E - £2,054.00
  • Band F - £2,427.00
  • Band G - £2,801.00
  • Band H - £3,361.00

Q.

What would our searches be?

A.

Conveyancing searches ranges in cost, depending on the specific searches which have been ordered. A conveyancing solicitor will order a bundle generally including a mining search and an environmental search.

Q.

Which local authority is responsible for Hartlepool?

A.

Hartlepool is located in Hartlepool Borough Council, Civic Centre, Victoria Road, Hartlepool, TS24 8AY phone: 01429 266 522

Q.

How is stamp duty calculated and what should it be on a £311000 property?

A.

Stamp Duty Land Tax is calculated with reference to the home's value. For a house or flat purchased for £311000, SDLT is £9330 (source: www.hmrc.gov.uk, July 2012).

Q.

I have requested a quote from you. May I be billed any supplementary hidden charges?

A.

Homeward Legal will not charge any additional charges whatsoever.

Q.

What are Hartlepool's searches?

A.

Searches are queries carried out in the interest of the purchaser. These cannot be used in place of a survey.

 
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