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Transfer of Equity in Headingley

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 Headingley

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

Profile photo of Lorraine Imhoff

By

Ask Lorraine a question lorraine@homewardlegal.co.uk

Updated: 04/12/16

Living in Headingley? ;

Leeds Bradford Airport is 5 miles from Headingley. The closest station to Headingley is Burley Park, around a mile away.

Motorists are well catered for with Headingley having good road access about 1.5m of the A58M.

Leeds Dental is the nearest hospital.

Q.

Do all cheap conveyancing quotes have extra fees? I need to find a discount conveyancing quote.

A.

This catches out many property buyers and sellers, and can leave them paying far more in fees than they budgeted, and many conveyancers claim to offer cheap conveyancing, however extra costs are often hiding in the terms. Our quotes offer a clear statement of your solicitors fees for a standard purchase or sale.

Q.

What do fixtures and fittings mean?

A.

Chiefly, fixtures are permanently fixed to walls, floors or ceilings and fixtures are free-standing. For many transactions, this is overlooked, which makes a fixtures and fittings form so useful.

Q.

We are purchasing with Bank of Ireland - what do I need to be aware of?

A.

Traditionally, most solicitors could act for the majority lenders. House buyers should know that some lenders have reduced their 'solicitor panel', resulting in increased conveyancing costs for property purchasers if their solicitor cannot act for the lender. Homeward Legal are able to act on behalf of most mortgage lenders so that you will not be required to pay the lender's legal fees.

Q.

Headingley lawyers get some property when instructed by a purchaser, but which specific ones?

A.

If you are obtaining a mortgage a mortgage lender will expect at least specific searches, including - Local Authority, Drainage Search (Con29DW or personal) and Environment Search,, and possibly specific local searches for instance Chancel Search.

Q.

I plan to buy a residence in Rawcliffe. Will a chancel search be specified?

A.

Whether you are buying a house in Headingley or elsewhere in the county, the lawyer might recommend that a chancel search be ordered. In older areas of Headingley, chancel repair has the potential to be charged on the current owners of a house where Parochial Church Councils have previously chosen not to do so. Even if liability is unlikely, indemnity insurance is a sensible precaution.

Q.

How do we work out stamp duty, and what will it be on a £643000 residence?

A.

Stamp Duty Land Tax will depend on the property's price. For a house or flat sold for £643000, the SDLT rate is £25720.

Q.

Is contaminated land a concern in Headingley?

A.

Land in Headingley may have been contaminated by a wide range of environmental concerns. Issues including environmental radon sources or landfill sites will be investigated during the conveyancing process.

Q.

Has zinc (Zn) ever contaminated land in Headingley?

A.

Given the history of industry and agriculture in parts of Headingley, soil contamination is inescapable. Land may also be contaminated by other sources, including food-processing waste.

 
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